HIVERY has appointed Ian Goodwin as its new Chief Product Officer, continuing the company’s growing momentum as a pioneer of next-generation hyper-local retail assortment strategy simulation & optimization solutions.

Today C-store retailers spend months strategizing, planning, and negotiating with hundreds of suppliers to determine the right SKU assortment and space mix for their stores. With AI, C-store teams can rapidly find a more business strategy and data-driven approach to determining the assortment and space makeup of their individual stores and work accordingly with their suppliers. AI can determine C-store’s SKU selection and space allocation at a hyper-local level or at any cluster count you wish. Read more...

Sydney, NSW, Australia— October 13, 2022 — HIVERY, a leader in innovative AI-driven retail assortment strategy simulation & optimization solutions, announced as a winner of the 2022 Premier’s NSW Exporter of the Year in recognition of its innovative retail software that now has clients right across the world. HIVERY also was the 2022 category winner for Advanced Technologies. This news comes just months after CB Insights named HIVERY in their world Retail Tech 100 rankings and their Series B investment round from Tiger Global.

In this webinar (converted to a podcast) hosted by Category Management Association; IDC’s Jon Duke, Vice President of Research and Retail Insights, and HIVERY's John Showalter, VP of Client Services, discuss the coming merchandising challenges for retailers and CPGs as well as the next generation of software solutions that help solve them. As investment in AI in retail accelerates, and its adoption increases, we are rapidly moving from the future-focused, more-visionary-than-practical approach into a world where next-gen tools deliver practical value. International Data Corporation (IDC) is the premier global provider of market intelligence and advisory services. IDC examines consumer markets by devices, applications, and services for clients. Jon Duke, IDC's Vice President of Research and Retail Insights, leads the Intelligent Product Merchandising and Marketing Strategies practice and is responsible for delivering IDC Retail Insights’ authoritative perspective on how retailers can leverage technology solutions to achieve key operational, tactical, and strategic objectives across merchandising and marketing functions. Jon provides global, fact-based, retailer-driven research and analysis that IT buyers and merchant users can use to gain an advantage. International Data Corporation (IDC) is the premier global provider of market intelligence and advisory services. IDC examines consumer markets by devices, applications, and services for clients. John Showalter, HIVERY’s VP of Client Services, is a seasoned category management and shopper insights professional with 30+ years of experience. John has held senior roles at Kellogg, Bayer, The Coca-Cola Company, and Red Bull driving business outcomes and capabilities in Category Insights, Shopper Research, and Insights, Space Planning as well as Training and Capabilities. He is a CMA Certified Professional Strategic Advisor and has worked on CMA's Evolution of Category Management in an Omnichannel World project.

Melissa Mann, former Procter & Gamble Senior Category Development Account Executive, talks to Milena Salmon from Retail Mavericks about the idea behind store clustering, the challenges category development teams face, and why providing assortment relevance and efficiency is now becoming extremely difficult as more data, merchandising constraints, and category goals grow.

While demand forecast methods today offer directional insight, they are a relatively blunt instrument and not equipped to handle the precision needed to answer strategic questions like What is the value of going store-specific? What is the opportunity to re-optimize the existing clusters strategy? What is the impact of going neutral on Points of distribution (POD)?

Over the past 18 months, HIVERY has seen impressive growth working with 25 of the top 50 global Consumer Package (CPG) Brands and in over 100 categories. This has attracted new capital with the completion of the Series B round, media attention from recent TechCrunch reports and industry analysts, prompting CB Insights to name HIVERY as one of the top 100 retail tech companies in the world.  To this end, we are super excited to announce the appointments of Emily Yost and Brian Ruhaak as our newest Sales Directors.

One of the biggest value drivers for retailers is rapidly deciding and delivering store-specific SKU selection, space allocation, and planograms at scale. However, the industry continues to struggle with harnessing diverse datasets and AI-driven analytics to unlock this opportunity. Register and learn how grocers, amongst other things, can quantify the financial outcome of any assortment decisions and rapidly execute the best merchandising strategy at the store level.