Grocery Store Management Services

Even a small grocery store can stock more than a thousand different items, all of which have different shelf lives. Overstocking can be a costly mistake, as spoilt fresh produce has to be thrown away, but out-of-stock situations are just as problematic

Since grocery stores typically run on extremely low profit margins, the need for a lean and efficient operation is critical. Labor costs are the single greatest controllable expense. Some grocery store managers have a tendency to cut labor during tough times. If labor cost reduction is not managed properly, customer service and store conditions may suffer. This, of course, results in lost customers and sales. 

With increased competition from superstores, the grocery operators are required to provision for high-level strategic analysis of the sales and margins by store department. This requires access to not only experienced accountants but also best-in-breed technology including business intelligence and analytics

Effective monitoring & tracking business cash flows helps the grocery operators to expand capacity, increase inventory, extend their product lines and penetrate new markets. However, tracking the cash flows is extremely challenging for the grocers as it requires access to high quality financial reports and business intelligence dashboards.