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The power of prediction: AI-based analyses

Dear Sir or Madam,

How illuminating it would be if you knew today what will happen tomorrow! Thanks to the use of AI-supported analytics tools, you can get at least a little closer to this superpower. For example, retailers can align their stock levels with customers' future demand.

Join us in looking to the future,
Your team of EuroCIS
www.eurocis.com

AI-assisted inventory management in food retail

How SPAR, denree and co. use the power of prediction

Fruit and vegetable section of a SPAR supermarket in Austria; Copyright: SPAR/Foto Karg

Large quantities of fresh food spoil quickly if retailers keep too much in stock. Artificial intelligence helps to predict daily customer demands more accurately. This allows food retailers to save resources, which benefits both the company and the environment.

Take a deep dive into how AI is revolutionizing shelf planning

Do retail CEOs place too little value on predictive analytics?

A person holds a tablet in their hand, a virtual shoe floats above it and in the background are other symbols that are supposed to stand for AI; Copyright: First Insight

A new study by First Insight shows that CEOs and their management teams view artificial intelligence differently. The CEOs rate the potential of predictive analytics below their colleagues.

Discover the key findings at EuroShop.mag

Colruyt tests in-house developed Smart Cart

A shopping cart with a display on the handle; Copyright: ColruytGroup

The Colruyt Group has developed an intelligent shopping cart that automatically scans and recognizes items. This technology is now being tested live in a Colruyt Lowest Prices store in Belgium.

You can find more details about the Smart Cart at EuroShop.mag

Could retailers increase their profits by using AI pricing technologies?

A man stands in front of a glass wall behind which many different virtual displays of statistics can be seen; Copyright: Coresight Research/competera

Amid economic volatility and inflation, retailers are under pressure to optimize pricing and maximize customer loyalty. A study by Coresight Research looked at how the use of artificial intelligence can help with pricing.

Learn more about the power of AI for retail revenue

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