Algoretail is an AI-driven platform that connects the dots between the shelf, the workers, and the suppliers to optimize workflow and labor efficiency, reduce waste, and consequently increase profit. With Algoretail, retailers can keep their stores' shelves fully stocked with the right products, and the back store neat and organized. Algoretail can provide a 40% reduction in waste, 35% reduction in product returns, and 20% reduction in labor, with 99+% on-shelf availability and 25% more back store space.
Algoretail generates an automated, transparent, and dynamic process from the moment a product enters the back store until it is purchased, enabling accurate ordering and advanced preparation, coordinating the back store with shelf placement, and automatically generating tasks for employees.
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Algoretail Climate Tech relevance
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Sep 9, 2021
www.sponser.co.il
יוחננוף בהסכם השקעה באלגוריטייל, תשקיע 5 מיליון דולר תמורת 20% בחברה
#Investment
Jun 22, 2021
www.funder.co.il
יוחננוף מנהלת משא ומתן להשקעת כ-5 מיליון דולר בחברת אלגוריטייל