NeoGrid Releases On-Shelf Availability SaaS in North America

NeoGrid, a global supply chain management technology provider, released of its On-Shelf Availability (OSA) service in North America. Now available on the company's cloud-based supply chain management platform, NeoGrid's OSA Solution uses root-cause analysis to prevent out-of-stocks (OOS), while driving collaboration between manufacturers, retailers and suppliers.

NeoGrid made the announcement at the recently convened 2016 Gartner Supply Chain Executive Conference in Phoenix.

Within a single, integrated platform, NeoGrid's OSA Solution is designed to provide advanced OOS management capabilities, allowing manufacturers to ensure product availability on store shelves by identifying and addressing the root causes of unavailability. The service takes into consideration inventory levels and actual/expected sales to calculate the probability that an item will become out of stock. Then, the solution uses granular data sets to predict the root cause of the OOS situation and allows the user to take action. As a result, manufacturers can increase sales, strengthen relationships with retailers, better meet demand and improve customer satisfaction.

“Traditionally, on-shelf availability solutions focus on fixing today's problems – alerting users to take action once an item is out of stock. In the meantime, organizations have already lost sales, as intervention is both expensive and ineffective,” said Paris Gogos, VP product and marketing, NeoGrid North America. “Instead of fixing today's problems, NeoGrid's OSA Solution prevents tomorrow's losses through predictive, root-cause analysis. Our goal is to help manufacturers work in collaboration with retailers and suppliers to identify, track, understand and act upon these root causes to maximize profitability and further synchronize the supply chain.”

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