"Solving Out-of-Stocks: Are We There Yet?"
Apparently not!
"Industry estimates indicate that most consumer packaged goods (CPG) manufacturers lose between 8 - 10% of revenue per year due to out-of-stocks." - Craig Silverman, VP Product Management, Information Resources, Inc.
Whilst this info is being used to sell a conference, it is still interesting to note that they are talking about CPG. CPG is normally defined as "consumable goods such as food and beverages, footwear and apparel, tobacco, and cleaning products". Note that we are including food here.
Whilst my local supermarket is pretty bad at keeping the shelves full, I would expect to see a still greater loss outside FMCG - in apparel for instance.
Scary stuff that underlines the need for streamlined and efficient merchandise planning processes!
"Industry estimates indicate that most consumer packaged goods (CPG) manufacturers lose between 8 - 10% of revenue per year due to out-of-stocks." - Craig Silverman, VP Product Management, Information Resources, Inc.
Whilst this info is being used to sell a conference, it is still interesting to note that they are talking about CPG. CPG is normally defined as "consumable goods such as food and beverages, footwear and apparel, tobacco, and cleaning products". Note that we are including food here.
Whilst my local supermarket is pretty bad at keeping the shelves full, I would expect to see a still greater loss outside FMCG - in apparel for instance.
Scary stuff that underlines the need for streamlined and efficient merchandise planning processes!
posted by John Hobson at 12:03 am
0 Comments:
Post a Comment
<< Home