The grocery sector was arguably hit as hard by the pandemic as any and is still dealing with the most persistent hangover—namely ongoing supply shortages, inventory imbalances, and excessive spoilage and waste.
As supply chain disruptions continue, how can CPGs build resiliency into their end-to-end operations—while also contributing toward their sustainability goals? We look at stats, solutions, and strategies, created in partnership with CGT.
Among other reasons we’ve talked about, many retailers are looking at AI-powered pricing solutions because they feel confined by strict sets of pricing rules and policies, often put in place many years ago—long before modern data science was even a concept.
Infographic: Connecting Pricing with Inventory Management
on July 27, 2023
| By Antuit Insights
|
Infographic
Amid today’s chronic stockouts and excess inventory, AI-powered pricing optimization is an emerging solution for supply chain imbalances—accelerating retail sell-through at higher margins.
One highlight of NRF 2023 was our well-received co-presentation with Walgreens Group VP Andy Kettlewell, joining our CEO, Sivakumar Lakshmanan to discuss Walgreens’ landmark AI demand planning transformation—serving 9 million daily customers’ health and wellness needs across almost 9,000 stores nationwide.
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