Lunds & Byerlys is ensuring that its consumers can all the time discover their desired merchandise in inventory by implementing Itasca Magic computer-generated ordering (CGO) and stock optimization answer in all of its retail areas.
Created by Itasca Retail Information Systems Inc., Itasca Magic software program makes use of historic gross sales knowledge and present shelf and promoting situations to calculate the precise proper order quantities for tens of 1000’s of things within the retailer at any time of day. This ensures that every retailer all the time has the precise inventory ranges to satisfy shopper demand for each merchandise in its assortment.
In keeping with the firm, the system combines subtle algorithms, synthetic intelligence and machine studying, together with deep understanding of the North American grocery replenishment course of, to generate spectacular features in gross sales and productiveness. It concurrently reduces stock, shrink, product dealing with and vendor credit.
Lunds & Byerlys, the Minnepolis-based family-owned grocer, operates 27 shops throughout the Twin Cities.
“The Lunds & Byerlys title is synonymous with a strong number of high quality merchandise, distinctive customer support and passionate experience,” mentioned Curtis Funk, SVP of merchandising. “We chosen Itasca Magic for its observe file [of] enabling grocers to keep up and improve these qualities by being in inventory on all merchandise, on a regular basis.”
Funk continued: “The answer minimizes human intervention within the all-important ordering course of. This implies our workers will likely be even freer to interact with our consumers going ahead whereas nonetheless satisfying their on a regular basis grocery wants.”
“I’ve noticed personally how the Lunds & Byerlys chain has developed over time as a standout regional operator,” mentioned Jeff Kennedy, Itasca Retail’s president and co-founder. “Itasca Retail is honored to have been chosen to assist this superb retailer optimize retailer inventories and keep reliably in inventory on the distinctive assortment they carry to their prospects.”
Kennedy added: “We welcome Lunds & Byerlys as a valued buyer and stay up for a long-term relationship helping them to stay the popular vacation spot for his or her loyal consumers.”
West Des Moines, Iowa-based Itasca Retail Information Systems invents and builds options for stock administration, direct retailer supply, CGO and related knowledge administration. Its stock optimization options embody merchandise forecasting, perpetual stock and the hand-held gadgets that help retailer execution processes.