Retail InsightCompany DetailsContacthttps://www.retailinsight.io/Articles & NewsHomePhantom Inventory is Plaguing the Grocery Landscape. Here’s How to Fix it.To fix phantom inventory, food retailers need a better understanding of the accuracy of their inventory levels, complete with insights into how and why their stated inventory is failing to keep up with consumer demand.RetailPhantom Inventory Haunts Retailers: StudyPhantom inventory is causing U.S. shoppers to experience out-of-stocks, with poor product availability negatively impacting sales and long-term customer loyalty, according to the latest data from Retail Insight.HomeProduct Out-of-Stocks Up 6% YOY, Posing Pressure on Supply Chain Lead TimesOriginal research revealed that 78% have experienced out-of-stock products in-store in the past 12 months, up 6% year-over-year, while 68% have experienced the same issue online, an increase of 9% since 2022.Request More InformationFill out the form below to request more information about Retail Insight
