Albertsons Partners with RangeMe to Quickly Locate Products and Stock Shelves
BOISE, ID & SAN FRANCISCO, CA - Albertsons has announced a partnership with RangeMe, an online platform that streamlines new product discovery between suppliers and retailers, spanning all 19 of its banners.
"This new technology directly benefits our customers and employees alike," said Mark Panzer, Albertsons Companies' Senior Vice President of Pharmacy Health and Wellness, according to Yahoo! Finance. "By implementing the RangeMe platform, our teams can quickly locate and stock shelves with products that our customers want, like organic health and beauty products or local items or brands. It saves us time and money, which is passed on to our shoppers."
Described as a strategic move with a system that gives suppliers greater access to retail buyers, the partnership currently applies to the retailer’s general merchandise, health, and beauty. Whether it will grow to encompass fresh items remains to be seen, but the move does fall in line with retail trends incorporating technology further into all aspects of buy-side operations.
"We are extremely excited to partner with such a leading-edge retailer as Albertsons Companies," said Founder and CEO of RangeMe Nicky Jackson. "As Albertsons Companies continues strive to be the Favorite Local Supermarket™ across the communities they serve, our technology will bring greater efficiency to their product sourcing process and give their category buyers the tools they need to win at the shelf."
Pat Dennis, the retailer’s Group Vice President, General Merchandising/Health and Beauty Care Merchandising, said that its buying teams are very aware that there are products out there waiting to be discovered.
As more and more technological strategies emerge to further give retailers an edge in the busy buy-side market, AndNowUKnow will continue to report on how these changes filter into the produce industry.
