While high out-of-stock rates continue to plague retailers, some are reducing their stockout rates through the use of technology and collaboration. Out-of-stocks in certain categories can jump to as high as 17% during promotions, costing retailers about $75,000 annually per store, according to the most recent data from the Grocery Manufacturers Association. The GMA reported an average stockout rate of 7.7% in 2002, with direct-store-delivery categories ranging from 3.2% for milk to 11.2% ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.