Grocery stores have expanded in scope, size and product lines from their predecessors to become a one stop shopping experience. From nationwide supermarkets to small mom & pop markets, grocers can carry inventory from the basic staples of milk and bread to diverse and high end lines of health and beauty aids, pharmaceuticals, stationery, liquor and even electronics. However, unlike traditional retailers, grocers are unique thanks to their high items per transaction count, often narrow profit margins, and the time sensitive nature of the merchandise they sell.
Due to these challenges, it is important to keep a close eye on operational metrics like inventory and labor as well as loss prevention concerns such as employee fraud, as even small amounts of waste or theft can have a large impact on profits.
It is essential to use the data generated in your stores to stay on top of these issues, but manually analyzing this data due to outdated or a lack of the proper technology becomes a time consuming process. You need a tool that can do the dirty work so that you are presented with meaningful data without needing to do manually analysis.
Our grocery analytics software allows grocers to properly analyze their data to identify shrink or operational enhancement opportunities. When an anomaly is identified, it is brought to your attentions so you can save time searching and spend more time positively impacting the bottom line.