While it may initially be a stopgap to fulfill a specific or in-the-moment need, this approach can become a rudimentary, digital way of finding inventory across thousands of vendors. Managers can get the expertise, resources and tools they need to weigh their options with greater visibility, focus, agility and intelligence – all in one place.
The more (right) products on the shelves, the more that will sell
Although this is an unprecedented time, the COVID-19 crisis is certainly shedding new light on grocery supply chains. Supermarkets are trying to decipher consumer demand to handle not only today's business, but also tomorrow's, next week's and possibly next month's. They can't afford to miss a dollar in sales just because they don't have the right product in stock.
Let's face it: The more products on the shelves, the more that will sell. By replacing the element of surprise with an intelligent, connected and rational approach to inventory management, grocery stores can know what's happening today as well as how demand will shift and increase the following week.