Best of breed retailers are operationalizing inventory fluidity to both reduce lost sales and raise margins in how they fulfill demand. However, doing this without an understanding of future price effects risks offsetting margin and sales gains. David Barach provides a short overview how retailers can capitalize on this with antuit.ai, while avoiding a quagmire being overwhelmed by individual detail decisions. Watch the 1-minute summary video.
Video: Delivering the Future of AI Merchandising & Planning
on March 6, 2020
| By Antuit Insights
|
Pricing Analytics,
Video,
Retail,
Artificial Intelligence,
Demand Planning,
Markdown Optimization
AI is rapidly disrupting retail & merchandising operations, not only adding productivity but unleashing human innovation and creativity. In this short video presentation, Yogesh Kulkarni and Kaushik Katari, explain how antuit.ai uniquely brings AI solutions to users to solve retail challenges throughout the product lifecycle. Watch the 1-minute summary video.
How Artificial Intelligence Optimizes Merchandising, Pricing, and Replenishment for Omni-channel Retailers
on July 30, 2019
| By Antuit Insights
|
Pricing Analytics,
Omnichannel,
Artificial Intelligence,
Replenishment,
Merchandising
“At each step of the process, planners have access to accurate information which becomes an invaluable tool. Companies that have imbedded AI into their systems have experienced up to 6% improved gross margin and a 10% increase in sell-through,”
Traditional pricing strategies are not equipped for decision making in the omni-channel space. Fluidity of inventory across channels provides new options for increased sell-through and better customer experience. However, it also adds complexity in pricing decisions that can erode margin and leave inventory stranded in the wrong places.
Revenue Growth Management Is Disrupting How Pricing and Promotions Are Deployed in the Market
on April 11, 2019
| By Alex Barnes
|
Pricing Analytics,
Revenue Growth Management,
Consumer Products,
CPG
Consumer Goods companies are seeking to leverage advanced analytics, machine learning, and artificial intelligence to gain a competitive edge as the industry continues to be hammered by disruption, changing consumer buying habits, and proliferation of indie brands.
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