Parsippany-based Kings Food Markets has selected a new technology created by ReposiTrak to support the delivery of produce and products to its shoppers, it announced Wednesday.
ReposiTrak Inc. is an advanced commercial platform for retailing and helps retailers control risk, reduce supply chain expense and grow sales through its unique technology platform. Its scan-based solution Kings is adopting provides retailers with benefits including greater efficiencies in DSD receiving, reduced out of stocks, lower operating expenses, no-hassle payments and increased sales of 3 to 10 percent.
Kings currently operates 25 stores throughout New Jersey, New York and Connecticut.
“Our top priority is to provide the highest quality of products to our customers, so when the group at ReposiTrak made us rethink how we were managing our in-store stock, we realized we needed a tool that would provide us with all the necessary data required to achieve that goal,” said Arthur Goncalves, vice president of center store at Kings Food Markets. “With our adoption of this SBT solution, we look forward to leveraging real-time visibility into store-level data for every item that we provide our customers.”
“Costs decrease when retailers and their DSD suppliers can accurately see product movement and collaborate to drive efficiencies and build revenues,” said Randall Fields, CEO of Park City Group. “We’re proud to help Kings Food Markets provide fresher products for their shoppers, which all but guarantees higher sales.”