We’ve all been there – you head to the grocery store to pick-up a couple of items and that one item you REALLY wanted isn’t on the shelf. In the list of frustrations that pain grocery shoppers the most, out-of-stock items is always at the very top. For grocery retailers, they feel this pain nearly as much as consumers do. Recent studies show that grocery on-shelf product availability continues to hover in the low 90%’s. This represents a multi-billion dollar opportunity to the entire grocery industry – the retailers, distributors and manufacturers would all benefit greatly by improving on-shelf product availability. Even grocers with best-in-class supply chains, workforce scheduling practices, employee training and inventory management systems find themselves battling against on-shelf availability. Despite all of this technical and analytical horsepower, most grocers can’t crack the on-shelf availability code and the reason for that is simple – grocers don’t know what is actually sitting on their shelves in real-time. And it is for that reason that we at Connors Group are partnering with Focal Systems and leveraging their focalOS technology to help our grocery customers significantly improve on-shelf availability.
Read the Press Release here: https://www.businesswire.com/news/home/20200112005042/en/
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