This Retail Maverick Shorts podcast episode focuses on Product Line Reviews (PLRs) and the role of AI, particularly HIVERY Curate, in overcoming common challenges.
PLRs, crucial for retailer-supplier collaboration, often suffer from transparency gaps, resource limitations for small suppliers, alignment dilemmas, and withheld information.
AI solutions like HIVERY Curate serve as a solution by using data to foster transparency, enabling real-time simulation of shopper strategies and outcomes. It aids small suppliers by understanding shoppers and highlighting products effectively. Acting as a retail GPS, it guides alignment by suggesting growth paths based on data-backed insights. With AI's assistance, collaborative scenario planning becomes possible, driving informed decisions.
The podcast highlights the transition towards data-driven solutions, where AI tools like HIVERY Curate initiate productive discussions, benefiting retailers, vendors, and shoppers alike.
The Role of AI in Planograms: Driving Sales and Enhancing Supplier Negotiations
How AI Drives New Product Innovation & Measure Impact
Russ Hawkins Russ Hawkins on Unlocking the Future of Retail: Challenges and Data Insights
How does AI help with assortment deletions and additions?
"What If" Scenarios: Exploring Assortment Strategies with AI
6 AI-driven use cases for scenario analysis and strategic assortment planning
Unveiling Edge Assortments: AI's Hidden Retail Gems
Unveiling the Retail Truth: Why Shoppers Lie and How AI is Changing the Game
Penelope Murdoch on Retail Transformation and Designing AI-Driven Products
Why Optimizing Demand Transfer at the Store Level Matters
"The Chameleon Effect: Unmasking the Dichotomy of Consumer Behavior
Dirk Herdes and Jackie Wightman on Leveraging AI Towards Locally Relevant Shelves
Test Shopper Insight Hunches & Introduce Innovative Strategies To Your Retailer
Navigating Price Strategies: The Delicate Balance in the Retail Industry
Mastering Price Pack Architecture with AI: Optimizing Assortment Across Retailers
Tyson Foods' AI-Driven Journey to Innovation & Brand Protection at Target Stores
The Power of “Item Pairing” in Assortment Strategy Scenario Simulation
Solving the Assortment Optimization Conundrum: Balancing Hyper-Local Retailing with Store-Level Operations
AI's Role in Achieving the Perfect Assortment Space Contribution Index
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