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Food & Drug

As a food and drug retailer, when it comes to pricing and assortment, you grapple with a long list of challenges: many products without standardized packaging; quantities, sizes and weights that are not always easy to compare; brand and manufacturer names that are used interchangeably; price and availability that vary greatly based on location; and increasing competition from mass merchants. All this makes it tough to determine your pricing and assortment strategies, let alone optimize them over time.

To meet these challenges, Upstream Commerce equips food and drug retailers with the knowledge to understand market dynamics across all competitors. Accurately matched similar products, along with real-time competitive pricing and assortment intelligence, ensure that you always offer the right products, through the right channels and at the right time and price.
Food & Drug Solution
Having worked with some of most innovative food and drug retailers in the world, we designed the solution to handle the product matching and comparison challenges inherent to this category. While packaged products (health and beauty aids, consumer packaged goods) can be matched with a relatively straightforward approach, products without standardized packaging (fresh food) require a more rigorous consideration of multiple product attributes. Upstream Commerce ensures matching accuracy by using up-to-date domain dictionaries as well as a tight quality assurance process managed by professionals with deep domain expertise.
Actionable insights through advanced reporting
Analyze your competitive landscape by virtually any type of segmentation (e.g., brands, product categories), including custom segments based on your individual needs, such as price ranges. Easily drill down to the product level at any time. Advanced reporting allows you to uncover historical pricing patterns and compare pricing tactics over the entire product lifetime.
Smarter product assortment
The growing size of product catalogs makes product selection a big challenge. With the food and drug solution from Upstream Commerce, you can develop new product selection approaches by comparing catalogs based on a variety of breakdown options, analyzing product introduction and removal patterns, and benchmarking against the industry.