Krunchbox’s Post

Whether a physical or virtual "shelf", proper replenishment is key for many factors (shopper "stickiness", increased sales, brand loyalty). Retail Velocity drives ROI for real-world problems in CPG and Retail.

The latest #AdvantageOutlook Report validates what we've been seeing in the retail sector — a dynamic shift as value-conscious consumers continue to dominate the market. In response, both CPG companies and #retailers are leveraging deeper promotions and strategic displays to meet these demands. For retailers, the message is clear: adapt or fall behind. Our teammates at Advantage Solutions are constantly analyzing market trends, providing actionable insights, and helping our clients adapt swiftly to consumer needs. Huge shoutout to Jill Blanchard and her team who have once again beautifully illuminated the latest #retail and #CPG #manufacturing trends. Check out the full report here: https://lnkd.in/eNRMthp9 #Innovation #Survey #RetailMarketing

If you aim to stay ahead in the fast-paced world of retail, knowing which trends will last is essential. Here are five critical metrics you can leverage to identify a winning trend: 1️⃣ In-stock products across the market 2️⃣ Sell out data and time to first sell out 3️⃣ Heavily replenished products across the market 4️⃣ Products that have increased newness 5️⃣ Discounted products across the market With retail technology, you can track it all. Find out how here: https://hubs.la/Q02KN-cS0 #RetailTech #FutureOfRetail #TrendIdentification

Retail leaders, stay ahead of the game by keeping a pulse on 3 key industry trends and 9 critical statistics shaping the landscape in 2024. Stay informed, stay competitive. #RetailTrends #2024Outlook

Unleash the power of consumer Behavior in grocery demand forecasting. Discover how understanding your customers can transform your retail success. Read more in our blog. https://hubs.la/Q02bcSCg0 #groceryindustry #demandforecasting

Even in good times with stable conditions, a carefully planned #RetailPromotion strategy is essential for products that have short or seasonal life cycles. But how should #retailers plan their buying and promotion strategies when they see mixed or unclear signals from both the supply and demand side? Learn more about the effective #PricingStrategies retailers can use amidst uncertain times in the latest edition of the Game Changer Newsletter, authored by Jean-Manuel Izaret (JMI), Arnab Sinha, and special guest Jacqueline Martinez: https://on.bcg.com/4bAyrpX

Retail leaders, stay ahead of the game by keeping a pulse on 3 key industry trends and 9 critical statistics shaping the landscape in 2024. Stay informed, stay competitive. #RetailTrends #2024Outlook

🛒 2024's retail landscape is unfolding. Are you on track with the latest consumer trends? 💡 Unveiling insights from our latest global study with Roland Berger, we decode what lies ahead for retailers. Swipe through for a sneak peek at the key findings. Ready for the full picture? Dive into the complete report for the insights you need to stay ahead. 👉 https://bit.ly/4bjP9Kb #RetailTrends #ConsumerInsights #MarketResearch

Avoiding overstocking and understocking hinges on precise retail sales analysis and demand forecasting - critical components for maintaining profitable inventory balance. Firstly, leveraging advanced analytics tools enable suppliers and retailers to dissect historical sales and inventory data, identifying patterns and trends that inform/predict future demand. This analysis includes seasonality, market shifts, and promotional impacts, providing a holistic view of consumer behaviour. Integrating these insights with real-time data allows for the adjustment of forecasts based on current market dynamics, making demand forecasting more accurate. For example, sudden changes in consumer preferences or unexpected events can be quickly incorporated into demand predictions, ensuring inventory levels remain aligned with actual demand. Moreover, adopting a just-in-time inventory management approach, supported by reliable supplier relationships, ensures that retailers can respond flexibly to demand fluctuations without risking overstock or stockouts. Regularly reviewing and adjusting forecasts, in collaboration with suppliers, ensures that inventory management strategies remain robust and responsive. 👉 Find out HOW by clicking on the link in the Comments below. #dnavtoolkit #bdnav #retailpartner

Reflecting on the challenges that most retailers faced in 2023, including high inflation and weak consumer confidence, it's evident that technological advancements provided significant benefits that outweighed these issues. Looking ahead to 2024, continued technological progress promises to reduce costs, boost productivity, and enhance customer experiences, giving retailers renewed confidence. Additionally, signs of global economic recovery are presenting new opportunities for growth and expansion. With this positive outlook for the future, retailers are poised to capitalize on these trends and thrive in the years to come. #Retail #Technology #Innovation #Sustainability