On-shelf availability (OSA) issues continue to plague retailers and their supplier partners. Currently, out-of-stock (OOS) problems cause an estimated $130 billion in annual lost sales in the US retail industry alone, and as e-commerce order fulfillment with in-store inventory increases, OOS challenges will continue to grow.
Many have attempted to address this epidemic by implementing a variety of technologies to monitor data and inventory accuracy, and enlisting faster replenishment times or increased shelf capacity. More recently, out-of-stock and display compliance alerts have been deployed. Still the massive OOS problem persists.
With OSA360, RSi and CROSSMARK are combining their significant retail industry experience and footprint, and deep technology expertise, to create a one-of-a-kind “closed loop” OSA offering. The new solution is designed to help retailers and their CPG partners maximize their OSA and recapture the millions that are lost each year to OOS and inefficient in-store execution.
The OSA360 Difference:
- »Significant retail industry experience
- »Expansive footprint
- »Deep technology expertise
- »Unique “closed loop” OSA offering
- »Scalable solution delivering clear and superior ROI
- »Seamless, single-source solution
OSA360 enables a faster OSA alert response and improves display, rundown and innovation management, leading to significantly improved results and strengthened collaborative relationships with their supplier partners. Equally important, OSA360 delivers a complete ROI model across analytics and labor, enabling retailers to maximize their OSA and recapture millions due to more efficient in-store execution.
The OSA360 Advantage for CPG Companies:
*Real-time visibility into your OSA levels, leading to a more efficient supply chain
*Retailer endorsed with permissions to drive in-store interventions
*Proactive alerts to fix upstream supply chain issues to prevent OOS before they happen
*Increased innovation success, including more effective launches
*Take action to address any OOS alerts quickly
*Fast correction of and compliance for identified, in-store issues
*Tangible ROI driven by transparency of in-store actions
*Better execution of promotional events
*Mobile app-enabled visibility for everyone from HQ to field sales