Retailers and CPG’s are investing in AI and new technologies, aiming for smoother operations and increased profits. However, AI alone isn't a cure-all; it's a tool that requires a solid foundation to be effective. Consider a leading CPG brand facing common challenges: ↘️ Empty shelves losing sales ↘️ Warehouses packed with unsold goods ↘️ Money stuck in products that aren't selling They initially turned to AI solutions, expecting immediate fixes. However, without addressing core issues—such as outdated shelf auditing and fragmented data, these solutions fell short. Partnering with Arpalus brought a transformative approach. By implementing (in few days) real-time shelf analytics through a user-friendly smartphone app, the brand achieved: 🚀A 3.4% increase in sales 🚀A 4.8% improvement in pricing strategies 🚀A 5% reduction in out-of-stock incidents 🚀A 6% enhancement in on-shelf availability Arpalus technology provided immediate product recognition and actionable insights, enabling the brand to optimize inventory management and shelf compliance effectively. The key takeaway? While AI can enhance operations, it's essential to first address foundational inefficiencies. With Arpalus, retailers can build this strong foundation and then leverage technology to drive significant improvements. Are you ready to transform your retail operations with real-time shelf analytics? Discover how Arpalus already provide tailored solutions to enhance business performance and in-store execution. https://lnkd.in/duaFcG6u #GroceryRetail #FoodIndustry #Innovation #Retailinnovation #Retailtech #ComputerVision #AR #InStoreTechnology #RetailOperations #RealTimeData
Former President Bed Bath & Beyond/Chairman Emeritus Conference of Presidents/Venture Capital
4dA phenomenal tool with easy implementation!