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DALLAS, May 09, 2019 (GLOBE NEWSWIRE) -- Symphony RetailAI, the leading global provider of AI-enabled revenue growth management solutions and customer-centric insights for retailers and CPG manufacturers across the entire value chain, today announced that the company was named a Top 100 Logistics IT Provider by Inbound Logistics. This annual list features the leading technology providers with solutions central to solving transportation, logistics and supply chain challenges.
Symphony RetailAI’s innovative solution suite touches every part of the retail supply chain, with distinct advantages for improved demand forecasting and replenishment for fresh grocery categories. It directly helps retailers limit costs associated with inaccurate forecasts – out of stocks leading to lost sales, and overstocks translating to both physical and financial waste. Additionally, as retailers source products from thousands of manufacturers and suppliers around the world, Symphony RetailAI manages extended supply chains and reduces the staggering logistical complexity associated with these processes.
“We are honored to be named to Inbound Logistics’ list of recommended logistics technology providers. We are developing new and innovative ways to address critical supply chain challenges,” said Patrick Buellet, Chief Technology Officer, Symphony RetailAI. “Despite channel convergence and the rise of new formats, the challenge of meeting shopper demand remains the same: making the right product available at the right price, in the right place, while profitably increasing sales. What has changed, however, is that heightened customer expectations have led to new channel and fulfillment complexities. Solving those challenges is in Symphony RetailAI’s DNA, and we’re committed to delivering new standards for supply chain excellence through our AI-enabled solutions.”
Inbound Logistics selected the recipients from a pool of more than 400 candidates who proved their solutions invaluable in addressing today’s supply chain challenges. Information presented for consideration is then incorporated into Inbound Logistics’ Logistics IT Decision Support Tool, where supply chain decision makers can choose IT requirements to be matched with the solutions providers best suited to their needs.
Visit Inbound Logistics website to view a complete list of the 2019 Top 100 Logistics IT Providers.
About Inbound Logistics
Since its inception in 1981, Inbound Logistics’ educational mission is to illustrate the benefits of demand-driven logistics practices, give companies the knowledge to help them match the inbound flow of materials to their demand, and align their business process to support that shift. Inbound Logistics offers real-world examples and decision support to guide businesses to efficiently manage logistics, reduce and speed inventory, and offset rising materials and logistics costs, supporting business scalability and change management across their value chain. More information about demand-driven logistics practices is available at www.inboundlogistics.com.
About Symphony RetailAI
Symphony RetailAI is the leading global provider of role-specific, AI-enabled revenue growth management solutions and customer-centric insights for retailers and CPG manufacturers across the entire value chain. Our proven, industry-leading, AI-enabled software, coupled with the industry’s only conversational natural-language AI interface, CINDE, provides key users with proven prescriptive and preemptive recommendations that make it easy to identify end-to-end growth opportunities, activate plans, and realize measurable profit and revenue growth. Our solutions are specific to key decision-maker roles focused on profitable growth across the retail value chain from source to consumer. With our strong global partner ecosystem, we serve more than 1,200 organizations worldwide – including 15 of the top 25 global grocery retailers, 25 of the top 25 global CPG manufacturers, thousands of retail brands, and hundreds of national and regional chains – all through the Microsoft Azure Cloud. Symphony RetailAI is a SymphonyAI company. More at www.symphonyretailai.com.
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SymphonyAI is a group of companies that provide the leading AI-centric solutions for transforming the business enterprise by driving revenue growth and operational excellence, for the retail, CPG, healthcare and industrial verticals, and for finance, IT and other key enterprise horizontal functions. Founded by Dr. Romesh Wadhwani, SymphonyAI is one of the fastest growing companies in the business-to-business AI solutions sector with revenue this year of $275 million and 1,500 employees. More at www.symphonyai.com.
Ketner Group Communications (for Symphony RetailAI, CPG Solutions)