Blue Yonder, the leading provider of artificial intelligence and machine learning applications for retail, today announces that it has partnered with Morrisons to optimize replenishment and automate ordering of 26,000 ambient and long-life product SKUs in all its 491 stores. The Morrisons team have worked with Blue Yonder to use its technology to improve product availability. The ordering system is simpler, easy to use and is reducing shelf gaps by up to 30%.
The Blue Yonder Replenishment Optimization
technology automatically analyzes sales data and other data sources from Morrisons and combines this with external data such as weather forecasts and public holidays. Through the automated analysis of data, the system can predict the level of demand down to the individual product and store location. Blue Yonders technology then fully automates ordering per store and per product.
Blue Yonders Replenishment Optimization uses cloud technology, making it capital-light and highly scalable. Using machine learning technology, the system learns as it goes and can use a vast and complex amount of data to make highly accurate ordering decisions.
The benefits of the system are multiple. Read more in the press release.