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How AI gives merchants super powers

When it comes to merchandise planning, the current volume of decisions is enormous. Consider that a retailer with 10 price zones, 10 ad zones, 50 stores, and 50,000 products is approximately 3 million per week (1,000 promo items at 10 ad zones plus 50,000 prices at 10...

A.I. vs Predictive Analytics

In this day and age, of radical disruption and revolutionary changes in retail, predictive analytics models are not really up to the task of looking at a retailers’ data holistically and supporting profitable decision making.

The Future of AI In Retail Is Already Here

The most important thing to bear in mind here is that real AI changes are invisible. The real core of retail business – intelligent planning and operating systems – is not publicly discussed by the big companies as that is the secret sauce to competitive advantage....

Cutting Through the Artificial Intelligence hype

Over the past couple of years there’s certainly been no shortage of marketing content, articles, research reports, conference presentations and white papers that purport to tell everyone what A.I. powers… i.e., retail, insurance, medicine, finance, everything… but who is helping us cut through the hype and telling is what A.I. actually is and what it isn’t?

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...

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