Vendor Assessment: Vendor Landscape — Traceability and Compliance for the Grocery Product Life Cycle
|Authors:||Leslie Hand, Heather Ashton, Simon Ellis|
|Document Type||Vendor Assessment|
|Number of Pages||23|
|Number of Figures||3|
This IDC Retail Insights report discusses the growing importance of product life-cycle management and traceability and compliance to grocery stores and food and beverage manufacturers.
According to Leslie Hand, research director, IDC Retail Insights, "Grocers that aim to build more customer brand loyalty, and expect that growth in private brands are a key component to this strategy, must create systems and processes that will support a smarter supply chain and more efficiently and effectively move a store brand product from ideation through delivery to the shelf, including with it the appropriate levels of product life-cycle management, traceability, and compliance. Additionally, as the face of national brands to consumers, retailers must also ensure the quality of the products on shelf, manage recalls efficiently and effectively, and communicate this level of stewardship to customers."
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