AI Use Case
Optimise in-store product assortment to maximise sales
Optimise in-store product assortment to maximise sales. Store assortment choices may vary by location, customer demographics and seasonality for example.
Function
Benefits
Revenue - Customer proposition optimisation (content)
Case Studies
Coca-Cola~Coca-Cola Hellenic covers 3.6X more stores by automating in-store inventory audits using image recognition,"HARPS~Harps Food Stores, increases sales by 5% by optimising decision-making around pricing and promotions using machine learning"
Potential Vendors
Trax Retail,Daisy Intelligence
Industry
Consumer Goods And Services
Retail General
Data Sets
Structured / Semi-structured
AI Technologies
Machine Learning (ML),ML Task - Action Selection - Reinforcement Learning ,ML Task - Prediction - Regression,Traditional AI