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24 minutes

AI for Merchandising: Applications, Implementation and Benefits Abound

Primary Analyst:
Vijay Doijad, Analyst
Contributors
Primary Analyst:
Vijay Doijad, Analyst
Sector Lead: Steven Winnick, Vice President—Innovator Services
Other Contributors:
Manik Bhatia, Head of Custom Research
Deep Dive

Download the free full report.

What's Inside

A unified view of operations and data is essential for the effective planning and execution of merchandising strategies. By leveraging artificial intelligence (AI), retailers can realize this unified view, enhancing their forecasting accuracy, enabling hyper-localization, delivering superior customer experiences and, ultimately, boosting profitability.

In this research report, we dive into the transformative impact of AI on merchandising within the retail industry. Gain actionable insights on the key steps required to successfully integrate AI, and understand the technology’s significant benefits.

This report is made available to non-subscribers of Coresight Research through its sponsorship by Board.

Data in this research report include proprietary survey findings on:

  • Percentage of gross sales lost to store inefficiencies across store-related business functions
  • Extent of challenges that retailers face across store-related business functions
  • Levels of investment in automated inventory tracking systems

Other relevant research:

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Download the free full report.