Flow-of-Goods Analytics 

Suppliers constantly struggle with the challenge of having the right amount of stock to meet retail demand. Overstock means having unsold products, leading to revenue loss through markdown or scrap. Understock means potentially losing shoppers to a competitor. The gold standard in the grocery retail industry is to achieve more than 98% availability of goods and less than 2% waste.

Flow-of-Goods analytics can help suppliers reach this goal, examining every phase of a product through the supply chain, ensuring that the right product is in the right place at the right time. Companies that implement Flow-of-Goods analytics can optimise the availability of their stock and maximise sales.

Using Snowflake Cloud Data Platform, SKUtrak helps fast-moving consumer goods (FMCG) suppliers and retailers make data-driven decisions. This eBook will explore five ways Flow-of-Goods analytics can benefit grocery suppliers.