Question: Can you recommend a retail management platform that helps optimize product placement and inventory management to drive sales?

If you're looking for a retail management platform to optimize product placement and inventory management, Trax is a top contender. Trax is a cloud-based solution that uses real-time data and analytics to help retailers place products and stock shelves in the most effective way. Its signal-based merchandising approach ensures that products are in the right place at the right time, to create shopper experiences and drive sales. Trax also offers tools for sales management, trade marketing, category management, and more, and integrates with existing workflows.

Another top contender is RELEX, a unified supply chain and retail planning platform that uses machine learning to make data-driven decisions. RELEX helps manage and optimize retail and manufacturing operations, including inventory management and supply chain planning. Its advanced AI and machine-learning algorithms give real-time visibility and collaboration, so companies can improve forecasting, cut costs and increase sales responsiveness to market fluctuations.

For AI-powered demand forecasting and omnichannel inventory optimization, Antuit is a top pick. This platform uses advanced AI to forecast demand, respond to changes, and execute inventory decisions across multiple channels. Antuit's capabilities include direct-store-delivery predictive ordering and intelligent order promising, making it a top choice for improving inventory efficiency and reducing stock-outs.

Last but not least, Planorama offers a different approach with its image recognition system. This platform digitizes in-store measurements and turns shelf photos into planograms, giving insights to maximize shelf space and optimize retail execution. With tools like PlanoCheck, PlanoConvert, and PlanoManager, Planorama helps retailers and manufacturers close the gap between expectations and in-store reality, driving revenue growth through precise merchandising decisions.