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Freshflow is helping grocery retailers fight food waste

TechCrunch

For years grocery retailers have been using data driven forecasting to help them predict demand to figure out which products to reorder to keep shelves stocked. ” “And because that is the opinion … until now, for the most part, retailers have just relied upon people to do this part.” That’s nothing new.

Retail 219
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Off the Shelf vs Custom Software: Making the Right Choice for Your Business

Trigent

Here’s all that you need to make an informed choice on off the shelf vs custom software. While doing so, they have two choices – to buy a ready-made off-the-shelf solution created for the mass market or get a custom software designed and developed to serve their specific needs and requirements.

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Chiper aims to ease inventory burdens for Latin American corner stores

TechCrunch

The way that retailers design their systems to visit corner stores means the stores have to buy more products to last a longer time between visits, but often don’t have the working capital or shelf space,” Bonilla told TechCrunch. “The All of the processes are connected with our technology that stakeholders access from an app.”.

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Hivery bags new money to automatically optimize product placement on store shelves

TechCrunch

Hivery , a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million in a Series B round led by Tiger Global, the embattled private equity firm, with participation from Blackbird Ventures, AS1 Growth Partners and OneVentures. We call it ‘hyper-local retailing.'”

Retail 197
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Gather AI secures new cash to scan inventory in warehouses using drones

TechCrunch

The proceeds bring the company’s total raised to $17 million, which CEO Sankalp Arora says is being put toward expanding Gather’s deployment capacity and go-to-market plans as well as hiring new machine learning engineers. So does Pensa Systems, Vimaan, Intelligent Flying Machines , Vtrus and Verity.

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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style. This changes the game for marketers.

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Machine Learning Use Cases: iTexico’s HAL

iTexico

Machine Learning Use Cases: iTexico’s HAL. The smart reply function utilizes machine learning to automatically suggest three different brief, customized responses to quickly answer any emails you may receive. Another example, coming from the retail industry, comes from Lowe’s as a method of effective store management.