6 Articles
6 Articles
The Food & Retail AI Rollup Continues as Crisp Buys Shelf Engine
Crisp, a New York-based retail data company, has acquired Seattle-based startup Shelf Engine. Founded in 2016 by Stefan Kalb and Bede Jordan, Shelf Engine specializes in using machine learning to optimize ordering processes for perishable goods, with the goal of reducing costs and minimizing food waste. The platform is now in use across more than 7,000 stores. Terms of the acquisition were not disclosed. Shelf Engine was one of the earliest adop…
Adapting demand planning strategies for e-commerce growth
E-commerce is booming. Businesses need to rapidly adjust because online sales will reach US$1.3 trillion by 2025. Demand planning stands at the heart of this growing e-commerce challenge. The problem? Old demand planning methods don’t work anymore. Online retailers struggle to make accurate forecasts because fast market changes, seasonal fluctuations, and evolving consumer behaviors complicate their planning processes. But here’s the good news… …
Crisp Acquires Shelf Engine
Crisp, a NYC-based provider of retail data solutions, acquired Shelf Engine, a Seattle, WA-based artificial intelligence company specializing in demand forecasting and automated ordering. The amount of the deal was not disclosed. With the acquisition, Crisp will integrate Shelf Engine’s algorithms onto its collaborative commerce platform, helping retailers to optimize in-stock inventory across retailers, reduce […] The post Crisp Acquires Shelf …
Coverage Details
Bias Distribution
- 100% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage