The aifora retail automation platform enables retailers to optimize their pricing and inventory and automate the underlying processes using AI, thus driving revenues and profits.

About

The aifora retail automation platform enables retailers to optimize their pricing and inventory and automate the underlying processes. Using data from the retailers’ ERP systems (sales data, inventory data, etc.) as well as external data (weather data, market data, etc.), our machine learning algorithms forecast future consumer demand. Based on the forecast demand, pricing and inventory management can be optimized in real-time across all sales channels, thus driving revenues and profits.

Key Benefits

Through more accurate forecasts of demand and optimized price and stock management processes, we promise retailers a 3-6% increase in revenues, 2-8% increase in profits and 5-25% reduction in inventories.

Applications

The aifora retail automation platform and corresponding cloud servies can be used by retailers of all sizes from all retail segments and across all sales channels.

Register for free for full unlimited access to all innovation profiles on LEO

  • Discover articles from some of the world’s brightest minds, or share your thoughts and add one yourself
  • Connect with like-minded individuals and forge valuable relationships and collaboration partners
  • Innovate together, promote your expertise, or showcase your innovations