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"

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

Potential Vendors

Trax Retail,Daisy Intelligence