Live brief
Retail Insight
InventoryInsight, supporting ASDA’s replenishment strategy, combines basic POS data and advanced machine learning to empower in-store associates on targeting shop-floor inaccuracies.
Description
Retail Insight's InventoryInsight is the inventory correction system that supports ASDA’s replenishment strategy. Through the combination of basic POS data and advanced machine learning, in-store associates can be alerted to make targeted counts on inaccurate items or it can be completely automated as all identified inaccuracies get instantaneously corrected within the central stock file. It offers a scalable alternative to manual audits, providing a clear, accurate view of what inventory the retailer has on-hand, enabling them to optimise product on-shelf availability, drive sales, and maximise customer satisfaction – both in the physical and digital store. For a retailer of $50Bn, they delivered incremental sales of $108m, removed $7.6m in perpetual inventory, as well as unlocking 10% of in-store associate time.- United Kingdom
- tom.c@retailinsight.iohttps://www.retailinsight.io/inventory-insight
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