Cloudy with a Chance of Out-of-Stocks?

The article emphasizes the importance for the grocery trade to have the right forecasting strategies and tools to avoid out-of-stocks and lost sales or excess inventory. Brian Kilcourse, managing partner of RSR Research LLC, explains why the demand forecasting process needs to improve to help grocers achieve their goals. W. Frank Dell II, president of Dellmart & Co., relates the procurement issues facing private labels. It explores the role of a well-managed private label program in successful forecasting.