Supermarket Perimeter - April 2023 - 49

SPONSORED CONTENT
"
Investing in technology that
provides granular and accurate
demand planning and automated
processes keeps teams not only
productive but better equipped
for when sudden changes occur.
"
weather patterns to provide accurate
forecasts. By using these tools, grocery
store owners can ensure that they have
the right products in stock at the right
time, reducing waste and improving
profitability.
from the floor. As the industry has
begun to embrace the use of technology,
leveraging a software solution that
supports time-dependent data is key
for productivity.
Investing in technology that provides
granular and accurate demand
planning and automated processes
keeps teams not only productive but
better equipped for when sudden
changes occur. If teams are aligned
functionally, then they are more likely
to succeed.
How do software solutions get
the right information to the right
person at the right time?
Advanced software solutions can
analyze historical sales data, seasonal
trends, and external factors such as
With the increased popularity of
in-store prepared meals, forecast
engines now can leverage the power of
AI to not only translate estimated
demand for end products into estimated
demand for ingredients needed to
produce the end product, but they can
also be used to manage and co-ordinate
production cycles to produce them
across different departments.
Not only does this help with merchandising
your store but it can also give you
a window view on resource costs. For
example, how many people you need to
schedule to receive, pick, and
merchandise the store. For retailers
struggling to adequately staff their
stores, this technology is invaluable.
How do these tools help with the
current workforce, customer
needs, and market?
By leveraging available technology,
retailers can mobilize their workforce,
and use their space efficiently by
allocating the right personnel at the
1 .866.332.3055 * thinkfresh@invafresh.com * invafresh.com
right time with the right tools.
Technology that is easy to use and easy
to navigate, and designed with the
employee in mind is key. This enables
quicker training and helps grocers
retain employees because they are
equipped with the right tools to align
with their responsibilities.
Customers will see fresher products,
stocked shelves when they need them
to be, and a variety of available
products. Technology assists in
ensuring that production processes
are done in the most efficient way.
With solutions accessible from a
mobile device such as a tablet on the
store floor, there is no longer the need
to run back to the store desktop
computer in the office, or run between
departments, printing and sharing
messy paper sheets.
Conclusion
Fresh food inventory management is a
crucial aspect of the grocery industry,
and having the right information at the
right time is essential. Grocery store
owners need to have access to
real-time data on sales, inventory
levels, and customer behavior to make
informed decisions. They also need to
have accurate forecasting tools to
predict future demand and efficient
supply chain management to ensure
that they receive fresh products on
time. With effective inventory
management, grocery store owners
can reduce waste, improve profitability,
and ensure that customers always have
access to fresh and high-quality
products.
19
http://www.invafresh.com
Supermarket Perimeter - April 2023

Table of Contents for the Digital Edition of Supermarket Perimeter - April 2023
