7 Best AI-powered Retail Execution Software of 2024

Operations
Retail
Published on:
October 11, 2024
Read Time:
8
min

Are you aware that poor merchandising accounts for 25% of lost revenue? It may be time to reconsider your strategies for retail execution. Evolution in the retail sector is happening at an exponential rate thanks to AI algorithms playing a big role in marketing for retail businesses. 

To stay at the forefront of innovation and maintain customers' loyalty with merchants, the integration of artificial intelligence (AI) in merchandising is essential. AI can significantly enhance in-store and online shopping experiences, helping merchants personalize offers, optimize inventory, and provide seamless customer interactions that drive satisfaction and sales.

If you already have a system in place for retail, it’s high time you start exploring options that integrate AI. Doing so will streamline your operations, enhance decision-making, and improve customer experiences. 

AI-powered retail execution software can help optimize inventory management, provide personalized shopping recommendations, automate repetitive tasks, and offer valuable insights through data analytics. This will not only boost efficiency but also drive better sales performance and customer loyalty.

Fast Fact About AI-Powered Retail Execution Software
Sign up to get expert articles, guides, tips, and inspiration straight to your inbox.
You're in! Look out for our emails in your inbox.
Oh no! Something went wrong while submitting the form.
Our Top Picks
#1
Xenia
The Workforce Operations Platform for Frontline Teams
#2
Ailet
Recommended for price monitoring
#3
Repsly
Recommended for field sales

Top 7 AI-powered Retail Execution Software

1. Xenia - #1 AI-Powered Retail Execution Software

Xenia's retail software addresses the most common retail challenges faced by businesses effectively. This means having the ability to assign tasks to your team quickly, efficiently and follow their live progress in real-time. 

That can be made possible through Xenia's AI powered retail execution software which takes away the chaos and confusion of coordinating store activities in multiple locations while making certain that all staff are aware of their responsibilities on schedule. Templated checklists allow you to uphold uniform standards regardless of the number of your stores. Adapting layouts or launching a promotion is quick and efficient for you with Xenia.

With Xenia, communication between teams is never a bottleneck. Whether you're managing remotely or in-store, you can keep the entire team in sync with their in-app messaging and live updates. This function eliminates the misunderstandings and hold-ups caused by antiquated communication techniques. 

Furthermore, you can see what's going on in your stores with razor-sharp precision courtesy of unified reporting and analytics. There's no need to wait for reports to arrive or perform tedious data processing when you have all the information you need to act quickly and intelligently in one location. Similar to having a complete operations toolkit, it improves daily retail management's efficiency and clarity.

Features

  • AI-Powered SOP Writer: Retailers can automate the creation and updating of standard operating procedures (SOPs) across multiple store locations, ensuring uniformity in execution and compliance with guidelines.
AI-Powered SOP Builder
  • Smart Inspections: This feature allows store managers to automate and streamline inspections. AI adjusts the inspection criteria based on real-time data, triggering corrective actions for underperforming areas, which ensures operational consistency.
Automated Corrective Actions
  • Task Management and Automation: Retail teams can use AI to assign, prioritize, and monitor tasks, such as restocking shelves, and ensuring that all tasks are completed on time. This feature improves accountability and reduces human error by tracking and reporting task progress.
Effortless Task Management
  • Real-Time Analytics: AI provides detailed, real-time data on store performance, such as sales trends, foot traffic, and operational efficiency. Retail managers can use this data to make informed decisions about staffing, inventory levels, or promotional activities to optimize retail execution.
Real Time Reporting and Analytics

Pricing

  • Free Forever: Free for up to 5 users with access to task & work orders, parent assets, internal chats, template builder, etc.
  • Starter: $99 / month for 15 users and comes with a work calendar view, work and template reports, sub-assessments, and sub-locations.
  • Premium: $199 / month for 15 users and offers unbound access to all the core features.
  • Custom: Need something tailored to your organization?

Rated 4.9/5 stars on Capterra
Free Version:
Pricing:
Supported Platforms:
Available for up to 5 users
Starter for $99/month for the first 20 users (with free trial period)
Available on iOS, Android and Web
Free Version:
Available for up to 5 users
Pricing:
Premium for $99/month for the first 20 users (with free trial period)
Supported Platforms:
Available on iOS, Android and Web
Download Xenia app on

2. Ailet

Ailet

Ailet's AI powered retail execution software is your first step in mastering this dynamic environment of retail, with a set of advanced capabilities designed to improve operations, increase customer engagement, and drive sales growth. 

Ailet is more than just an app; it's an entire ecosystem that turns data into meaningful insights. Ailet integrates with your existing systems to enable seamless communication across departments, ensuring that everyone, from store managers to top executives, is on the same page.

Key Features

  • Shelf Audit: In-app directions for your audit teams to execute duties on shelves at each site.
  • Shelf Execution: Improving data collection and offering actionable information on the shelf for accurate retail execution.
  • Price Monitoring: There is no need to capture each price tag individually. Simply take a photograph of the shelf, and AI will handle the rest.

Pricing

  • Contact the vendor for pricing.

3. Repsly

Repsly

Repsly's AI powered retail execution software provides cutting-edge tools and analytics to field workers handling consumer packaged goods (CPG) to enhance sales, merchandising execution, and promotion compliance. To provide larger CPG firms with greater service and information, Repsly incorporates more detailed data insights into its platform.

