AI is a step forward in automation that is changing retail Industry. AI enables retailers to drive sales and anticipate demand, to gain a better understanding of consumer behavior and to offer highly accurate individualized promotions. AI will likely have a significant impact on the retail industry, and retailers that aim to remain competitive cannot ignore the potential benefits of this technology.
Powered by our AI Engineers and Data Scientists, we provide solutions for retail companies.
Make AI Work For Your Retail
Inventory management is a challenge for retailers since having too much of inventory is a costly affair, while merchandise being out-of-stock leads to lost sales and customer frustration. Our engineers can help your team in inventory management which reduces the uncertainty of maintaining stock levels by monitoring supply chain, market and consumer demand variables.
AI helps retailers to be available at each step of customer journey through responding to customer texts, images and links. Chatbots have stepped onto the scene as an extremely multi-faceted tool for reaching and connecting with customers. Our engineers can help you in building a chatbot who can answer questions by responding to text, images and links.
In retail management, forecasting serves to predict and meet the demands of consumers in retail establishments while controlling pricing and inventory. Holding excess inventory adds to overhead costs for a business. When forecasting helps the retailer to meet the demands of the customer by understanding consumer purchase patterns better, the result is more efficient use of shelf and display space within the retail establishment, in addition to optimal use of inventory space.
Dialog modeling is used for building dialog systems and finding its applications in various business enterprises like healthcare, education, entertainment, etc.
Answering customer questions about products and services
Facilitating transactions through guidance in the sales process
Responding to customer questions
Website navigation: Guiding customers to relevant portions of complex websites.
Personalized services. For eg: answering questions related to orders, bookings, etc.
We help build and incorporate dialog systems into applications that can benefit your business from a dialog based approach.
Document classification or document categorization is a problem in library science, information science, and computer science. The task of document classification is to assign a document to one or more classes or categories. This can be done "manually" (or say "intellectually") or algorithmically.
Our engineers can help you figure out the ontology of the document classes; work with your team to clean the data and build scalable classification solutions that can be used for classifying variety of documents from emails, user manuals, news, chats, etc.
Information Retrieval is the technique of obtaining structured or unstructured data that can satisfy information need from within a large pool of data stored in computers.
We can perform full-text information retrieval or build specific content based indexing. Depending on the requirements, we can build models for text documents, images, audio, mind maps or videos.