How does CrowdANALYTIX help with retail and CPG?
CrowdANALYTIX applies the latest in data science to achieve your automation and cost reduction goals. Our solutions are deployed on a secure, scalable server and integrated via APIs. Our consultants first understand your business challenges and then custom-build a scalable solution by selecting the best models, enabled by our community of over 25,000 data scientists.
What are the benefits of working with CrowdANALYTIX?
Many AI and digital transformation initiatives fail for three primary reasons:
1) Business challenges are not translated correctly into data science problems;
2) Data is not structured and is not ready for analytics;
3) Not enough is done to eliminate biases and arrive at an optimal solution.
Our unique approach has helped several global enterprises avoid these failure points and successfully scale AI solutions.
Our 4-week program explores your unique business challenges and delivers a customized AI roadmap. Achieve AI-driven business growth via improved efficiency and new revenue streams.
You accumulate terabytes of content in the form of images, videos, audio and text. We auto-tag these documents so that you don’t need to do so manually.
Our custom platform to build, manage, and deploy a suite of AI models for your business DevelopX handles everything needed to maintain relevant, profit-boosting, swift AI models.
Making your internal models API enabled and auto-scaling. Continuous monitoring and optimization is part of the package.
How it works
Our four step process starts with defining your AI roadmap and ends with maintaining and tuning your production solutions.
We evaluate your current data and business challenges to prioritize the areas that can yield the highest, fastest ROI. We can take your business all the way from mapping out an AI strategy and structuring data, to building, managing, and deploying the most complex AI solutions.
Data is handled securely either within your premises or with appropriate anonymization and encryption.
Retail & CPG
We help retailers simplify shopping and minimize costs across the supply chain.
Autonomous Master Data Management
Automatically extract structured tags, attributes from unstructured data like images, videos, audios and text.
Product Content Health
Measure content health to improve online sales & ensure compliance across retail stores in accordance with brand guidelines
Dashboard for category captains to determine the optimal assortment on product attributes, transaction data and consumer buying behavior customized to each store.
Store Energy Management
Evaluate energy utilization across stores and provide specific recommendations to minimize energy costs.
Food Waste Reduction
Minimize food wastage by accurately predicting demand and optimizing sourcing of products by store.
Forecast demand by product type and elasticity of products across stores.
Optimize inventory by predicting which products need to be stored and in what quantity by analyzing consumer demand, competitor pricing and product elasticity.
Price & Promotion Optimization
Dynamically update pricing and production based on shifts in consumer demand and buying behavior.
Predict order-to-cash timelines by product type and vendor and automate purchase decisions.
Optimize the mix of vendors by store and by product type based on models that predict consumer demand by product, by product attributes and by brand.
Customer Feedback Analytics
Automate analysis of customer feedback to influence product design, marketing, store layout and other business decisions to make shopping easier.
Predict flight risk of employees and prescribe recommendations to maximize retention and Productivity.
Case studies: Retail & CPG
Top 3 US retailer
Automatically extract product attributes from product descriptions for over 10 million product attributes each day.
Top German Retailer
Automatically extract product attributes from product packaging images in store to compare specific product variations with the information in the Product Item Management System
Top US Home Improvement Retailer
Auto-classify products into over 6000 product types and determine the best display taxonomies, search keywords, product titles and image captions for the product display pages of each product in the online catalog.
Top Japanese Retailer
Dynamically predict price and promotional discounts and integrate with eTags in the store multiple times a day to maximize profitability and revenues.
Top European CPG Brand
Predict orders by product and customer for over a billion products sold every year and use the top predictors to optimize the order to cash process.
Top US Breakfast Cereals Brand
Audit the quality of product data and suggest improvements to maximize sales through online channels.