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What SymphonyIRI Group Customers Are Saying
"We are continuing our relationship with SymphonyIRI Group because they deliver the superior census-based, high-quality data and consumer insights we need to effectively run our business and drive profitable growth. Their vertical beverage alcohol expertise and software solutions are unmatched in the industry."
Howard Romm
President
Republic Beverage
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Press Releases
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Archives (2005 to current)
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5/22/2008
Solving Retail Out-of-Stocks: Are We There Yet?
IRI Expert Reveals Latest Advances in Retail Execution to Drive Improved Performance at Shelf
WHO: Craig Silverman, EVP of Business Performance Solutions, Information Resources, Inc.
WHAT: Industry estimates indicate that most consumer packaged goods (CPG) manufacturers lose between 8 – 10% of revenue per year due to out-of-stocks. To address this increasing dilemma, leading retail execution expert Craig Silverman presents “Solving Out-of-Stocks: Are We There Yet?” delivering a review of the latest retail execution strategies and solutions to reduce out-of-stocks, improve promotion effectiveness and achieve consistent and rapid new product introduction distribution intelligence.
WHY: Over $6 billion dollars is drained from the CPG and retail industry every year in the U.S. because of out-of-stocks according to estimates from the Grocery Manufacturers of America — six billion that the industry can ill afford. Addressing the majority of today’s out-of-stock situations requires access to daily data from retailers – a new paradigm in marketplace information. This presentation details IRI’s new Retail Performance Management Solutions that help pin-point out-of-stock situations, store-by-store, with the use of daily data collected from today’s leading retailers. Retailers, as well as Direct Store Delivery (DSD) and Warehouse-based CPG manufacturers will learn how the root-causes of out-of-stocks, such as shelf-space, order quantity, or warehouse delivery logistics are essential to resolving today’s retail execution issues and improving petformance.
WHEN: Tuesday, April 12, 2005 11:15 AM – 12:00 PM (EDT)
WHERE: Grocery Manufacturers of America
2005 Information Systems and Logistics/Distribution Conf.
PGA National Resort & Spa
Palm Beach Gardens, Florida
www.gmabrands.com/events/isld2005.cfm
About Information Resources, Inc.
Information Resources, Inc. (IRI) is the leading global provider of enterprise market information solutions for the CPG, Retail and Healthcare industries. IRI is the first company to leverage the power of real-time market information, advanced analytic insights, and enterprise performance management technology to improve the profitability and operational effectiveness of the world’s leading CPG, Retail, and Healthcare companies. The Company uniquely provides a total view of the market, enabling maximum business performance throughout the enterprise. IRI's solutions make the consumer-driven, real-time enterprise possible. More information is available at www.infores.com.
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