Overview

The retail industry depends heavily on the correct product selection, and availability of the product at the right time and place. It has become critical to digitizing merchandising to have the proper product selection for the right market. Artificial Intelligence (AI) technologies help merchandisers make the right decisions on product selection for the right market. Machine Learning and analytics can predict the demand for products in a region and influence the pushing of products in others.

Logistics operations play a critical role for Retail companies to ensure low stock maintenance and just-in-time delivery to local stores. Large retail players can take advantage of scale purchasing and, simultaneously, ensure the local availability of products. Intelligent automation, with the help of AI and Robotic Process Automation (RPA), is playing an integral role in streamlining logistics for the retail industry.

Features and Benefits