Appinio’s Post

Omnistream’s CEO and Founder Wendy Chen joined Coresight Research's NexGen Commerce AI conference in NYC with leaders from Mars, Wakefern Food Corp., and ShopCore Properties to talk about the unlocks retailers and CPGs achieve when adopting AI category management and unique store-level assortments. These “unlocks” consist of: 1. Significant sales uplift - when you design right assortment, right location, and make things fit. 2. Rapidly creating test & learns on localized planogramming - having automation, scale, and the ability to test and learn is a foundational unlock for any transformation journey. Whether that’s capabilities for retail media localization, out of stock initiatives, or targeting stock loss. 3. Optimizing data quality - data is often messy or missing because it’s hidden at a cluster or aggregated level. Planning at the granular (or store) level helps to reveal data and make it visible. If you’re a retailer or CPG, talk to us to learn more about how you can achieve these unlocks and see real results!

Grocery retailers face rising labor costs, waste management issues, and the need for operational excellence. Join us on July 17, 2024, at 11:00 AM ET to explore how AI can tackle these challenges and drive success. Featuring insights from Kelly Pedersen, Partner at PwC, and Amanda Mosseri Oren, VP Industry Strategy, Grocery, North America at RELEX Solutions, this webinar will explore strategies for transitioning from transactional to operational excellence, enhancing demand forecasting, reducing waste, and optimizing margins. Duration: 45 minutes Q&A. Don’t miss this opportunity to learn how AI is revolutionizing grocery retail. Register now! https://lnkd.in/er5M2j5q #AI #Retail #supplychain #grocery #Webinar 

⚡️ BIG #NEWS! We are beyond excited to announce the #acquisition of MarketLab, a Polish image recognition and AI software company specializing in the retail industry. The acquisition aims to boost our retail shelf intelligence capabilities by combining MarketLab’s fixed camera-based data capture expertise with our existing ShelfView mobile capture approach. The resulting hybrid data capture solution will enable retailers to gain insights into on-shelf availability, planogram compliance, pricing issues, and more to maintain optimal store conditions, maximize sales, and reduce lost revenues due to stockouts, particularly in high-SKU volume environments like grocery stores. It will also provide AI-enabled notifications to improve store key performance indicators and flag issues in near-real time to store associates and management.  Read more on this game-changing news here 👉 https://lnkd.in/e8E49zXz #SmartDataCapture #AI #Retail

Since object recognition and shelfview are becoming key differentiators for retail, it is great to see Scandit acquiring technology to allow retailers that differentiation and, importantly, a defined competitive advantage.

Stay ahead of shifting consumer trends with our AI-powered Trade Promotion Optimization solution. Our AI-driven solution provides insights into the underlying factors driving volume, such as promotion impact, portfolio cannibalization, competition, and market consumption. Rather than starting from scratch, we offer a platform-agnostic, fully automated, modular, and customizable advanced econometric and ML-based modeling engine. This engine is best-in-class, delivering fast results and even capable of constructing store-level models within your business's decision-making timeline. #AIDrivenInsights #VolumeAnalysis #PromotionImpact #CompetitiveAnalysis #MarketConsumption #AdvancedModeling #ML #Econometrics #BusinessDecisionMaking #RetailTech #involead

Family Dollar just launched two powerful AI platforms to transform their business: 1️⃣ Dunnhumby Assortment: Predictive analytics for optimal product placement 2️⃣ Dunnhumby Shop: Deep insights into consumer behavior and category trends Result? Tailored assortments, faster decision-making, and a laser focus on customer needs across 66 million shoppers! 🔍 Key Takeaway: AI is not just a buzzword—it's a game-changer for retail. It's helping Family Dollar boost sales and delight customers in a challenging market. 👉 Are you a retail owner looking to stay ahead? We can do the same for your business. Let's harness the power of AI to: --> Optimize your product mix --> Understand your customers better --> Drive sales and loyalty #RetailInnovation #AIinRetail #DataDrivenDecisions #RetailTech

Explore how Maestro AI can give your business a competitive edge. Book a meeting during the event: https://lnkd.in/gXfSWtzg hashtag #NACDSAnnual hashtag #MaestroAI hashtag #RetailTechnology

Retailers are constantly upping their game. To stay relevant branded FMCG players need to future-proof their commercial set-up to be their customers' preferred category partner. Leveraging data/tech automation and new ways of working to win in the market. IM_ has a battle tested approach for helping our clients to future-proof their commercial set-up to be fit towards 2030.  Want to know more? Please reach out to me or one of my colleagues.  #changewithimpact #AI #commercial #growth #transformation 

Revolutionizing Retail with Sagarmatha's ML Platform In today’s retail world, effective AI is essential for personalization and loyalty. Sagarmatha’s ML platform excels by customizing strategies to each retailer’s goals and delivering proven results. Our platform not only personalizes but also drives direct monetization, improving campaign performance and sales growth. With advanced technology and expert insights, Sagarmatha’s ML platform offers a competitive edge in retail, supported by successful global partnerships. www.sag121.com #RetailTech #AI #Personalization #CustomerLoyalty #SalesGrowth #Innovation #SagarmathaAI

Next week, we are thrilled to host a webinar on "Game-changing AI Trends in Retail." This event is inspired by ongoing discussions with retail leaders across Belgium, the Netherlands, and Germany. Key topics we will discuss, and why retail leaders (should) care: 1. Key Use Cases for GenAI in Retail: GenAI is the most transformative technological advancement of the past decade. This technology is revolutionizing every industry, and retail is no exception. Early adopters of GenAI can gain a significant competitive advantage in customer experience, operations, and commercial excellence. 2. Impact of the EU Pricing Directive on Price-Demand Relationship: The European Price Indication Directive (PID) aims to better protect consumers by demanding more transparency in price changes. This changes the landscape and requires retailers to be more thoughtful when setting prices, especially discounts. Traditional pricing methods, or even relatively recent pricing algorithms, have different impact on demand than before PID. Understanding and adapting to these changes will set forward-thinking retailers apart from the competition. 3. Effective Strategies to Reduce Product Returns: Excessive product returns, especially in apparel, lead to high costs, operational complexity, and reduced margins. In the field, we see that thoughtful, data-driven analyses and strategies can significantly improve return rates, thereby reducing associated costs and complexities. In this webinar, we will dive deep into these topics, share insights from our fieldwork, and guide you on where to start. Let's pioneer the future of retail together! 🌟 Looking forward to seeing you there! 🔗 https://lnkd.in/d2ZzyDYd #RetailInnovation #AIinRetail #GenAI #PricingStrategy #ReduceReturns #Webinar #FutureOfRetail #RetailLeaders #TechTrends