How CPG brands are keeping up with retail’s fastest-moving consumer demands Sponsored by SAP
, an AI-based startup with operations in Latin America and the United States. Teamcore’s cloud-based software platform uses machine learning to power intelligent workflow automation that tells CPG companies and retailers why products aren’t selling and what they can do about it fast.
“Teamcore connects the whole CPG and retail team for opportunity detection sales, and doesn’t stop until someone actually fixes the problem,” said Della Maggiora. “Over time, the collected data trains the model, improving its accuracy and ability to make predictions about potential issues.”Teamcore tackles some of the biggest challenges retailers face. Consider the problem of phantom inventory, which happens when company systems show products at a location, but they aren’t actually there.
Teamcore’s customers include well-known global brands in the food and beverage, personal care, and other CPG sectors across Latin America and the United States. On average, these companies have increased product sales from three to five percent by improving on-shelf product availability from four to nine percent, and online product availability from five to 15 percent.
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