Data-driven retail management

Data & Technology
The topic combines data-driven planning of retail space, planograms, pricing and promotions with the use of AI, automation and new GS1 2D codes.

Key questions and insights

How are data linked with assortment, space and pricing planning in retail management?

Retail management includes assortment, pricing, retail space layout, product display, replenishment and logistics.

What benefits do planograms and tools like Kvant bring for in-store execution?

Planograms and space analyses in practice are tied to data and continuous control of execution in stores.

How is AI used in retail for promotional forecasting and pricing decisions?

The Kvant tool is used for store layout, planograms, ABC analysis, replenishment and execution control.

When and why are classic EAN codes expected to be replaced by GS1 2D codes?

Promotional forecasting is moving from manual planning through statistical methods to machine learning and random forest.

Where is GS1 moving barcodes instead of EAN?

GS1 is moving from EAN to 2D codes with the GS1 digital link or GS1 DataMatrix for broader sharing of quality data across the supply chain.

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