We provide the best price for fresh produce based on the shelf life of each product. We do this by collecting product information from different sources to ensure that the customer gets what they pay for.
RapidMathematix’s team has developed algorithms that process vast amounts of input data from different sources to deliver the best recommendations in real time.
INTERNET OF THINGS
Our solutions come fully integrated with an array of IoT devices that are deployed both for data collection and for output execution inside the retail store.
Who We Are
RapidMathematix is an AI company that utilizes deep learning algorithms and machine vision to dynamically price and promote products, with a focus on fresh produce, to match their real-time value based on freshness, competition and market conditions. With deep expertise in retail pricing, we compute merchandising actions for real-time execution in a retail environment.
Fresh Produce Wastage Reduction
Increase in Gross Margin $ for Fresh Produce Category
Store Labor Cost Savings
Electronic Shelf Labels
Increase in Performance
Practical Solutions with the Latest Technology.
Our core team brings the experience of consulting on pricing and merchandising strategies for large retailers around the world.
We bring a one-stop solution that includes identification and implementation of integrated hardware and software solutions.
Industry Use Cases
Making an impact across verticals.
Convenience Store Chain
Analytics based corporate strategy framework.
While the algorithms are built to execute merchandising outputs automatically based on real-time data inputs, the governing rules and constraints of the system are designed to achieve the desired outcome set by the management team of your company.
HAVE ANY QUESTIONS?
Want to learn more about our technologies or products? Please email us your questions and we will be happy to answer them for you.