Innovative Hyper-local Retail Solutions Garner Acclaim from Industry Leaders, Driving Retail and CPG Transformation

HIVERY's Double Win: Retail Tech 100 & Fast Company's Most Innovative Companies

Discover better retail assortment strategies. Explore the power of Basket Builder and Conversion Builder approaches using AI 🚀. #RetailTech #HIVERYCurate #BasketBuilder #ConversionBuilder

Retail Assortment: How AI is used in Basket Builder and Conversion Builder Strategies

We're thrilled to announce that @HIVERYai has been named to @CBinsights' prestigious Retail Tech 100 List for 2023! This recognition is a testament to our hard work, innovation, and impact in revolutionizing merchandise planning and supplier-retail collaboration through the power of hyper-local retailing. #RetailTech100 #HyperlocalRetailing #MerchandisePlanning #InventoryManagement #RetailInnovatio

HIVERY Named to the 2023 CB Insights’ Retail Tech 100 List In The World

Explore the concept of hyperlocal retailing and its impact on assortment optimization within the retail industry. Our recent blog post delves into the importance of customer behavior-based hierarchies for success.

Hyperlocal Retailing: Shifting Focus to Customer Behavior-Based Hierarchies

Navigating retail negotiations and assortment planning can be complex, but AI-powered tools like HIVERY Curate simplify the process. With real-time strategy simulation, you can analyze the financial impact of decisions and defend your position with transparency. By leveraging store-level data, HIVERY Curate helps fine-tune assortment-space strategies to align with shopper preferences, increasing confidence in your plans and achieving mutual alignment quickly. It's time to break down traditional barriers and adopt a data-driven approach for a retail space that delights shoppers and boosts performance.

Revolutionizing Retail Negotiations: The Power of AI in Creating Store-Level Assortment Strategies

The podcast emphasizes that retailers must change their processes to leverage new ways and use AI-enabled rapid decision-making to optimize retail clusters, planograms, and assortments to stay ahead in the competitive retail industry.

AI's Role in Category Planning: Unlocking the Secrets to Optimal Resetting and Cluster Design

Want to understand your customers' behavior and make informed decisions about your product assortment? Check out HIVERY's Demand Transfer Model! This cutting-edge technology uses data analysis techniques and machine learning algorithms to identify shopper behavior patterns and comparable group products into categories based on their competition for sales. Learn how to optimize your sales strategy and unlock the secrets of latent shoppers with HIVERY's Demand Transfer Model.

Unlocking the Secrets of Latent Shoppers: HIVERY's Demand Transfer Model Explained

HIVERY's most notable technical achievement is the algorithmic engine used in Curate. Leveraging machine learning & mixed integer programming, it optimizes retail strategies by discovering store & assortment relationships using store-level data. This provides actionable, granular insight for better assortment strategy in minutes, giving retailers an edge over traditional planning tools.

HIVERY Named to Fast Company’s List of the World’s Most Innovative Companies for 2023

Due to these challenges, the article suggests that many available assortment solutions are obsolete or less effective. To address this, a new way of thinking is needed. The article discusses the evolution of assortment management solutions in the industry, including established leaders and promising newcomers like HIVERY, which contributes to the "Assortment as Service"

Innovating Category Management: Assortment as a Service Now

HIVERY has announced the appointment of Kyle McKenzie as its new Vice President of Engineering, bringing technical expertise and leadership skills to the team. The company aims to revolutionize retailers' assortment and space decisions using proprietary machine learning and applied mathematics algorithms.

HIVERY welcomes Kyle McKenzie as Vice President of Engineering and former senior engineering leader at Fabric, an e-commerce unicorn.

If you get the fundamentals right, everything else often falls into place. And in retail analytics, there are a number of fundamentals to grasp.

Selecting the right range of products to stock, and then arranging them perfectly on a shelf to maximise sales is a delicate balance.

Assortment optimization

You need to be a master of many trades to nail category management, but there are a few tools that can help.

Category management

Staying up-to-date is key to staying ahead of the game. What level of vending machine technology are you at now?

Vending machine technology

If you’ve already tried everything in getting your trade promotion right, and you’re concerned about promotion fatigue, perhaps you need to keep looking.

Retail trade promotion optimization

Planograms are the final step in a massive investment of time, and money, but how are you sure you’re getting them right without human judgment or “bias”?

Familiar fundamentals, radical approach