Antuit.ai provides assortment planning and optimization solutions that help retailers improve their assortment strategy and mix.
Antuit.ai, a Goldman Sachs company and leader in SaaS AI solutions for forecasting, merchandising and personalization, announced today it was named as a representative vendor in Gartner’s October 2020 Market Guide for Retail Assortment Optimization Applications (RAOA) in Merchandising, authored by Robert Hetu, VP Analyst. Gartner identified Antuit.ai for its AI-powered approach to assortment planning and optimization.
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According to Gartner, “The increasing complexity of proliferating inventory due to diverse fulfillment options and expanding customer touchpoints will become a barrier to enabling customer-centric assortments unless managed through artificial intelligence (AI)-led orchestration of planning processes.”
Gartner’s Market Guide covers the global RAOA market including Tier 1 and Tier 2 multichannel retail companies.
“We believe our inclusion in the Gartner Market Guide validates antuit.ai as a leader in AI-powered solutions designed for the world’s largest retailers and consumer products companies,” said Craig Silverman, CEO of antuit.ai. “We are proud of our AI-enabled approach to omnichannel assortment planning and optimization which has delivered substantial business results to our clients such as increasing customer loyalty and revenue; improved decision-making efficiency; and better inventory alignment to demand resulting in fewer markdowns.”