AI in Pricing, Workforce and Inventory Management for a Grocery Retailer

Blog

Efficient management of human resources, pricing, and inventory is essential to ensure profitability and customer satisfaction for large grocery retailers. We implemented an artificial intelligence solution for our client, enabling them to accurately plan staffing requirements and dynamically adjust prices for over 2,000 fresh products, optimizing the overall performance of their stores.

“Artificial intelligence has transformed our workforce and pricing management.”

Intelligent Resource and Pricing Management through AI

Our AI solution enables workforce management for more than 120 stores across Quebec and Ontario, generating forecasts for three to four weeks. Such planning offers employers a considerable advantage in optimizing the distribution of human resources. Employees also benefit from improved schedule management and planning tailored to their needs.

In addition to workforce management, our artificial intelligence model provides price forecasting for over 2000 product categories. Regular price adjustments, based on sales forecasts for a period of a few days, optimize margins while guaranteeing efficient inventory management. Based on deep learning and decision algorithms, this model has been finetuned to meet the specific needs of the retail sector. Thanks to this approach, our client can respond quickly to market variations and maximize store performance.

Contact Our Experts

AI at Your Service

Powered by agileDSS Group
Who are we?
What do we do?
Follow us
© 2024 agileAI Agency. All rights reserved