The Covid-19 pandemic has not only led to disruptions to our health systems but also affected our global economy, supply chain and transportation, our environment and food systems. Today, we’re going...
It’s safe to say that there is a lot going on around the world these days. Today, we’ll try to break down how the omicron variant and other current events, such as the Russian invasion of Ukraine,...
Topics: supply chain
How closeouts impact margins (and the importance of putting data in context)
Margin is a key metric for any business. It represents the delta between a company’s revenue and expenses, from which emerges cash to reinvest in the growth of the business or to return to...
Topics: liquidation
The United States wastes 30-40% of our food supply, resulting in approximately 90 billion meals’ worth of food lost and costing us about 2% of our GDP - not to mention the disastrous impacts on our...
Topics: sustainability, policy
Yesterday, the Intergovernmental Panel on Climate Change (IPCC) released Climate Change 2022: Impacts, Adaptation and Vulnerability, part of its Sixth Assessment Report. The report, which spans 18...
Topics: sustainability
Businesses and consumers alike are feeling the impacts of inflation, and food is near the top of the list. With historic inflation rates, every stage of the grocery supply chain is seeing price...
Topics: discount retail
“You can’t manage what you can’t measure.” It’s a bit of a platitude, but it remains tried and tested advice when it comes to just about every business imperative. Inventory management is no...
Topics: unsold inventory
Structuring food closeouts can be a real challenge. Even more than non-perishable goods, closeout food presents difficulties in distance, time, and a unique buyer audience. But it also comes with...
Topics: liquidation
Excess inventory is our bread and butter. We’ve spent years discussing the challenges of – and solutions to – excess inventory with manufacturers, brokers, retailers, and consumers in the CPG space....
Topics: unsold inventory
The hardest step in managing excess, slow-moving or obsolete inventory is getting started. Once you’ve decided to ramp up your closeout program, you may have trouble evaluating your options. There...
Topics: liquidation, donation, unsold inventory