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11 minutes

Coresight Matrix: AI Software for Optimization

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Derek Fang
John Harmon, CFA, Managing Director of Technology Research
Steven Winnick, Vice President—Innovator Services
Insight Report

What's Inside

This report is part of the Coresight Matrix series, to help readers better understand what is happening in key segments and with key players in retail technology. This report examines the artificial intelligence (AI) for optimization segment and uses our Coresight Matrix to evaluate leaders and emerging players.

In particular, we look at how machine learning-powered AI can help with:

  • Pricing: Optimizing pricing and discounting to bolster revenues, margins and profitability.
  • Inventory: Optimizing inventory to have the correct amount and value of inventory to avoid margin-depleting markdowns and to free up cash.
  • Assortment: Optimizing assortment enhances profitability, avoids markdowns and excess inventory.
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