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Retail Robots do Little to Address the Root Cause of the Multibillion-dollar Out-of-stock Problem

Retailers are making big bets on technology to identify out-of-stocks in stores, including store personnel-operated hand-held devic...

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Symbol for reducing a risk. Cubes form the word "RISK" while a hand turns a cube and changes the word "high" to low" (or vice versa).

Vet Prospective Vendors to Avoid Risk

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...

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Surviving in Retail, During Crisis & Beyond

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...

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Park City Group is Helping Retailers Reduce Out-of-Stocks, Manage Risk and Increase Sales with the ReposiTrak Technology Platform

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 ...

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Dealing With Distractions of DSD | Direct-store delivery can aid variety and service—but looking after it is a task. 

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 ...

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Will local products save supers – or kill them?

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...

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Direct Store Delivery Is A Deal With The Devil

“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 ...

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Growing demand for local products leads to out-of-stocks

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...

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Growing Demand for Local Products Impacts Inventory for Suppliers

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...

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Taking Stock of Inventory Automation

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...

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