Press release
Practical Importance of Digitisation for Supermarket Businesses - YRC
Practical Importance of Digitisation for Supermarket Businesses - YRC
In this communiquรฉ, supermarket consulting experts of retail and eCommerce consulting firm - YRC (Your Retail Coach) break down the importance of digitisation for every small and big supermarket business in three simple points.
๐๐ป๐๐ฒ๐ป๐๐ผ๐ฟ๐ ๐ ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ - ๐ ๐ฎ๐ธ๐ถ๐ป๐ด ๐ถ๐ ๐บ๐ผ๐ฟ๐ฒ ๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐ฒ๐ฎ๐๐ถ๐ฒ๐ฟ
In supermarkets where inventory management is predominantly manual, employees have to physically visit and assess every shelf, freeze, freezer, and rack to record the inventory levels. Then it must be repeated for measuring stock in the storage rooms as well. Even in a small supermarket, this can turn out to be a time-consuming task because of the wide array of products/SKUs that can fit into a small space. With the digitisation of inventory records and the use of inventory management software, keeping track of inventory levels on shelves and in storage can be done from one place i.e. one digital interface. This also makes the process of placing reorders significantly easier.
Get advise for Retail Business Consulting : https://www.yourretailcoach.in/contact/
๐๐ฒ๐ป๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐๐๐๐ถ๐ป๐ฒ๐๐ ๐๐ฎ๐๐ฎ ๐ณ๐ผ๐ฟ ๐๐ป๐ฎ๐น๐๐๐ถ๐ฐ๐
Digitisation leads to the generation of internal business data. This data serves as inputs for data analytics in numerous areas of business like analysis of product performance, demand prediction, understanding consumer behaviour, formulation of personalisation strategies, making purchase and replenishment decisions, and price adjustments. For example, analytics could make it easier to uncover which products/SKUs are responding better to price adjustments. This helps supermarket stores get closer to the optimum price range of products.
๐ฆ๐๐ฒ๐ฝ๐ฝ๐ถ๐ป๐ด ๐ฆ๐๐ผ๐ป๐ฒ ๐๐ผ ๐๐๐๐ผ๐บ๐ฎ๐๐ถ๐ผ๐ป
Veteran supermarket consultants across the world often echo the need for businesses to go digital and this digitisation is a stepping stone to embrace automation. Accomplishing automation becomes easier for supermarket businesses when their operations are aided by digital systems. This is because ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐ ๐ฎ๐๐๐ผ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐ ( https://www.yourretailcoach.in/business-process-automation/ ) run and rely on digital data. For example, if a supermarket auto replenishment solution has to be implemented, it needs to be connected and integrated with a digital database that contains the necessary information. Another important requirement for supermarket automation is having a robust ๐ฆ๐ข๐ฃ-๐ฏ๐ฎ๐๐ฒ๐ฑ ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐ ( https://www.yourretailcoach.in/standard-operating-procedures-consulting/ ) framework. Being in the field of ๐๐๐ฝ๐ฒ๐ฟ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฐ๐ผ๐ป๐๐๐น๐๐ถ๐ป๐ด ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ ( https://www.yourretailcoach.in/industries/retail-grocery-supermarket-kirana-consultants/ ) for more than a decade, YRC maintains that SOP adoption is critical for embracing digitisation and automation.
YourRetailCoach
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