Regional Grocer Taps Park City Group to Cut Out-Of-Stocks 25% in Frozen Pizza and Ice Cream
Park City Group (NASDAQ:PCYG) , a cloud-based software company that uses big data management to help retailers and their suppliers sell more, stock less and see everything, reports that a regional grocer was able to reduce out-of-stocks on top selling items in frozen pizza and ice cream by 25% when comparing results vs. a year ago by using the company’s Visibility & Analytics and Scan-based Trading solutions. The items are supplied by a large national frozen foods distributor.
The grocer leveraged PCG’s Visibility & Analytics to evaluate sell-through of top selling pizza and ice cream items when on promotion to identify out-of-stocks. Scan-based Trading helped to provide on-hand inventories when combined with delivery information. Leveraging these two solutions, PCG was able to provide the grocer with the information needed to collaborate with the distributor on changes in both delivery frequency and quantity delivered, which enabled higher product turns and increased sales.
“We are pleased to see the impact on out-of-stocks achieved for this grocer by aligning consumer demand with supply,” said Randall K. Fields, CEO of Park City Group. “Sharing visibility to shelf performance between retailer and supplier not only achieves sales growth, it also increases shopper satisfaction by ensuring product is on the shelf when the shopper expects it.”
About Park City Group
Park City Group (NASDAQ:PCYG) is a Software-as-a-Service (“SaaS”) provider that brings unique visibility to the consumer goods supply chain, delivering actionable information that ensures product is on the shelf when the consumer expects it to be. Park City Group’s services enable customers to “Sell More, Stock Less, and See Everything.” More information is available at www.parkcitygroup.com.
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