ADC is pleased to announce that Mark Molter, ADC’s Director of Sales, Americas, will be presenting a “Fresh Bites” presentation in the Fresh and Prepared Pavilion at FMI Connect in Chicago, Illinois.
Mark’s presentation, “Optimizing Fresh Food Retailing with Technology”, outlines the most common challenges fresh food retailers face, including compliance with food safety regulations, such as FDA’s Menu Labeling Regulation and Grind Logs, as well as how to overcome these challenges through the use of fresh item management software, including ADC’s InterStore.
FMI Connect runs from June 9 through June 11 at McCormick Place in Chicago, Illinois. FMI Connect is the annual event where retailers of all kinds, wholesalers, merchandisers, operations, CIOs and CTOs go for ideas, products, partnerships and professional development. Attendees can also visit ADC in their Booth, #2604.
To learn more about FMI Connect, please visit www.FMIConnect.net.
The Food Marketing Institute (FMI) recently released the “Food Retailing Financial and Business Review 2012-2013,” which includes a detailed overview and analysis of shrink in food retailing.
The study found that the average total store shrink (as a percentage of sales, excluding gasoline and pharmacy sales) was 2.9% among all respondents and 3.4 percent among companies operating 51 or more stores. The highest levels of shrink were measured in the fresh food departments — deli/prepared foods (9.7%), bakery (6.9%), meat (5.5%) and produce (4.4%).*
Study respondents provided a list of tools and processes they have found to be most effective in managing shrink. Improved tracking, analysis and reporting was the first and foremost way, with several retailers calling out improved perishable management in particular.
Responses included, “Fresh-item management systems that produce accurate costs for prepared items,” “data analysis down to the item level” and direct mentioning of our P-Cubed Production Manager Software System.
Specifically, our P-Cubed Shrink Manager module identifies shrink factors, assisting management with reducing perishable food wastage and helping to reduce shrink in fresh food categories. The P-Cubed Shrink Manager also reduces the amount of labor required to capture and report shrink by using hand-held wireless barcode scanners.
“Many of our clients are reporting significant reductions in shrink, without negatively impacting sales, by using our P-Cubed Shrink Manager,” said Steve Loveridge, CEO at ADC. “By tracking and understanding where perishable shrink is occurring, grocery chains have a great opportunity to improve the bottom line in their fresh food departments.”
The P-Cubed Shrink Manager is a module within P-Cubed, a system within ADC's InterStore Fresh Item Management (FIM) software suite. The other two systems within InterStore are the InterScale Scales Manager and the NutriGen Recipe Manager. InterStore provides grocers with an integrated software solution to help increase efficiencies in fresh food departments.
*“Food Retailing Financial and Business Review 2012-2013” published by the Food Marketing Institute - http://fmi.org/forms/store/ProductFormPublic/search?action=1&Product_productNumber=3113
We're excited to announce two speakers for the 2013 ReFresh conference - Erik Lieberman of the Food Marketing Institute (FMI) and Sarah Schmansky of the Nielsen Perishables Group.
This year’s ReFresh is at the Sheraton Sand Key Resort in Clearwater Beach, Florida from October 7th-10th. ReFresh is an educational conference for grocery chains and food service retailers who are looking to share and learn about FIM software solutions and technology. To learn more about ReFresh 2013 or to register, click here.
Erik Lieberman is the Regulatory Counsel at the Food Marketing Institute and represents the food retailing and wholesaling industries before federal agencies ranging from the Food and Drug Administration and the U.S. Department of Agriculture, to the Department of Labor and Department of Justice. Erik’s presentation on October 8th will focus on current and impending legislation affecting the food retailing industry, including updates on the Menu Labeling legislation.
Sarah Schmansky is the Director of Retail Programs at the Nielsen Perishables Group. Sarah is responsible for building strategic partnerships with leading national and regional supermarket retailers. Prior to joining the Nielsen Perishables Group, Sarah was in store-level and operational management with The Kroger Company. During Sarah’s presentation on October 9th, she will discuss key trends in performance across all fresh food departments, including consumer behavior.
“Having industry updates and presentations on the ReFresh agenda is a key component each year,” said Robert Appell, ADC’s Chief Operating Officer. “It’s very important that we provide attendees with information that they can use to improve their fresh food operations, as well as share with colleagues after the conference.”
Only 46 days until the 2012 FMI Show in Dallas, Texas - will you be there? ADC will be in booth #5804 and we hope you stop by to see a demo of InterStore.Net. Be sure to ask us how one of our clients is reporting an average 35% shrink reduction in their bakery and deli departments! If you want more information on what you can expect from ADC at the show, please click here.
Want more information? Click here to contact ADC today.
ADC is pleased to announce that Mark Molter, ADC’s Director of Sales, Americas, will be presenting a “Fresh Bites” presentation in the Fresh and Prepared Pavilion at FMI Connect in Chicago, Illinois.
