Olson-Ng Retail Consulting Group is a boutique consulting practice focused on financial and operational improvements, inventory management, merchandise assortment planning and allocation strategies, strategic growth planning and execution, turnarounds, and jump-starts for specialty retailing. Founded in 2001 by Rod Olson and Kim Ng, Olson-Ng provides over 40 cumulative years of industry experience and best practice implementation covering the following areas: Business Strategy Creation - Change Management Budgeting, Forecasting and P&L Management Process Calendar Identification and Improvement Supply Chain Management - Operations Speed and Efficiency Leadership Development Inventory Management Retail and e-Commerce Merchandise Planning, Allocation, and Replenishment System Selection and Implementation Development and Implementation of Performance and Accountability Reporting Ms. Ng and Mr. Olson strategically built successful careers in the fashion apparel industry by integrating hands-on industry and tactical consulting experience into an extensive and well-versed financial and operational base of knowledge. They have successfully held positions and/or consulted with companies covering North America and Europe. Olson-Ng prides itself in being the “no PowerPoint” consultants: their engagements are fully hands-on, digging in and working side-by-side with their clients to identify, create and execute solutions that meet the current and future needs of their clients. Their approach includes extensive research on a client’s identified requirements, extension of that research into all touch points to gain a global understanding and possible effects, and only then, the development and presentation of a solution template for management that offers a clear, concise, comprehensive and cost-effective proposal. Implementation is achieved through consensus building within an organization as enhancements evolve and are executed. Their success has been measured by the number of requests by their clients to return for new consulting engagements. Recent engagements for Olson-Ng have focused on the current rapid shift of brick and mortar retailing to digital platforms requiring redirection of merchandising, planning and forecasting and the use of digital metrics to monitor and drive productivity. Ongoing engagements have continued to focus on the current global economic uncertainty requiring new and stronger methods for planning and forecasting, managing businesses on tighter inventories, and loosening the bonds of older financial and inventory models that no longer work in this challenging environment of changing and evolving market demands. Charter Member: The O Alliance
