Rubikloud’s European Grocery Data Report 2019

Rubikloud European Grocery Report 2019

What European grocery shoppers really want and how supermarkets can deliver it with AI

Artificial Intelligence company Rubikloud surveyed 3,000 grocery shoppers in France, the UK, and Germany in September 2019.

  • They found that 79% think supermarkets could do more to reduce their packaging and food waste. Indeed, 42% would advocate fines for supermarkets who fail to reduce their waste levels.
  • Two thirds (66%) of European consumers would be more likely to stay loyal to a supermarket that had made a firm commitment to reducing food and packaging waste.
  • Rubikloud also discovered that shoppers don’t trust the consistency of promotions and pricing across channels with only 37% confident that they are getting the same deals and promotions online as they would get in-store.

Risks to brand reputation

The key message to grocers from these findings is: If you aren’t addressing food waste, forecast accuracy and service consistency in your stores and online, you’re risking your brand reputation, and losing valuable margin due to inefficiencies.

Salvation is within reach thanks to the latest AI software, which harnesses big data to deliver more accurate forecasting, replenishment and promotions planning. By using the latest machine learning techniques retailers can become far more precise when forecasting stock for general sales and for promotional pricing activity.

Technology can provide simple solutions to reduce the chances of shrinkage and waste – protecting margin and keeping customers happy.

With AI it’s possible to solve real business problems by delivering highly accurate, automated mass promotional demand forecasting at chain, store and SKU levels.

Download Rubikloud’s 2019 European Grocery Data Report today to find out more.


Reflexis

The UK retail sector is facing a series of serious challenges on numerous fronts, with physical stores under the greatest pressure. These challenges include declining sales, increasing costs and fierce competition from online competitors.

The long-tail Brexit effect is also continuing to negatively impact the sector in multiple ways – not least consumer confidence.

How can you derive extra value from the labour hour? Reflexis explore this in their recent report, Stop the clocks. To find out more download the report from the link below.

 

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Claranet

Reimagine retail with Claranet’s report on how leading retailers are reorganising their businesses around emerging technologies. To find out more and download the report click on the link below:

 

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Reed: One Vision

From our survey of 2,000 UK shoppers in December 2018, there is an opportunity to map out what should be driving retail decision-making in 2019, where the industry is currently excelling, and where it is falling short.

 

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Delivering The Perfect Order

Supply chain transformation has turned out to be a lot harder to deliver than anyone thought, and many retailers are watching their original goals slip away, in a continually changing retail environment. Here, Opentext show what it takes to deliver the perfect order.

 

Deliver your perfect order by downloading the report here >> 


Connecting Brands: is your digital network priming your business for success?

Are you unleashing the full power of your digital network? Whether you’re in the retail, hospitality or leisure sectors you have a real opportunity to gain competitive advantage over your peers by investing in your digital networks.

 

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Sorted: Coming Together – The blueprint for collaborative commerce

A lot of investment has gone into driving website traffic, creating a seamless online journey to purchase and implementing a secure checkout. But, all too often, this investment is let down by the final part of  the experience: delivery. This market report examines the solutions.

 

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Amido: Success Beyond Scale

Why do so many ecommerce businesses fail at scale, and why do retail websites fall over in the face of demand that they should have anticipated?

This paper produced by technical consultancy Amido explores how forward-thinking businesses are addressing these issues in their search to meet customer expectations and to build lasting advantage.

 

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Aurora: Is your ecommerce platform holding you back?

To truly capitalise on the ecommerce opportunity in 2017 and beyond, retailers need the right platform for growth.

This Aurora guide shows retailers how to unlock online revenue by overcoming key business challenges, and provides strategic advice on finding an agile, scalable ecommerce platform that can power their business into the future.

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Sanderson: Maximising margins in the connected retail economy

In a multi-channel world, maximising margin has become an increasingly complex challenge.

When consumers can shop across any channel and order to any location, profitability can fluctuate greatly. How retailers market, transact and fulfil orders from the growing number of touchpoints available to shoppers forms part of a wider value chain; and each decision they make along the connected commerce journey can set off a ‘chain reaction’, which will either optimise or reduce the profit margin on every product sold.

This guide analyses the opportunities to increase margin at each stage of the customer purchasing journey.

 

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