If you're looking for a platform to help retailers optimize their operations and improve profitability through AI-powered predictions, Profitect is a great choice. This prescriptive analytics platform uses machine learning to help retailers and CPG companies increase profit margins by automatically analyzing large data sets and providing actionable insights in near-real-time. It includes features like inventory optimization, sales and exception-based reporting, and a mobile field application, among others. Some customers have reported double-digit improvements in sales, margin, and labor efficiency.
Another tool worth considering is the EDITED Retail Intelligence Platform. It offers unparalleled visibility into a retailer's business through AI-powered insights and market context, analyzing over 0 billion SKUs with historical data and millions of transactions. With tools like myEDITED for fast decision-making, EDITED Market for competitor assortment comparison, and EDITED Overlay for recommended actions, it helps retailers make data-driven decisions for buying, merchandising, and technology purposes.
RELEX is also worth a look for its unified supply chain and retail planning platform. It uses advanced AI and machine-learning algorithms to improve forecasting and inventory management, offering real-time visibility and collaboration across all levels. This platform serves multiple parties, including manufacturers, distributors, and retailers, helping to increase sales, reduce costs, and improve responsiveness to market fluctuations and disruptions.
For a focus on retail store operations, Logile offers a comprehensive solution for optimizing customer service, employee empowerment, and store operations through machine learning and industrial engineering. It includes features for store planning, scheduling, and execution, workforce management, inventory management, and food safety technology. This platform supports various retail environments and offers resources like webinars and customer success stories.