Guide - Enabling Retail Space Planning With AI
Did you know that around 90 percent of organizations fail to execute their strategies effectively and reap their full benefits?
In many ways, the retail industry is changing faster than ever before. Because of this, it can be a challenge to keep up with things like shopper insights, demand changes, market shocks (i.e., supply chain issues, COVID-19), new merchandising constraints, and changes to business targets on revenue and volume. However, new technologies are emerging that have the potential to revolutionize the way retailers operate.
This guide will explore how AI can deliver operational efficiency and collaborative power decision-making with a real client project. Using our AI solution, HIVERY Curate, we optimized their existing clusters by leveraging store-level data. This analysis guided the client's decision-making, potentially saving or gaining millions—all completed in minutes, not months.