Keeping Up With Data Transformation
The retail industry is one of the most competitive markets with versatile customers and increasing pressure from online competitors. Retailers aggregate valuable customer data from all types of sources but often fail to take full advantage of it, resulting in high inventory costs and fragile customer loyalty. To streamline operations and improve retail experience, managers need to embrace machine learning tools.
Why Prevision.io for Retail?
We believe in building highly efficient predictive models that are immediately deployable, scalable, and accessible by users without a data science background. Prevision.io helps retailers accelerate their data science projects by empowering business experts with machine learning solutions while reducing time spent in implementation.
Start using Machine Learning models in Your Operations.
Prevision.io's automated machine learning platform provides pricing and revenue optimization solutions. Thanks to advanced clustering techniques, retailers can better evaluate the potential impact of sales promotions on inventories and estimate the right price for each product based on seasonality and price elasticity. View the use case
Customer intelligence is critical to understand your clients’ future activities and changing lifecycles. The increased speed of information processing due to Machine learning drives more profound insights into customer behavior and enables retailers to predict Churn, UpSell, and Cross-Sell opportunities more efficiently. View the use case
Supply Chain Optimization
Supply chain data and analytics can provide retailers real-time insight into area performance and logistics. Prevision.io’s automated machine learning platform can generate predictive models for operational efficiency with streamlined logistics functions and optimized supply forecast. View the use case