Enterprise customers can better track product and promotion-specific success using Repsly's easy-to-understand statistics, which are accessible to both business users and thousands of field representatives.

Key Features

  • Merchandising: Ensure that your items are competitively advantaged through optimized processes for competitor tracking, planogram compliance, and on-shelf availability.
  • Field Sales: Give your representatives a versatile product library and efficient order entry tools so they can make more informed shop visits and increase incremental sales.
  • Retail Services: Everything you require to organize and carry out projects for clients, designed with client reporting and flexible personnel in mind.

Pricing

  • Contact the vendor for pricing.

4. bSavvy

bSavvy

The retail execution software from bSavvy completely changes the way your products are arranged, making sure every piece is precisely positioned concerning your strategic planogram. 

Achieve more sales conversions, improved display accuracy, real-time compliance monitoring, efficient audit procedures, and useful information for ongoing development.

To guarantee that retailer shelf displays correspond with planogram designs and improve product presentation during the crucial First Moment of Truth (FMOT) when customers make purchasing decisions, bSavvy provides an AI powered retail execution software suite that includes an iPhone/Android app, a web interface, and an AI engine.

Key Features

  • Shelf Audits: Businesses benefit from lower manual error rates and better operational efficiency through process automation and seamless data flow.
  • Program And Promotion Audits: To improve promotional success, it inspects commercials, special displays, and signage in addition to keeping an eye on seasonal pricing plans.
  • Enhanced Display Accuracy: A complex AI engine is used by bSavvy's retail execution software to guarantee that each product is presented following exact planogram parameters.

Pricing

  • Contact the vendor for pricing.

5. Trax

Trax

Trax gives CPG producers and retailers the most effective, precise, and reliable means of gathering, measuring, and analyzing data on what occurs on the actual shelf.

Ensure that each product is always in its proper location in every store. To digitize the shelf and increase sales, Trax Retail Execution makes use of cutting-edge picture recognition technology and deep learning algorithms. 

Determine which retail outlets and sales representatives are not meeting the expected standards. Images offer unbiased benchmarks for shop circumstances. Their benchmarking performance is shown by analytics. And understandings provide you with the information required to improve their effectiveness.

Key Features

  • Fix Underperformers: Analytics show how well they do in comparison. And insights provide you with the information you need to improve their output.
  • Train Super-sellers: Create a winning sales team. Use photographic performance data collected from real stores as the foundation for your coaching activities and KPI assessments.
  • Enhanced Analytics: Analyze performance in comparison to rivals; look at KPIs by account, location, or category; include information from your loyalty or EPOS system. 

Pricing

  • Contact the vendor for pricing.

6. Glair.ai

Glair.ai

Automate the process of guaranteeing your product's availability and visibility with the use of image recognition. Increase sales and improve the effectiveness of your retail execution process at the same time. 

A comprehensive analysis based on collected data and a streamlined and effective way to keep an eye on and maintain planogram compliance are provided by GLAIR AI powered retail execution software. Retailers can quickly track, evaluate, and adjust their shelf placement using our technology in only 15 seconds.

Key Features

  • Automated SKU Recognition: AI-based picture recognition allows for numerous shape, size, and color recognition and detection up to the SKU level.
  • Various Display / Showcase Recognition: Identify different product displays, including freezers, racks, coolers, and bespoke displays.
  • Real Time Activity Reporting: Easy real-time data on retail execution KPI for consumer items was made available for easy monitoring in one location at a glance.

Pricing

  • Contact the vendor for pricing.

7. Revenue. ai

Revenue.ai

With RAI Copilot's recommendations, you can expedite information access, seize every white opportunity, reduce risks, and maximize your retail performance whenever you need it. Increase your profitability by using AI-enhanced analytics that help you choose the best prices and package options for thousands of SKUs while tracking your performance in real time.

AI enables retailers to quickly make well-informed decisions, adjust to changes in the market, and optimize a variety of areas of their operations and performance for long-term success by automating complicated analysis and delivering actionable insights.

Key Features

  • Mix Management: Optimize your mix management with insights and efficiency powered by AI for more market agility.
  • Promotional Execution: Adopt proactive marketing strategies and make real-time AI modifications.
  • COGS Management: Predictive cost of goods sold (Cost of Goods Sold) management safeguard profit margins.

Pricing

  • Contact the vendor for pricing.

Final Thoughts

In order for retailers to remain competitive in 2024, AI-powered retail execution software has become a crucial tool. Utilizing automation, real-time analytics, and task optimization, solutions such as Xenia, Ailet, Repsly, bSavvy, Trax, Glair.ai, and Revenue.ai provide special capabilities that improve inventory management, sales performance, and merchandising. 

These platforms assist companies in increasing operational effectiveness, enhancing in-store performance, and making data-driven decisions that enhance consumer happiness and sales. One of the most important tactics for optimizing growth and profitability in retail execution is integrating AI.

Unify Operations, Safety and Maintenance
Unite your team with an all-in-one platform handling inspections, maintenance and daily operations
Get Started for Free
Deliver The Best In Class Customer Experience with Xenia
Get Started for Free
Rated 4.9/5 stars on Capterra

Latest Articles

Frequently Asked Questions

Got a question? Find our FAQs here. If your question hasn't been answered here, contact us.

Illustration for empty FAQ section.
No FAQs Found

Looks like there's no data available in our FAQ section at the moment.