Arcanum can significantly increase the number of AI machine learning systems that are deployed inside your retail business to help you gain a strategic focus on the retail challenges with the largest returns.
With the lack of data scientists available for hire, Arcanum can help you transform your skilled business analysts into citizen data scientists. Guardrails built within the Arcanum platform ensure you can democratize AI across your organization - safely.
Arcanum helps transform your business from one that makes decisions based on past events to one that makes strategic decisions based on what will happen in the future.
With models that continuously learn from past behaviour, Arcanum can help easily predict the next best offer for your customers.
One of the biggest challenges’ retailers face is determining how much product inventory—and what types of products—they need to have on hand in order to meet the expected demand from consumers. Arcanum helps retailers improve their ability to predict consumer demand for goods using automated machine learning.
With many retailers closing stores or reducing their store footprint due to online competition, retailers are more aware than ever of how important it is to locate stores where the customer has convenient access. Arcanum can use your data to help you identify the best sites for opening new stores, as well as where to expand, reduce, or close stores without cannibalizing the sales of existing stores.