Case Studies
Retail

Retail price intelligence platform

About

The challenge was to maintain and enhance an existing retail price intelligence platform that provides data-driven competitive insights and analytics.

The platform features the largest retail pricing dataset, powered by AI-based algorithms.

Retail price intelligence platform

Project Overview

The solution represents a web-based platform that offers such retail software products as a price optimization software and an automated real-time price monitoring software.

A price optimization software

provides comprehensive benchmarking and dashboards, powered by the largest retail product dataset and product matching AI. The software helps keep up with market trends, identify gaps and opportunities, and increase sales. To create an intelligent pricing policy, the software performs a real-time analysis of the competitors’ prices, promotions, and retail strategies. The software generates valuable insights to make informed and smart decisions.

A price monitoring software

provides tools for driving operational efficiency, boosting revenue, and increasing margins with product-level profitability. The software helps find new pricing efficiencies, combining real-time market analytics with agile business objectives. It also allows to adjust strategies and services to meet dynamic customers’ needs. The software helps retail businesses streamline their processes and operations (pricing, logistics, promotions, merchandising, and more), becoming more efficient and successful.

Results

The technology-based solution helps merchandisers and retailers simplify e-commerce and make it more efficient for retail businesses and companies through accurate real-time insights on pricing and predictive assortment planning.

PROJECT INFO

Location

Canada

Team Size

7 engineers

Team Location

Ukraine

Technologies

Python, Django, JavaScript

Database

Oracle

Web Server

Nginx

DevOps

Jira

Other technologies

Oracle ATG Web Commerce, OwnerIQ, Marketing Consulting, Oracle Service Cloud

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