Kimberton Whole Foods has partnered with Shelf Engine to reduce its in-store fresh food waste while increasing its bottom line, writes Bridget Goldschmidt for Progressive Grocer.
Shelf Engine’s predictive technology and automated ordering solution help prevent items from running out of stock. And it diminishes the number of buy-back products that don’t sell.
Using the technology should boost profits for the independent, family-owned community market. It has managed to increase sales by 42 percent on average and up to 70 percent at its best performing store. Concurrently, it addresses shrinkage, the value of inventory the store owns but, for various reasons, cannot sell.
“Not only has Shelf Engine had an incredible impact on our sales, but these benefits have extended far beyond our shelves,” said Robin Brett, director of purchasing at Kimberton Whole Foods. “With less time spent on forecasting and inventory planning, we’re able to spend more time focused on what matters most: our customers.”
The partnership includes all six local markets: Downingtown, Kimberton, Malvern, Collegeville, Douglassville, and Ottsville. The chain has plans to expand into more products and categories.
“Kimberton Whole Foods championed its sustainable philosophy before these ideas were mainstream and has remained a pioneer for innovative, forward-thinking business models,” said Stefan Kalb, co-founder and CEO of Shelf Engine.
Read more about Kimberton Whole Foods in Progressive Grocer.