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Improve Operations

Commonly used CoCoFiSt terms

By |2023-05-05T20:21:26-04:00January 1st, 2011|

CoCoFiSt Common Cooperative Financial Statements, a CDS program for improving cooperative performance. CoCoBud A budgeting feature that, based on historical data, projects sales, margins, and payroll by department, as well as income statements, balance sheets, cash flows, ratios, capital budgets and loans for the next four quarters. A manager can then change assumptions to change the projections. CoCoGap This illustrates how much more profit [...]

Retail Basics: Merchandising and Store Conditioning

By |2023-05-05T20:21:27-04:00December 31st, 2010|

Welcome to Retail Basics: Merchandising and Store Conditioning, created by the National Cooperative Grocers Association (NCGA). NCGA specifically designed this workbook to support effective merchandising in your food co-op and to enhance the customer experience using tools and practices that support retail excellence. Through this handbook, you will gain professional knowledge on: How shoppers see your co-op Components of effective merchandising Specific tactics in [...]

Managing Key Indicators: Guidelines for department managers

By |2023-05-05T20:22:17-04:00July 7th, 2008|

By Mel Braverman 137 July - August - 2008 When you drive your automobile, a number of gauges enable you to read critical factors in your auto’s performance. The dashboard presents “key indicators” of your auto’s health: fuel level, engine temperature, RPMs, oil level and battery charge. If you ignore these indicators, it may cost you much more than it would had you paid [...]

Closing the ‘Gap’ – Using co-op data to achieve improved store performance

By |2023-05-05T20:22:39-04:00October 22nd, 2006|

By Mel Braverman 126 September - October - 2006 Many cooperatives struggle to find appropriate operational benchmarks and to set challenging yet attainable goals. Without the use of external data to help them understand how the industry may be changing, they are left with their own historical performance data (if available) as the sole source from which to base their benchmarks and goals. While [...]

Your New Store: Meeting First Year Challenges

By |2023-05-05T20:22:58-04:00March 4th, 2002|

By Bill Gessner 099 March - April - 2002 You have successfully navigated the stormy waters of a relocation/expansion project. Your co-op has proudly opened the new store amidst celebration, praise, relief, adrenaline and exhaustion. At this common juncture, I have had the privilege of being able to offer a number of co-ops a bit of needed but unwelcome advice: Now the real work [...]

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