In this episode of Retail Maverick Shorts, we embark on a journey into the world of retail assortment strategy, guided by the power of "What If" scenarios and cutting-edge AI technology. Our expert host delves deep into how retailers and CPG suppliers can harness the flexibility and insights offered by AI-driven assortment strategies.
Listeners will discover the significance of adapting to ever-changing customer preferences, even within a single metro area, and why this flexibility is essential for retail success, especially when dealing with major retail chains like Walmart and Target. We explore how robust data analytics and AI can fine-tune assortment strategies, enabling retailers to make data-driven decisions.
The podcast delves into the capabilities of "What If" scenarios, showing how they allow retailers to simulate changes in packaging, pricing, and more, helping them make informed decisions before implementing changes. Learn how AI can support various retail teams, from Marketing to Sales, in identifying growth opportunities and optimizing assortments.
Discover the hidden gems in your retail assortment strategy with AI-driven insights. Join us to uncover the superpowers that "What If" scenarios can bring to the world of retail.
AI's Role in Achieving the Perfect Assortment Space Contribution Index
AI's Role in Category Planning: Unlocking Secrets to Optimal Resetting and Cluster Design
Chadd Murphy and Lance Lockwood on how to solve top 5 pain points category managers face with HIVERY Curate AI
Scott Anderson and Dirk Herdes on simulating merchandising decisions with AI
Jon Duke and John Showalter on next-gen merchandising solutions to meet the coming retail challenges
Melissa Mann on store clustering and the challenges category development teams face
Scott Anderson and Zach Simpson on simulating new item success from innovation to execution at retail shelf
Heather Martin and Jackie Wightman on using AI to simulate the impact of human judgement
Steven Soderlund, CMA Board Category Advisor, on the future of category management
Michael Haase on how recipes can engage retail shoppers, increase their basket size and reduce waste
Brand Elverston on new emerging retail risks and inventory management challenges
Dr Gerardo Berbeglia on consumer irrationality impact on category management and future AI models
Jeff Ireland on the challenges and future of category management analytics
Ken Fenyo on the future of retailing: shelf edge messaging, hyper local assortments and more
Dr. Felipe Maldonado on the truth behind consumer rating influencing our buying decisions
Dan Sturman on category management in a world of constant change
Mark Lawrenson on the science of optimization methods and solving real-world problems more optimally
Zach Simpson on shifts in category management, artificial intelligence and making career changes
Tim Rowland on retail robotics and the future of senses
Dr Katrijn Gielens on the disruptive transformation of retail and strategies to adapt
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