Better supply chain logistics could save the Australian grocery industry up to A$950m (US$619.8m) a year, a new study has shown. The $54bn industry spends an estimated $7.4bn each year on packaging and moving products from factories to store shelves, reported the Australian. According to the Efficient Product Movement study, which was produced by the Australian Food and Grocery Council together with IBM Business Consulting, there are several ways to improve efficiency in the supply chain system.