Strategic Perishable Management: Boosting Profit and Reducing Waste in Retail Operations
Management Science — 2026 — Consumer Behavior
The research emphasizes the importance of strategic management of perishable products in retail, focusing on how product display and dynamic discounting can enhance profitability while reducing waste. It identifies consumer behavior patterns, highlighting the distinction between passive and active consumers, and suggests tailored strategies for different product categories to optimize sales and minimize losses. The findings advocate for a data-driven approach to inventory management that aligns with consumer preferences and market dynamics.
Key Statistics
- Retail waste is estimated at 931 million tonnes annually, with 13% originating from retail.
- Optimizing display and discounting strategies can yield an average profit increase of 6.01%.
- Implementing strategic management can decrease waste by 21.24%
Key Takeaways
- Retailers should differentiate strategies for passive and active consumers to optimize perishable sales.
- Implementing dynamic discounting based on product characteristics can significantly reduce waste.
- A data-driven approach to inventory management is essential for adapting to fluctuating consumer demand.
Cite as: Atan, Honhon, Pan. (2026). Strategic Perishable Management: Boosting Profit and Reducing Waste in Retail Operations. Retrieved from https://research.agilebrandguide.com/research/strategic-perishable-management-boosting-profit-and-reducing-waste-in-retail-operations