Relex Solutions is out with a new survey, “Growing and Sustaining Competitive Advantage in Grocery Retail,” which reaches the following conclusions:
• “71% of grocers believe that omni-channel is now essential.”
• “82% cite fresh products as Very Important to their businesses.”
• “Average spoilage is costing grocers around $70M going up to several hundred million per year.”
• “Day-level forecasting and forecast-driven automatic replenishment can significantly reduce spoilage.”
• “Only 2% of grocers feel helpless because of Amazon’s massive resources.”
• “71% of grocers believe that omni-channel is now essential.”
• “82% cite fresh products as Very Important to their businesses.”
• “Average spoilage is costing grocers around $70M going up to several hundred million per year.”
• “Day-level forecasting and forecast-driven automatic replenishment can significantly reduce spoilage.”
• “Only 2% of grocers feel helpless because of Amazon’s massive resources.”
- KC's View:
- Only 71 percent of retailers think that omni-channel is essential? And only 2 percent feel threatened by Amazon?
Yikes.
