Demand Analytics for Fresh Food
Perishables continue to be one of the primary drivers of store traffic with quality, selection, and availability being key differentiators that build loyalty. The challenge, as always, is finding the right balance between having enough product on the shelves to meet customer expectations without needlessly increasing inventory costs. With the additional factor of shrink in the fresh equation, getting this balancing act is even more important.
Utilizing weather analytics to proactively optimize inventories as demand patterns change presents grocers with an effective and endlessly repeatable tactic (after all, the weather never stops changing) for shrinking shrink in fresh categories. Check out the “The Quick Replenishment Fix” playbook to learn more!