Orridge helps measure and prevent stock loss for New Look
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New Look is the UK's 3rd largest retailer of women's clothes. With a group annual turnover of £1.2 billion, it operates over 860 stores in the UK, Eire, France and Belgium. It has 4.8% of the UK's market share with over 30% of women shopping in stores last year amalgamating to 6 million + customers.

Orridge and New Look has an established relationship stretching back over 10 years...

Motive for stock counts

- Stock file accuracy / increases sales
- Identifies true reporting for rate of loss
- External audit requirement / best practice
- Manages working capital effectively

 "New Look needed a specialist stocktaking approach that would guarantee a consistent assessment"
(Keith Gosling - Head of Finance, New Look)

Benefits of outsourcing 

- Flexibility and accuracy
- Geographical spread across UK & Europe
- Technology & enhanced software
- Maximised efficiency of count
- Enables staff to focus on sales
- Cost effective

 "In today's economic climate it's even more important that retailers manage their stocks tightly. This can be achieved at least in part by the regular accurate counting of store stocks"
(Keith Gosling - New look)

Why Orridge?

- Professional approach
- Credibility
- Long term relationship based on success!
- Clearly agreed cost and KPI's
- Added value reporting
- Strong support team
- Other operational areas: - Franchise, shipment counts, DC to store delivery counts.

"Outsourcing stock counting to Orridge plays a key role in New Look's stock loss strategy, without the cost and labour intensity that typify an in-house process"
(Keith Gosling- New Look)

 Keith believes stock counts are:
"Best done by the experts"