Ana
Head of Business Development · LEAFIO
Webinar
Key takeaways
- 14:51Fresh products can account for up to 60 percent of a retailer’s turnover even when the category contains fewer SKUs than other categories.
- 19:11Deliveries, write-offs and supplier returns should ideally be recorded in the ERP system on the same day, or no later than the following day.
- 24:26Projected stock should account for residual shelf life and use a LIFO assumption that customers select the freshest goods first.
- 27:46Fresh replenishment should reflect each product-location pair’s weekly demand pattern and the precise delivery slot, including the time of day.
- 35:40Retailers should monitor write-offs and identify cases where minimum order quantities exceed expected shelf-life sales or delivery lead times exceed residual shelf life.
In Ana's words
“Bad input, bad output. Multiply that by ten, and you get the impact of data quality on the quality of inventory management of the fresh category.”
TOP-5 specifics of Fresh category Inventory Management in grocery retail40:00