Procurant has introduced Procurant Fresh AI, the first artificial intelligence solution made for perishables category management in retail grocery.
Procurant Fresh AI uses the company’s expertise in the perishables category to reduce costs, streamline decision-making, eliminate reporting and deliver accurate insights to executives and frontline users alike.
Procurant Fresh AI provides accurate insights within an AI-powered interface that streamlines multiple steps and processes associated with category management. Procurant’s approach first sorts through volatile and often unstructured information to organize data into a secure, AI-ready format. Then, in plain language, users can ask questions about the category and act on new insights.
Procurant Fresh AI handles questions of varying complexity and instantly delivers both narrative and graphical results. Simple questions such as, “How many cases of apples did we purchase in week 32?” can evolve into more complex questions such as, “Which distribution center paid the most for Fuji apples in Q1 of 2023?”
“At Procurant, we’ve built our reputation on helping customers tackle the unique challenges of the perishables category,” said Eric Peters, founder and CEO, Procurant.
“Procurant Fresh AI takes that a step further by providing retailers with the tools they need to access real-time insights and to make informed decisions in a market where timing and precision are critical. They now get direct, precise answers to their most pressing questions – no more sifting through endless reports or juggling disconnected systems.”
Key features of Procurant Fresh AI:
- Real-time insights: Provides instant visibility into category performance, inventory levels and supply chain trends;
- Stand-alone or integrated: Works as a stand-alone solution with data from current internal systems, or as a component of the Procurant Commerce procurement platform;
- Unified data platform: Combines data from multiple systems into one easy-to-use interface, simplifying operations; and
- Empowered decision-making: Offers actionable recommendations for pricing, promotions and inventory management to optimize performance.
[RELATED: Procurant Expands Retail Connections For Perishable Suppliers]
About Procurant
Procurant provides a software platform with embedded AI for retail grocers, foodservice organizations and their perishable goods suppliers to collaborate, transact business and manage food safety across the supply chain. From farm to store, Procurant provides the visibility, accuracy and actionable insights that food industry professionals need to ensure quality, safety and efficiency.