Responding to the BIG SHIFT with AI
As store traffic has dwindled due to safety concerns, consumers have turned to ecommerce out of necessity. At first, they encountered challenges in availability challenges in availability and delivery times but ecommerce options have rapidly diversified, evolved, and matured. Online, consumers discovered convenience and personalization. They developed new behaviors as they scattered to various ecommerce channels.
This massive shift creates a new set of challenges and opportunities that Consumer Packaged Goods (CPG) must respond to.
THE E-COMMERCE SHIFT
The E-commerce Shift Broke Existing Planning Models, Creating Competitive opportunities.
Until now, most demand planning models were built on a combination of Neilsen, Kantar and Retailer data, most of which was at the shopping cart level.
As CGP companies navigate the increase in sales through amazon and walmart online, AI can assist in accurately predicting demand and supply chain needs.
AI combines consumer behavior data with your historical shipments to predict sales and inventory.
ADJUSTED CONSUMER BEHAVIOR
The maturation of omni-channel and niche ecommerce sheds light on previously unseen parts of the buyer journey.
Increased traffic to direct-to-consumer brands, bodegas offering online ordering, and greater adoption of Amazon and Walmart delivery give CPG companies more data about the buyer journey.
This new data creates three sizable opportunities.
Threatened Margins Open the Door to Automation.
Companies feel pressure to reduce operating costs.
With many financial processes conducted through manual processes and spreadsheets, now is a great time to turn to AI to increase speed and accuracy.
AI can automate convoluted, error prone financial processes that would otherwise take months.
KUNGFU.AI’s Bespoke Approach to AI
SaaS products for CPG lack context to your business and limit customization.
Existing systems and infrastructure aren’t able to leverage machine learning and AI.
Kungfu.ai is A managed service Team combining industry expertise and advanced technology
Prepare and mine your data
Build intelligent and reliable AI models
Trained to your unique business
And made better over time
PRODUCT-GRADE AI MICROSERVICES
Containerized AI Microservice
Able to improve over-time
Simple integration into your business systems