Supermarket Perimeter - October 2020 - 61

TECHNOLOGY

the pandemic first reared its ugly
head. Businesses weren't sure
what was going to happen next
week, much less next month or
next year.
Without shorter forecasts,
the perishables that are sold
in supermarket perimeter
departments and other corners
of the food world were in serious
danger of expiring without better
forecasts that took COVID into
account.
"It changed the products
sold," Barrett said. "You couldn't
do much grab-and-go. The
prepared food inventory was all
pre-wrapped."
Jera already had plans in
the works to update aspects
of its forecasting software.
COVID accelerated that process,
allowing for the shorter windows
customers were in desperate
need of to navigate this
new world.
It will help customers not
only now but also in the future,
Barrett said.
"If any of this happens again,
people will be better prepared," he
said. "COVID did make us stronger,
it made the software better, it
forced us to take a deeper look at
forecasting engines."

INVATRON

Commissary-specific
solutions
Periscope, a fresh item
management system that
maintains and manages a
perpetual inventory for all sellable
and backroom products, also has
a Financial Inventory module for
the purposes of capturing fresh
inventories for periodic financial
reporting.
And the system's Recipe
Manager and Cutting Test
modules, which maintain
foundational transformation data,
helps commissaries, retailers and
other food industry professionals
maintain a perpetual inventory

of raw ingredients used in the
production of retail products,
Smirlies said.
Periscope's commissaryspecific capabilities help separate
it from the field, he added.
"Periscope can be
implemented within a
commissary that supplies grocery
stores and the inventory for
the commissary is managed
at a raw ingredient level for
replenishment and production
planning at the facility," he said.
"We're also seeing our customers
working to incorporate Periscope
into dark kitchens and micro
fulfillment centers to optimize
the replenishment needs of those
facilities as volumes through
those facilities grow."
Periscope has evolved
significantly over the years,
perhaps most markedly in its
tools for supporting financial
inventories, Smirlies said.
Invatron has found that,
especially with publicly traded
retailers, financial counts have
to be proven to have been
performed in a secure and
accurate way to stand up to
any audit.
Periscope also has evolved
in the direction of improving
cycle count targeting algorithms
that minimize the operator's
efforts and maximize their use
of limited time to performs these
spot checks.
The system has also adapted to
make the requisite product
enhancements to support all
modes of production, and
Smirlies said product distribution
has been a pillar of our product
roadmap.
One core differentiator for
Invatron and the Periscope
system, Smirlies said, has been
the management of a perpetual
inventory for raw ingredients
used in products produced within
the store.

Retailers have to
order properly to optimize
in-stock positions and
shrink levels, produce
in store goods, such
as salads, sandwiches,
bread and cut meat,
in a timely and labor
efficient manner so that
you maintain adequate
profit margins. This can
only be achieved by using
technology and best
practices - which store
associates like and use as
it allows them to do their
jobs better and faster."
Aneta Ranstoller, Invatron
"This is difficult since there
is no traditional clear record of
inventory usage when product is
transformed from raw ingredients
into finished products," he said.
"We're able to accomplish this by
understanding the transformation
logic in the form of cutting tests,
recipes or even direct-to-retail
relationships."
That ability is enhanced by
the fact that much of the usage
needs to be determined at the
point-of-scale (production)
and not the traditional pointof-sale, Smirlies added. And

supermarketperimeter.com

SP_Oct20.indb 61

since Invatron has a scale
management solution, the
company is more than equipped
to provide it.
Aneta Ranstoller, Invatron's
vice president of marketing, said
Invatron works directly with
food retailers to understand
the challenges of managing a
fresh operation to pioneer the
industry's digital transformation.
"The challenge many retailers
and supply chains face are
delivering on the ever-changing
needs and wants of consumers at
the right time, so that consumers
OCTOBER 2020 - 61

9/25/2020 9:15:39 AM


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Supermarket Perimeter - October 2020

Table of Contents for the Digital Edition of Supermarket Perimeter - October 2020

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