Contributed by ReposiTrak Senior Vice President, Customer Success, Derek Hannum Retailers are making big bets on technology to identify out-of-stocks in stores, including store personnel-operated hand-held devic...
Contributed by Joe E. Meherg, SVP/Sales Partner, ReposiTrak The constant four-letter-word for retailers is RISK. Avoiding it. Managing it. Eliminating it. In today’s litigious business climate, it is not enough...
Contributed by ReposiTrak Senior Vice President, Customer Success, Derek Hannum Whether you own a grocery store or shop at one, you already know the COVID-19 crisis has had a massive impact on the consumer produ...
Interview conducted by: Lynn Fosse, Senior Editor, CEOCFO Magazine, Published – October 7, 2019 Mr. Fields, what is the focus at Park City Group, today? Mr Fields: Our primary mission is to help retailers and their suppliers do a better job for ...
Despite some high-profile supplier departures and a belief among at least some in the industry that stores might be better served dealing with fewer suppliers, consumer shopping trends portend a continued increase in direct-store delivery as a means ...
Consumers have made it clear that they are looking for more local and specialty products in their neighborhood supermarkets. This is the most recent, and perhaps most pronounced, phase in the evolution of consumer tastes and preferences, a trend that...
“When retailers allow a supplier to do direct store deliveries to their stores, they have made a deal with the Devil.” So says Randy Fields, the CEO of the Park City Group, and the former Chairman of Mrs. Fields Cookies. As a former retail executive ...
Inventories have ballooned nearly three-fold over the last two decades as localization has been embraced to protect market share and profitability. Yet, localization just might hasten the death of certain banners unless steps are taken to control the...
Consumers have made it clear that they are looking for more local and specialty products in their supermarkets. This is the most recent – and perhaps most pronounced – phase in the evolution of consumer tastes and preferences. It is a trend that star...
Properly integrated, the right warehouse and inventory management systems can help drive down out-of-stocks. The average supermarket has tens of thousands of SKUs. But shoppers are most likely to remember the ones that aren’t there. Out-of-stoc...
