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How AI Optimizes Demand Forecasting for Grocers

Grocers who rely on the discipline “Demand Forecasting” to live up to its moniker, i.e., accurately predict future demand for specific products, have, unfortunately needed to maintain a healthy tolerance for inaccuracy. In fact, grocery retailers today are challenged to properly manage and allocate inventory with forecasts having errors ranging from 40% – 60% plus.

Why AI is Redefining the Retail Experience

Change in the retail industry has been accelerated by new competitors and global digital transformation. Underlying this shift are two key trends: the use of technology to understand the rapidly shifting attitudes and sentiments of highly informed buyers, and the...

How AI powers Pricing Optimization to Drive Maximum Profitability for Grocers

While it’s true that powerful technology and “traditional” data analytics software enable grocery retailers to battle it out with competitors on a weekly, daily and even hourly basis, the big question is, does beating competitors on price always lead to higher profits? In other words, how closely is your organization’s pricing strategy aligned to long-term financial goals?

AI-Driven Analytics: Taming The Wild World of Grocery Data

A crowded marketplace with fierce competition, including brick-and-mortar specialty food retailers, expansion of grocery sections in big box stores, e-Commerce into the grocery space, ever-changing Amazon dynamics, Grocers understand that in order to keep-up, they need to leverage their hard-earned data and glean the best insights from consumer-behavior and shopping-preferences

Tales from the Fraud Squad

For years, hundreds of TTC staff scammed the employee health care plan and pocketed millions. Read the true story about the fraud and the organized crime and the investigation right here. This fraud detection was as easy as picking Daisy! Read the full article from...

Why now is the time for regional grocers to capitalize on AI

So, while it is a fact that A.I. applications are a major critical threat to the independent grocer, what an investment in A.I. also represents is actually the best opportunity right now for mid-market independent grocers to co-exist and even compete directly with the Aldi’s and the Walmart, and of course, Amazon!

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