Assortment Optimization for Retail

Transform your retail operations with AI

OUR SOLUTION

Harness the power of your data

25%

IMPROVEMENT IN SALES PER SQUARE FOOT

Daisy’s AI-powered Assortment Optimization solution gives you the power to improve your assortments and outpace your sales targets. Where applicable, our algorithm can adjust recommendations to reflect changes in product availability and consumer behaviour.

Our solution overcomes pandemic-related challenges, helping you meet financial objectives while addressing customer needs.

Female grocery employee checking inventory with tablet

With our Assortment Optimization Solution, retailers can:

Optimize their assortment for maximum impact against their business goals

Leverage customer responses to past promotions, sales data, and other factors

Subsequently identify assortments that will meet their objectives – sales, margin, transaction, and more

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Female shopper grabbing vegetables to add to full shopping cart

Our solution helps retailers:

Provide customers with the products they want and need

Increase total store sales in effect

Subsequently generate increased revenue

Book a demo →

Female grocery employee checking stock with tablet

Our Assortment Optimization Solution helps retailers:

Reduce losses associated with excess inventory and stockouts

Reduce labor associated with excess inventory and stockouts

Improve profitability in effect

Book a demo →

Male grocery employee stocking shelves in produce aisle

Our solution ensures retailers are:

Carrying the products that matter most to their customers

Improving upon the overall store experience

Subsequently building a better customer experience and growing customer satisfaction

Book a demo →

BUILD A MORE PROFITABLE SALES MIX

Action Halo Effects with AI to meet customer needs

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Build a more profitable sales mix without raising prices using the Halo Effect whitepaper

Robust assortment recommendations

Daisy recommends the optimal range of products to meet customer demands, but Merchandising Teams always remain in control. They set the optimization objectives and always have the option to accept or reject a recommendation. Daisy’s recommendations can be provided by region, store clusters, price zone, and even store, and can support both near and long term planning.

Cutting-edge AI

Our technology is based on the mathematical domains of reinforcement learning and optimal control. Daisy employs multiple AI-based methodologies and a proprietary mathematical theory (Theory of Retail™) to provide our clients with specific, actionable, ranked recommendations and decisions that are beyond human ability.

AI made simple

Our patented software runs autonomously, preventing human error and inefficiencies in your assortment planning process. Daisy takes the complexity out of artificial intelligence; we provide plain-language explanations for all our recommendations.

Assortments optimized for product Halo

Our Assortment Optimization Solution leverages the Halo Effect to generate product assortment recommendations that maximize Total Store Impact, accounting for factors such as customer preferences, sales data, and market trends.