It’s Time to Rethink Availability vs. Waste in Your Grocery Supply Chain

Description:

For fresh products, it is essential to get the demand forecasts right. Specifically, grocers must get them right on the day-level to capture demand variation throughout the week; for example, sales for a product may be high on a Saturday, but much lower on a Monday. In some cases, it may even be necessary to forecast within-day demand to support multiple replenishments per day.