Price inflation pressures shoppers budgets and retailers margins.
Large national retailers leverage cost of goods to win back store traffic lost during the pandemic.
Elevated shoppers expectations with free same day and 2 hour delivery from AMZN and WMAT.
Online grocery accounts for 8% of the $1T grocery category lagging other retail categories, Krogers goal is to double online sales in 2 years making online grocery a strategic opportunity.
Third party online fulfillment like Instacart provided stop gap solution to retailers, but at the expense of losing last mile customer experience. WMAT, TARGET, AMZN, Kroger, Albertsons built their proprietary direct online fulfillment as strategic part of their omnichannel growth.
Instacart is offering Convenience Hub for customers to shop convenience essentials from their favorite store 24/7 with free priority delivery in as fast as 30 minutes.
The AI enabled analytics provide are built on unified data layer without the need to disrupt existing legacy retail systems.
Modernize Out-of-Stock program for omni fulfillment and drive at least 10% reduction in OOS over baseline. Top/Bottom Lines.
Modernize Shrink by 10% over baseline to provide shoppers better value on aging produce with (TempPriceRed), show measurable sustainability efforts while improving profitability.
Automate buyers daily routine order writing activities using AI enabled demand forecasting and replenishment to free staff to focus on exceptions and new data signals.
Make volume online order picking faster and more efficient leveraging multi-order picking and delivery software and assortment optimization.
Data products using AI/ML and analytics are deployed and fully operational in 60-90 days with pay as you go OPEX model.
Obase and Data Republic’s mission is to make it practical for independent retailers to operationalize retail AI applications to make store based omnichannel fulfilment faster and more efficient. The core offering of the OBASE suite is productized service model that is configurable and pre-built retail applications for demand forecasting, omnichannel inventory optimization, assortment optimization, and picking/last mile delivery. Applications are deployed and operational as a cloud service in 60-90 days.
Contact us and we will contact you within 24 hours.
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