Itasca Retail Information Systems
Level 1 Sponsor
Itasca supports grocery retailers with software that enables them to increase sales and maximize profitability through Inventory Optimization, DSD Receiving and Item Management modules and applications.
We ensure grocers have the On-Shelf and On-Line Availability, through our sophisticated forecasting capabilities, that their customers have come to expect. Our solution takes into account all factors for replenishment and un-like early generation platforms maintains an accurate and real-time perpetual inventory throughout the day.
Combined with historical sales data and advanced algorithms for demand forecasting, our solution always knows exactly how much inventory is on hand and what to order to optimize inventory.
Our customers include Price Chopper (Schenectady, NY), Sobey’s, Wegmans, Spartan, Raley’s and others. The phenomenal results below are averaged across 1,700 stores in North America. They are unprecedented as Itasca achieves them simultaneously and for all SKU’s and departments across the store:
- 2-3% increase in same store sales
- Out-of-stocks less than 2% including promotional and DSD items
- 10-25% reduction in store level Inventory – we virtually eliminate backroom inventory
- Reduced product handling as items normally go directly from the truck to the shelf
- 3-5% reduction in store shrink
- Reduced store labor
- ROI in ~6 months
Increase sales. Simultaneously reduce inventory, shrink and product handling. Seriously!