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Out-of-Stock is a significant problem in the
Consumer Packaged Goods Industry.
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Global
Out-of-Stock rates are estimated at 8.3%, a $30 billion
opportunity. Data Ventures’ Out-of-“Shelf”
(OOS) solution
is an award winning and patented application which
substantially improves in-stock availability.
Unlike other out-of-stock methodologies that rely
on highly unreliable store audits, surveys or
"perpetual inventory" data, Data Ventures identifies
and quantifies Out-of-Shelf issues based on
predictive sales modeling using POS/Scan data.
Data Ventures’ Out-of-Shelf solution takes an
advanced statistical approach to mathematically
understanding when, where, and which products have
lost sales due to planogram, merchandising and
inventory issues in-store. Once visibility to the
items / stores / dates which are suffering from
out-of-shelf conditions are identified and
quantified, corrective merchandising action can be
taken. Data Ventures’ OOS solution was validated
across four major U.S. grocery retailers using
independent auditors, and our ability to accurately
determine specific item out-of-shelf conditions
reached 92% after the fourth Retailer test.
Clients who have implemented Data Ventures’
OOS solution and recommendations in merchandising have experienced
on-shelf availability improvements of more
than +2.5 pts and increased total store sales of 3% or higher.
In the process, one manufacturer regained
lost revenues of $374,000 in nine months for
just one retail chain.
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888.431.2676
704.887.1001
Monday - Friday
8 AM - 5 PM EST
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