GROCERY INNOVATION // week 2

Reviewing trends, tips and technology to optimize planning. This series is for retailers who desire to align their inventory, reduce waste and gain consumer insight, applying new strategies and technology is the answer. Merchants who can fulfill customer needs at a local and personal level will quickly become profitable and gain a competitive advantage.

This series will be published Thursday’s and will review trends, tips and technology to optimize grocery planning. To sign up for series updates CLICK HERE»

Grocery Innovation 2: Integrating perishable and non-perishable supply chain systems

Historically, perishable and non-perishable categories have used two disparate systems with supply chain reporting, management and execution solutions governed by completely different business rules and calculations. This disparity causes hours upon hours of manual intervention to create integrated strategic reporting – and in most cases does not compare KPIs like to like.

These systems cause questions to arise in planning and management. Which category comes first? What doesn’t fit? What is handled separately? All are questions that grocery I.T managers ask across the globe on a daily basis.

5 reasons/benefits to combine Perishable and Non-perishable supply chain systems:

1. One replenishment engine for ALL departments will:
   • Reduce redundant hardware, software and system support
   • Simultaneously apply software upgrades across the enterprise
2. Consistent replenishment reporting across ALL departments (Grocery, Meat, Produce, Bakery, Deli, GM, HBC, etc) allows for:
   • Systematically created consolidation reports
   • Data aggregation flexibility across organization hierarchy
3. Consolidated IT development and support teams can create:
   • Consistent solution development across the organization
   • A unified technology platform for enterprise supply chains
4. Cross departmental resource sharing (buyers, merchandisers, analysts, etc) allows for:
   • Departmental sharing of resources
   • Expanded career opportunities for key personnel
5. Consolidated education platforms will:
   • Reduce custom education across departments
   • Have common terminology within education materials
   • Reduce ramp up for new personnel

Retail I.T. budgets are shrinking, forcing grocers to find a way to stretch their dollars even further than before. Consolidated systems will optimize their dollars while providing the best solutions for their user communities.

Learn more

Follow this series to learn more innovative practices for grocery.

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Get back in the game

Are you ready to know exactly what your customers are asking for at every location and to have the ability to react as their wants change? If you are looking for a solution that can drive momentum for your business this year, check out the solutions offered by Quantum Retail.

Our customers see valuable results in 8 to 12 weeks and our implementation approach gives your team access to the system from early on, so you can manage changes to your processes with ease. Quantum Retail continues to help all of its clients drive positive business value more rapidly than anything seen in retail.

Get resources on how to adapt to today’s retail market HERE»

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