Application of Generative & Agentive AI to Retalon Predictive Analytic Platform
The Challenge
Retailers today face major challenges in managing inventory. This project will modernize the decision-making process by upgrading Retalon’s platform with AI tools to simplify, accelerate, and enhance retail planning, ultimately revolutionizing supply chain automation for the retail industry. Store teams and planners will be able to ask questions in everyday language, receive clear and reliable answers, and simulate the impact of different choices, like moving stock between locations or adjusting orders. The system will also help identify when data might be wrong or incomplete, ensuring decisions are based on accurate information. Over a year, the project will reduce out-of-stocks and unsold inventory by 20 and 25% respectively, save time across departments, and help teams focus on what matters: getting the right products to customers at the right time.
“We have been building analytic solutions for the past 20 years, and this project allows to significantly improve adoption of advance forecasting and inventory flow, while removing the noise and complexity that often overwhelm decision-makers. By making advanced insights easier to access and act on, we’re helping retail teams focus on what drives performance.”
– Mark Krupnik, CEO, Retalon Inc.
Investment
$
0.9
M
Scale AI investment
$
3
M
Total investment
Partners
