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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 …

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How COVID-19 is Testing and Strengthening Food Industry Supply Chains

COVID-19’s full effects will be studied in business-school curricula for years to come. The immediate impacts on food industry trade dynamics — from farmer to processor to consumer — have ranged widely. While the pandemic’s direct impact has been detrimental to the food industry, the companies that survive may find their travails a sort of …

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