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Dynamic Solution Helps Eliminate Overstocks

Background

Retailers can increase profits by as much as four percent when the loss on perishables is reduced by 25 percent. In grocery stores, for example, perishables are 50 to 65 percent of total sales, yet an average of six percent of perishable sales are lost due to a combination of price discounts to meet the sell-by date, waste due to unsold, expired product, and cost to dispose of waste.

Solution

This Toshiba solution applies real-time monitoring of item-level sell-through rates for individual perishable items in order to calculate how much inventory is needed for a given store each day and make dynamic price adjustments that eliminate overstocks and rebalance supply to demand. For businesses that carry perishable items, price cuts, promotions, and other selling techniques can prevent a potential three percent loss to the bottom line.

Benefits

  • Reduce losses on perishables by taking proactive measures 
  • Minimize out-of-stocks responsible for lost sales
  • Optimize in-store promotions by cross-selling full-priced products

 

Real-Time Digital Merchandising: In-depth

Turn perishable losses into profit while raising brand awareness

Toshiba’s real-time digital merchandising solution analyzes grocery store data to identify buying patterns and gauge product performance, optimizing return-on-inventory investments and reducing inventory distortion and perishable losses.

Read the brief ›

Read the blueprint ›

In the case of grocery stores, this technology can recover 25 percent or more of the six percent of total sales lost, on average, from perishable sales and perishable waste. With the dynamic store merchandising (DSM) solution from Toshiba, reducing loss and turning it into profit is actually happening. This software runs on Intel® processors, which deliver the computing performance and graphics capabilities needed to power this highly analytical, multi-faceted solution.

The solution utilizes a retailer’s existing intelligence on customers, their buying patterns, and product performance to optimize the return-on-inventory investment across all product categories. The results are increased sales, maximized margins, reduced inventory distortion, and the elimination of losses arising from perishable waste and shrinkage.

Read the full Intelligent Dynamic Store Merchandising Solution Reduces Losses Solution Brief/Blueprint

In the case of grocery stores, this technology can recover 25 percent or more of the six percent of total sales lost, on average, from perishable sales and perishable waste. With the dynamic store merchandising (DSM) solution from Toshiba, reducing loss and turning it into profit is actually happening. This software runs on Intel® processors, which deliver the computing performance and graphics capabilities needed to power this highly analytical, multi-faceted solution.

The solution utilizes a retailer’s existing intelligence on customers, their buying patterns, and product performance to optimize the return-on-inventory investment across all product categories. The results are increased sales, maximized margins, reduced inventory distortion, and the elimination of losses arising from perishable waste and shrinkage.

Read the full Intelligent Dynamic Store Merchandising Solution Reduces Losses Solution Brief/Blueprint

Technology What It Is
Toshiba dynamic store merchandising (DSM) solution Same-store analytics to identify perishable loss exposure and countermeasures to drive higher profits
Toshiba SurePOS* 700 Series POS terminal powered by an Intel® processor
Intel® Audience Impression Metrics Suite (Intel® AIM Suite) Powerful anonymous viewer analytics (AVA) data collection and audience measurement tools
McAfee® security software Multiple layers of protection against data loss and unauthorized access

Tutorials and Demos