
Harness the power of your data by applying A.I. to your existing data collections to deliver actionable insights that improve workflows and customer experience.
Vendor
VusionGroup
Company Website
Retail Intelligence Software: Drive Strategic Decisions through AI
Leverage Data and AI to Optimize Sales Performance & Profitability. Memory caters to both headquarters and enterprise store chains, as well as individual stores.
Data is our DNA. Retail is our expertise. Combining both is our unique strength.
Retail Intelligence helps retailer HQs, stores and CPG brands make sense of scattered data and enable evidence-based decisions. Using AI-powered suggestions, Retail Intelligence solves concrete issues, boost sales performance by automating product assortment (mix), optimizing merchandising, pricing strategy, collaboration with brands and connect with the execution in store.
Memory: Beyond Analytics, AI-Powered Intelligence for Retail
We understand retail.
We analyze transactional, supply chain, logistics, and shopper behavior data from 20,000+ stores. Partnering with industry leaders, we leverage 25 million households’ shopping behavior for a precise view of product consumption and performance.
We work with different data sets.
Combining diverse data sources with our deep-rooted retail knowledge, we identify assortment optimization opportunities, provide predictive scenarios, and offer grounded recommendations to drive your product categories.
We deliver action plans.
Catering to brand’s needs, we support your marketing, trade and logistics discussions through decision-making and action-oriented tools dedicated to your business assortment.
How the Memory family of products works in-store
Software systems work together, integrating your in-store data and third-party sources to provide meaningful insights that optimize store performance.
Why adopt Memory, the next gen Retail Intelligence Software
Make evidence-based decisions
Inform better decision-making with AI recommendations and simulate product or pricing models to see estimates on their ROI impact.
Get custom analysis and reporting
Tailor monitoring and reporting to your business needs. Measure sales performance and easily identify issues and priorities.
Measure impact in-store
Harness the power of your data from electronic shelf labels and IoT devices on the shop floor and trigger actions in the aisles for immediate impact on store performance.
Strategize and monetize with brand partners
Collaborate and share insights with vendors on a single platform and build joint strategies for targeted marketing and maximizing ROI.
Ground your decision-making with trusted insights and performance simulations
Advanced-Data Integration: Seamlessly integrate and aggregate diverse data sources, providing a unified and comprehensive view of business performance Actionable Business Recommendations: Beyond traditional analytics, RI delivers actionable business recommendations tailored for both day-to-day operations and strategic initiatives to drive efficiency and growth in retail operations. Embedded Simulation Tools: Leverage robust simulation capabilities to test and optimize various aspects of your operations, such as product assortment, pricing strategies, and merchandising techniques. Connection to In-Store IoT with Floor Messaging: Translate data into action, by automatically displaying messaging on in-store Electronic Shelf Labels to communicate with store associates or calling out promotions and price matching for shoppers.
See Memory’s ROI impact
- 2% to 8% Uplift in sales on recommended assortment
- 5PTS Incremental sales on targeted promotions
- 0.5% to 2% Incremental revenue through monetization
- 50% Time reduction for building product mixes