RETAIL
Supercharge your Retail Ops withAI-Driven Insights
Pricing and Promotions
Balancing optimal pricing and effective promotions is key to driving sales and maintaining profitability.
With Lumi AI, merchandising teams can deeply analyze promotional/ seasonal lift, calculate price elasticity, and conduct thorough basket analyses to identify bundling opportunities.
Increase average basket size
Enhance promotion ROI
Drive sales
Inventory
Balancing inventory levels is complex. You face the constant risk of overstocking, leading to tied-up capital, or under-stocking, resulting in lost sales.
Using Lumi AI, supply chain managers can instantly identify slow-moving stock, forecast demand, and optimize safety stock levels.
Reduce excess inventory
Minimize stockouts
Free up working capital
Product Assortment
Crafting the right product mix is key to retail success, but identifying which products to stock can be a daunting task.
Lumi AI empowers merchandising managers with the ability to optimize product assortments by analyzing granular demand patterns, pinpointing slow-moving stock, identifying key value items, and uncovering customer preferences.
Enhance product mix
Maximize shelf space efficiency
Increase sales
Customer Behavior
Understanding and responding to customer behavior is crucial in driving loyalty and preventing churn.
Lumi AI delivers comprehensive insights into customer behaviors and preferences, aiding teams in identifying key customers and those at churn risk, while informing marketing strategies and enhancing customer experiences.
Deepen customer insights
Prevent churn
Boost sales
Enterprise Grade Features Tailor Made for Retailers
Data is only processed within your environment and access can be controlled at user level.
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Lumi comes pre-equipped with retail domain knowledge, enabling higher quality responses to data requests.
Lumi understands your internal lingo and calculates business metrics as per your specific needs.
Lumi can easily plug into any ERP system, planning software, data warehouse and even homegrown proprietary solutions.
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Onboarding is swift, typically requiring just a few hours of effort.
Access and run pre-built retail-specific prompts that instantly uncover value in your business.
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