Chetu Blog

Grocery Store Inventory Management Software: How the Right System Stops Costing You Money

Food waste, spoilage, and stockouts cost the average grocery store on average between 8% and 10% of revenue every year. On an annual sales total of $5 million, from $400,000 to $500,000 is going down the drain before it hits the bottom line – and most of it is avoidable. The bad news is that the majority of these losses are due to factors outside of your control.