Tampa, Florida – Applied Data Corporation (ADC), a leading provider of Fresh Item Management (FIM), recipe management, and scales management software to the grocery retail and food service industries, announces that a 200+ store regional grocery chain in the USA has piloted and is rolling-out ADC's P-Cubed Perishable Production Planning software system and has seen a consequent average 35.6% reduction in shrink in its Deli and Bakery departments.
The Perishable Production Planning module generates demand-based production plans from store-specific sales history, which results in having the optimum amount and variety of fresh foods available at the right time for customers.
"The first success story we saw with the system came from an item that had never been on promotion before" stated the retailer's CIO. "ADC's software forecast that we needed 31 of the item available for sale. While the store was hesitant to produce that quantity, they indeed sold 30. However, that was just the beginning. Once we were producing the optimum quantities of fresh products, we saw a drastic average reduction in our perishable shrink of 35.6% in just two of our fresh departments."
ADC was able to track and report the reduction in shrink by collecting sales movement data at the item-transaction level starting for over a year prior to the P-Cubed implementation. This allowed a direct comparison of same store, same item year on year performance over a 10 week period, contrasting items on the production plan against candidate items yet to be put on production planning. Unit shrink reduced by 25.5% on production plan items but increased by 10.1% on non-production plan items.
"We are very happy to be able to share this client's P-Cubed results," said Steve Loveridge, ADC's CEO. Prospective clients want P-Cubed quantified results, which is why we like to collect fresh item sales history prior to the software being rolled out. Additionally, the fresh-focused forecasting algorithms in P-Cubed perform better with a significant amount of sales history. ADC looks forward to sharing more stories from this client and others who are seeing similar results from the P-Cubed software system."
The Perishable Production Planning software is a module within ADC's P-Cubed Production Manager system that captures and manages perishable item shrink, maintains perpetual inventory, manages meat grind traceability and provides cutting tests against cutting templates. The P-Cubed Production manager is one of three software systems in InterStore.Net, ADC's integrated suite of Fresh Item Management software. The other two software systems are: InterScale Scales Manager, which hosts data to and from barcode labeling scales and NutriGen Recipe Manager, which centrally manages recipes and generates accurate nutritional facts and costs.
For additional information, please contact:
Jamie Dedel, ADC +1.813.849.1818 Ext. 221 www.AppledDataCorp.com
About ADC
Since 1989, Applied Data Corporation (ADC) has specialized in the development of data-management solutions for the supermarket, grocery and fresh-food industries. The InterScale scales management software developed by ADC is a global technology leader for host management of supermarket barcode-printing scales. The InterScale system is a member of ADC's InterStore.Net suite of fresh applications which also includes NutriGen recipe management and P-Cubed shrink management, fresh inventory management and perishable production planning and ordering. InterStore.Net consolidates ADC's lead in the Fresh Item Management (FIM) software market with an integrated fresh software suite to provide greater efficiencies and optimize production in the grocer's fresh-food departments. For more information on ADC visit www.AppliedDataCorp.com or www.InterStore.Net.
Source: Applied Data Corporation