The Recipe to Combat Inflation: Fresh Intelligent Forecasting

Sponsored by Invafresh

While grocers have traditionally done well during periods of food inflation, it is a different battle this time. Continuing supply chain issues and labor shortages are heightening the obstacles of soaring costs and contributing to significant increases to empty or smaller baskets per trip.

To navigate through this perfect storm of challenges in Fresh and improve profit margins while building consumer trust, grocery retailers must leverage the power of Fresh-centric technology that integrates all data points of fresh operations into meaningful and clear insights for a proactive approach to inflation and the changing dynamics of consumer behaviors.

At Invafresh, we have spent over 30 years working with global grocery retailers such as Price Chopper, Giant Eagle, Walmart, and Albertson’s to name a few, to build our industry leading Fresh Retail Platform (FRP). Our team of Freshologists^TM have helped global grocers through multiple inflationary periods. Our Fresh-centric platform is the industry standard for fresh food retail operations and, at its core, is built to intelligently forecast consumer buying changes during unexpected events, such as inflation.

In this white paper, we share our tried and tested, exclusive best practices and actionable steps to minimize the impact of rising commodity prices to protect margins in your fresh operations, including how to:

“Combining expanded Invafresh ordering capabilities along with other initiatives across the organization, we saw significant growth in sales on items in meat, seafood, and the produce departments. We also experienced notable reductions in Known Loss % to Sold.” - Giant Eagle

Want to be Best in Fresh? Download the white paper and discover how!