When customers go shopping, they expect to be able to find the products they want at a convenient location at the right price point. Pulling this off effectively and consistently requires retailers to consider disparate types of information including an in-depth analysis of the supply chain and consumer purchasing trends. In short, coming up with a cohesive strategy often involves a lot of educated guesses.
But it doesn’t have to be this way.
Artificial intelligence is here to help. Data management services can help companies ingest and consolidate large amounts of data from different sources in varying formats, detect patterns and respond in real time with a retail data analysis.
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