On-Shelf Availability in grocery continues to rank as an important problem as retailers compete for market share and shopper loyalty. But not many have documented how to use shared data driven insights to identify, validate and pinpoint root causes or product out of stocks.
After reading this white paper, retailers and suppliers will better understand:
The seven critical areas of focus to drive improvements in on shelf availability
How to use analytics to pinpoint the root causes of products out of stock
How to develop a collaborative action plan to solve the problem and validate results
FMI's Collaboration 2.0 project is a multiyear initiative, developed with Market6®, to help the grocery industry improve how grocers and their suppliers work together around key shared business processes to grow sales, profits and customer satisfaction/loyalty.
This white paper covers:
The Benefits of Collaboration
A 7-Step Model for Next-Generation Collaboration
A Practical Path to Getting There
Includes real-world case studies from P&G, Land O'Lakes, and more.
Never before have accurate inventory planning and management of inventory been more critical than in today’s super-competitive, customer-driven market. Yet, despite decades of effort, the twin problems of overstocks and out of stocks haven’t gotten much better. While perfect inventory management is an impossible goal, continuously optimized inventory management is achievable now with the disciplined application of best practices and utilization of advanced data management tools.
By making the delivery of timely, business focused performance measurement insights to lots of users and multiple departments fast and easy, today’s retail analytic applications give you continuously updated, unified data 24/7 to easily guide decisions as you plan and carry out the needs of your business functions. This "How To Guide" provides practical advice on how you can use advanced analytics to improve retail performance management.