AI demand forecasting-based automated retail store ordering service “AI-Order Foresight™”
First written in FY2021-Q1. 3 of 4 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2023.
5 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「Stores using the service have reduced ordering work time by 50% and achieved reductions in stockouts and waste, contributing to the resolution of social issues such as labor shortages and waste.」
The disclosure reports that the AI demand forecasting-based automated ordering service is operating at multiple food supermarkets and has reduced ordering work time by 50% at stores where it was introduced. - FY2021AdvancedAnnual report
「We have introduced “AI-Order Foresight®,” an AI demand forecasting-based automated ordering service jointly developed with LIFE CORPORATION, at all LIFE stores. Its AI auto-tuning function provides highly accurate forecasts required for daily-delivery and fresh products, enabling automated ordering without maintenance.」
AI-Order Foresight has been introduced at all LIFE CORPORATION stores and deployed for automated ordering of daily-delivery and fresh products. - FY2021-Q2AdvancedAnnual report
「Orders for digital transformation projects, including AI-powered automated ordering services that support operational transformation at retail stores, are expanding. The AI-powered automated ordering service “AI-Order Foresight (AI-Order Foresight) TM,” based on demand forecasts, automatically determines appropriate order quantities from various data, including sales history and weather information. This enables store operations that do not depend on individual experience or skills and helps reduce lost sales and waste.」
Orders for “AI-Order Foresight” are expanding as digital transformation projects, with the service specifically described as reducing lost sales and waste through automated ordering based on sales history, weather information and other data. - FY2021-Q1First statedAnnual report
「We have launched “AI-Order Foresight™,” a cloud-based operations support service that automates retail store ordering based on AI demand forecasts.」
The service uses sales history, weather information and event information to automate retail store ordering, improve store operating efficiency, and reduce excess inventory and food waste.