Uploaded byNational Retail Federation
Driving optimal decision-making in fresh grocery
This document discusses driving optimal decision-making in fresh grocery. It introduces Matt Schwartz, the CEO and co-founder of Afresh, who has a track record of building social impact companies related to sustainability and health. It also introduces John Clear from Alvarez & Marsal, who has over 12 years of grocery retail and consulting experience. The document notes that fresh grocery is difficult to manage effectively due to challenges like perishability, seasonality, complex product specifications, and departments operating in silos. It argues that making the fresh food supply chain more efficient can drive better environmental, social, and business outcomes through reductions in waste and emissions and increased access to healthy food.
More Related Content
Similar to Driving optimal decision-making in fresh grocery
![Fmi final fresh cat man webinar[1]](https://cdn.slidesharecdn.com/ss_thumbnails/fmifinalfreshcatmanwebinar1-110209195236-phpapp02-thumbnail.jpg?width=640&height=640&fit=bounds)
![FIS Presentation Short[1][1]](https://cdn.slidesharecdn.com/ss_thumbnails/fispresentationshort11-124794190214-phpapp01-thumbnail.jpg?width=640&height=640&fit=bounds)
More from National Retail Federation
Driving optimal decision-making in fresh grocery
- 2. Driving optimal decision-making in freshgrocery John Clear Senior Director, Alvarez & Marsal Consumer and Retail Group Matt Schwartz CEO and co-founder, Afresh
- 3. Matt has atrack record of building for-profit social impact companies that positively affect sustainability and human health. He received an MBA from Stanford’s Graduate School of Business and prior to founding Afresh, gained hands-on experience at companies within the food industry, including Bain & Company and Simple Mills. Since starting Afresh, the company has prevented more than 44 million pounds of food waste, grown to over 160 employees, and raised over $148 million in capital. Matt Schwartz CEO and co-founder, Afresh
- 4. With over 12years of grocery retail and consulting experience, John has a track record of revenue growth, margin acceleration and cost reduction across roles in industry and consulting. He has led numerous large scale transformation initiatives and new market entry efforts across the retail sector in the US and Europe. John has a deep expertise across the full retail value chain, including merchandising, sourcing, supply chain, store operations and SG&A. John Clear Senior Director, Alvarez & Marsal Consumer and Retail Group
- 5. Fresh is critical, buthard to get right ● Why it’s so difficult to make good decisions in fresh ● Challenges that occur when departments operate in silos ● Solutions to bridge those gaps and drive results Sales history Dynamic display changes Shipments Pricing/ promotions Order history Discards Substitutions/ cannibalization Random weight And many more… Holidays/ seasonality Perishability In-store transform- ation Remaining shelf-life Item-level specs Including weekly promotions, ad hoc changes Including recipes and yield tests Bought by weight sold by eaches
- 6. Making the freshfood supply chain more efficient drives better… + Environmental outcomes Social outcomes Driving sustainability through profitability Reductions in food waste, CO2 emissions, and water Increased access to fresh, nutrient-dense food