Supermarket Perimeter - February 2025 - 68

Technology
INVENTORY
MANAGEMENT
By Andy Nelson
HIGH-TECH INVENTORY MANAGEMENT TOOLS can help retailers
eliminate waste while ensuring that customers are always buying the
freshest products possible.
Working with retail partners on inventory management and other
solutions related to food waste always has to start with the front-line
workers, said Lauren Kennedy, vice president of customer success
at Upshop.
" It's a hard job. Beyond designing software, we have to think about
how to help elevate the experience for customers and retailers and
solve really hard challenges, like making a societal impact, specifically
around waste. How do we help win the perimeter? "
Food waste is not only an incredible challenge, said Upshop's Andrew
Hoeft, senior vice president of retail strategy. It's also an incredible
opportunity.
" To be a retailer who's pushing the upper boundaries, it's always
a hard balance between not contributing to waste but also to have
everything on shelves so consumers aren't turned off, " by out-of-stocks,
he said.
The goal is to get as close to perfect demand as possible, but at
the same time, recognizing that waste is inevitable, and how do you
mitigate that as much as possible, Hoeft said.
One big trend that will only get bigger in helping to answer this
question, he said, is figuring out ways to upcycle older items that are
still fresh - a huge opportunity for deli/prepared. Shredding rotisserie
chickens that haven't sold and turning them into chicken salad for the
deli is just the starting point.
68 - FEBRUARY 2025
The key to all successful inventory management programs is
accepting retailers where they are and gradually getting them to accept
change, said Martin Gradal, vice president of sustainability and platform
experience for Upshop.
" Some retailers still do things manually, pen and paper. We double
down on catering to their existing processes, but slowly changing them
step by step. "
Retailers that do make those changes stand much to gain, Hoeft said.
" Year over year, consumers are becoming more loyal to brands
that are making and effort to be more sustainable, predominantly in
food waste. 'Is my store fighting food waste?' is a question that helps
determine loyalty. "
Beyond designing software,
we have to think about how to help
elevate the experience for customers
and retailers and solve really hard
challenges, like making a societal
impact, specifically around waste. "
Lauren Kennedy, Upshop
supermarketperimeter.com
Jacob Lund - stock.adobe.com
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Supermarket Perimeter - February 2025

Table of Contents for the Digital Edition of Supermarket Perimeter - February 2025

Supermarket Perimeter - February 2025 - Intro
Supermarket Perimeter - February 2025 - 1
Supermarket Perimeter - February 2025 - 2
Supermarket Perimeter - February 2025 - 3
Supermarket Perimeter - February 2025 - 4
Supermarket Perimeter - February 2025 - 5
Supermarket Perimeter - February 2025 - 6
Supermarket Perimeter - February 2025 - 7
Supermarket Perimeter - February 2025 - 8
Supermarket Perimeter - February 2025 - 9
Supermarket Perimeter - February 2025 - 10
Supermarket Perimeter - February 2025 - 11
Supermarket Perimeter - February 2025 - 12
Supermarket Perimeter - February 2025 - 13
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Supermarket Perimeter - February 2025 - 15
Supermarket Perimeter - February 2025 - 16
Supermarket Perimeter - February 2025 - 17
Supermarket Perimeter - February 2025 - 18
Supermarket Perimeter - February 2025 - 19
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Supermarket Perimeter - February 2025 - 33
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Supermarket Perimeter - February 2025 - 36
Supermarket Perimeter - February 2025 - 37
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