How Grocers Are Reducing Out-Of-Stocks and Minimizing Food Waste
Supply chain challenges have grocers of all sizes reevaluating forecasting with the twin imperatives of slashing out-of-stocks and reducing food waste. Being out of stock costs chains billions in lost revenue and negatively impacts customer experience and loyalty. Meanwhile, perishables account for 32.6% of the 10.5 million “surplus” tons grocers generate each year. What can …