Fraser Neil: Vice President – CPG of Trax Retail was featured today in LinkedIn’s article “The Role of AI in Optimising Shelf Space: A Deep Dive into Transforming CPG Retail Execution.” He talks about how in the current evolving Consumer Packaged Goods (CPG) landscape, optimizing shelf space is more critical than ever for retailers and CPG companies alike.
In addition to the Importance of Shelf Space Optimisation and how to maximize use of shelf space, he talks about how AI-powered image recognition solutions are game-changers in optimising shelf space and enhancing retail execution and how “one company at the forefront of AI-driven shelf space optimisation is Trax Retail.”
The algorithms can help Detect Out-of-Stock Items, Monitor Planogram Compliance, Analyse Shelf Share and Product Placement along with Identify Pricing Discrepancies. This helps work with our platform that looks at Real Time shelf monitoring, actionable insights and efficiency for your business overall.
Overall, Embracing AI-driven strategies and technologies is no longer an option but a necessity for success in the evolving CPG retail industry – already adopted by many top global brands to date.
Find out more at https://www.linkedin.com/pulse/role-ai-optimising-shelf-space-deep-dive-transforming-fraser-neil-ygyoe/