talk-data.com
AI powered Assortment Planning Solution
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Description
For shop owners to maximize revenue, they need to ensure that the right products are available on the right shelf at the right time. So, how does one assort the right mix of products to make max profit & reduce inventory pressure? Today, these decisions are led by human knowledge of trends & inputs from salespeople. This is error prone and cannot scale with a growing product assortment & varying demand patterns. Mindtree has analyzed this problem and built a cloud-based AI/ML solution that provides contextual, real-time insights and optimizes inventory management. In this presentation, you will hear our solution approach to help global CPG organization, promote new products, increase demand across their product offerings and drive impactful insights. You will also learn about the technical solution architecture, orchestration of product and KPI generation using Databricks, AI/ML models, heterogenous cloud platform options for deployment and rollout, scale-up and scale-out options.
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