As you might have guessed we are so passionate about data and believe it has its know ideas that we in fact trademarked the words: Data Has a Better Idea! HIVERY believes data has better ideas. so this post is about why Data has a better idea™, specifically how machine learning learns uses data to discover these new ideas

Retail is a tough game, and optimizing your choices can be incredibly difficult. With the ever-growing number of SKUs to choose from, limited shelf space, and supply chain complexity, retailers and Consumer Packaged (CPG) companies are increasingly under pressure to get assortment right. Enter Artificial Intelligence (AI).

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HIVERY climbs to rank 77 from 82 in The Financial Times Asia-Pacific High Growth Companies of 2021 powered by its AI category management optimization solution - HIVERY Curate

The pandemic has brought significant changes to the formats and operations of retailers and supermarkets. It is expected, then, that variations around shelf space and product assortment will also arise.

We often hear that the future of Consumer Packaged Goods (CPG) and retail sectors begins with Artificial Intelligence (AI), and that technology is disrupting the industry today.  But how exactly can AI shift category management? How can it improve different stores with different requirements? To help you learn about how AI is optimizing your shelf space utilization, here is everything you need to know about it.

Retailers nowadays are facing challenges in the form of trend shifts, behavioural changes and technological advancements. This is why a commitment to continuous renewal and transformation is a must to remain competitive in the market but these technological advancements also impact category management roles both in retailer and CPGs side.