Most demanded products generate up to 80% of the retail chain’s revenue. These products must always be present on shelves. Even one hour of product’s absence from the shelf leads to lost sales. Systematic Out-of-stock distorts sales statistics and leads to more errors in orders.… Read More »Benefits of AI based automated ordering
In the process of introducing new products into the range category managers have to consider how much of a new product should be ordered to have it all sold before the replenishment. Most retailers are trying to calculate the demand in Excel. ASTOR clients employ… Read More »How to correctly forecast demand for new products?
SPAR is one of the largest supermarket chains in the world with 13,700 stores, serving 9 million customers daily. Commodity circulation exceeds 27 billion euro. SPAR unites independent wholesalers and retailers under one name and works in 35 countries worldwide. SPAR Tula has 50 own… Read More »Supply chains automatization in SPAR Tula