
After identifying potential quick-win opportunities, experimenting with an expert partner is the next crucial step. While internal AI expertise is ideal, it is often lacking in retail organizations. Therefore, finding the right external partner becomes pivotal to determining what is feasible in the short and medium term.
Choosing the right partner involves:
The emphasis is on finding partners willing to work in 2-4 week sprints, allowing organizations to assess progress and make informed decisions. This partner should have a small, efficient team working swiftly to generate proof points while effectively managing resource hours.
For organizations lacking internal AI expertise, there is a plethora of boutique AI consulting firms, dedicated analytics firms, and software companies eager to assist. The key is finding a partner who understands the problems and has successfully addressed similar issues. The partner should be willing to work lean and fast, align with the organization's interests, and provide tangible results in short sprints.
To learn more, download: AI Playbook for Retail, by Dr. Mark Chrystal

Five ranked actions for retail leaders before Black Friday: SKU-level promotions, real demand, agent-ready feeds, an earnings checkpoint and a December exit plan.

Profitmind introduces Awase, an AI product-matching model that helps retailers find the same or closest comparable product in competitors’ catalogs, even when there’s no barcode to match. It’s already in use with Profitmind customers.
We are announcing Awase 0.5, a product matching model that finds the same product across retailer catalogs without relying on UPCs or barcodes. In benchmark testing, it outperformed every model tested, including one four times its size.