“We’re bringing in Formulate’s promotions analytics software to better evaluate past promotions and develop stronger promotions going forward.”
Retail AI specialists, Formulate, and global IT solutions provider, NEC XON Retail Solutions (Pty) Ltd., have entered into an agreement to provide best-in-class analytics to retailers across Africa.
Regardless of whether the objective is volume, profit, or both, baselines are retail’s benchmark.
Advances in machine learning have met the decreasing cost of processing data. The result: AI is now within reach of traditional retailers. But how should retailers grasp it?
In this, the fifth and final post of our coronavirus and grocery retail report, we explore the role of promotions both during and after the pandemic.
In this, the fourth of five posts dedicated to coronavirus and grocery retail, we explore the relationship between Covid-19 and retail technology.
In this, the third of five posts dedicated to coronavirus and grocery retail, we explore how Covid-19 is changing how we shop, and the implications this may have for bricks-and-mortar retailers.
In this, the second of five posts dedicated to coronavirus and grocery retail, we explore how changes to supply and demand is affecting retailers.
In this, the first of five posts dedicated to coronavirus and grocery retail, we’ll explore how changes to the household economy could affect retailers, and how retailers can respond to the challenges this might pose.
Formulate analyses and forecasts all your promotions, past and future, so it's easier to see what’s working and what’s not, make better and faster decisions, and succeed with supplier negotiations.