The most recent report penned by landmark researchers Thomas Gruen and Daniel Corsten furthered their deep understanding of the OOS problem in grocery retail. In this case, they've highlighted what might be looked at as the proverbial light at the end of the tunnel…one that's actually a train. … [Read more...] about GMA Gruen and Corsten Study – An eCommerce Wake Up Call
Progressive Grocer – Things Grocers Can Do To Make Ecommerce Mainstream
In case you missed this in this weeks' Progressive Grocer newsletter: https://progressivegrocer.com/7-things-grocers-can-do-make-ecommerce-mainstream Retail grocers have opportunity (and a bit of work to do) for shoppers to embrace them in the online world, according to this article from Randy … [Read more...] about Progressive Grocer – Things Grocers Can Do To Make Ecommerce Mainstream
Never Pay For Inventory Again
Before you read further, let this huge nugget sink in. It's NEGATIVE BOOK VALUE of INVENTORY we are talking about. In other, even more impactful words, elimination of inventory on your balance sheet. How much additional profitability could that add to your bottom-line? What else could you do … [Read more...] about Never Pay For Inventory Again
Itasca: Enriching the eCommerce Experience
Recognition of the need for understanding inventory levels in a grocer’s supply chain, and especially on-line when an order is being placed, has rapidly become the hot topic-of-the-day. And for good reason…it’s vitally important to retailers’ success in a world where they are relative newcomers – … [Read more...] about Itasca: Enriching the eCommerce Experience
Delivering on the Promise
THE BLOCKBUSTER announcement in Summer of 2017 from Amazon.com and Whole Foods Market has analysts and the business media buzzing about a potential new era in online grocery ordering. Amid the hype, it seems to us at that an important fundamental point about On-Shelf Availability is being … [Read more...] about Delivering on the Promise
Itasca Retail in Inc. 5000
ON AUGUST 17 the publishers of Inc. magazine named Itasca Retail to its "35th Annual Inc. 5000" list for 2016. Itasca Retail qualified for this honor by posting a cumulative three-year sales growth of 295%, which puts us at a rank of #1315 overall. Take a look at our profile on the Inc. 5000 … [Read more...] about Itasca Retail in Inc. 5000
Never Pay for Inventory Again
Sound like nonsense to you? What if someone showed you a supermarket chain who routinely reports a negative book value on its store inventories? We can. Using Itasca Magic™ they sell through before the invoices are due, freeing up millions in working capital for expansion, … [Read more...] about Never Pay for Inventory Again
Five Keys to No-Compromise Inventory Optimization
WHEN IT COMES to inventory accuracy, compromise should by now be a thing of the past. It's time for supermarket operators to put an end to: Low out-of-stocks at a cost of excessive inventory levels on the shelf and in the backroom. High turns that beget excess labor costs for restocking. DSD … [Read more...] about Five Keys to No-Compromise Inventory Optimization