Machine Learning for Retail: What? How?
AI-based Data Intelligence technologies are becoming available in numerous industries including Retail and FMCG. Now it is best time for consumer goods companies to benefit from them as well - to better communicate with customers, increase sales excellence and dramatically dominate their “more traditional” competitors.
Machine Learning and Data Science allows FMCG companies to feed their sales team with impactful and actionable intelligence, by generating valuable insights and present the best task recommendations.
By implementing AI for FMCG means adding innovative solutions to the existing sales tools, including solutions like Image Recognition powered by Computer Vision, Machine Learning and Deep Learning, Advanced Reporting & Analytics, VMI, etc.
Effectively using Artificial Intelligence Retail companies can leverage multiple data streams, enables well-informed decisions on where to go and what to do based on patterns and insights coming from the data, obtains more detailed and more predictive insights, plans deliveries in order to guarantee stock availability and to maintain the optimum inventory levels, and much more.
As a result, your sales representatives are able to perform their very best every day.