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Datasembly and Numerator Partner to Help Retailers, CPGs Analyze Temporary Price Reduction Promotions

Datasembly and Numerator Partner to Help Retailers, CPGs Analyze Temporary Price Reduction Promotions
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Datasembly Focuses on Price Volatility at 16th Annual BMO Farm to Market Conference

Datasembly Focuses on Price Volatility at 16th Annual BMO Farm to Market Conference Share Article Real-time, hyperlocal data is preparing grocery retailers and brands for industry changes The BMO Farm to Market Conference is one of the best places to connect with leadership from businesses that are leading the way in developing strategic responses to the post-pandemic world WASHINGTON (PRWEB) May 24, 2021 On Thursday afternoon, Datasembly CEO Ben Reich presented at the BMO Capital Markets 16th Annual Farm to Market Conference. Held virtually for the second year in a row, the conference was host to more than 90 companies, global institutional investors and financial sponsors across the full spectrum of the food value chain. This included businesses in the fertilizer, ag chemical and agribusiness, food and beverage, cannabis, supply chain logistics, grocery retail and

Getting Prices Right in 2021

In 2021, ongoing economic constraints promise to place an even higher focus on price. Few things are as important as price when it comes to grocery shopping but how to optimize those prices is undergoing significant change in 2021, and retailers who don’t get on board could face problems sooner rather than later. Thanks in large part to the pandemic but also cheaper technology price and promotional optimization efforts are moving from manual processes to automation, which is often powered by machine learning or artificial intelligence (AI). Even when the pandemic subsides and food retail gets back to normal or as normal as will be possible after months of supply-chain hiccups, pantry loading and e-commerce growth merchants that intelligently embrace price and promotional optimization will have an edge when it comes to dealing with new consumer habits.

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