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 – compared to what they know about the physical shelf. […]
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, marketing, promotion, and customer experience. At Itasca Retail, we’ve been delivering on the […]
THE RIGHT TECHNOLOGY gives grocers a better handle on out-of-stocks at the store level. At Itasca Retail, we’ve been proving that for more than a decade in more than 1,300 supermarkets across North America. Current industry dialog on On-Shelf Availability has focused greater attention on best practices around store-level inventory visibility. In Progressive Grocer magazine’s […]
COMING JUNE 20-23: When mission-critical, legacy software for inventory control are no longer supported – like DSD receiving and other in-store applications – your business is exposed to unacceptable risks. Preemptive action can turn this liability into a profitable advantage when you upgrade to Itasca Magic™. The consequences of poor performance are well-known: out-of-stocks, excess […]
A RECENT ARTICLE in the Wall Street Journal, “Target Expands Inventories to Repair Stock-Outs,” once again highlights the dilemma facing the nation’s largest retailers when it comes to getting stock levels right. The article quotes Target COO John Mulligan, who said the retailer had upped inventory levels by as much as 50% on some high-demand […]
BULLETIN: NEW BOOTH 1561 JOIN US once again at the 2015 FMI Connect, June 8-11 at Chicago’s McCormick Place. We’ll be in Booth #1256 and ready to provide a detailed look into how the nation’s most successful supermarket retailers are achieving lower out-of-stocks, superior turns and decreased store inventory investments with Itasca Magic™. Mark your […]
THIS WEEK, a Bloomberg news headline covering Walmart’s quarterly earnings declared, “Walmart struggles to restock store shelves as U.S. sales slump.” The story reported that Bill Simon, executive vice president and chief executive officer for the U.S. for Walmart Stores Inc., had appointed an EVP specifically to address the restocking problem. The topic was addressed […]