OmniRetail Unveils Three AI-Driven Solutions to Elevate Retail Value Chain Efficiency and Visibility

Generative AI-Powered assistant:

OmniRetail launches a state-of-the-art chatbot to simplify order placement on its OmniBiz platform which is an online marketplace tailored for retailers. Retailers can effortlessly access real-time product information, discover exclusive promotions, and track their orders all through a simple chat interface.

AI-Driven Credit Scoring for Working Capital:

OmniPay's AI-powered credit scoring system provides customized working capital financing options to retailers and distributors. Traditionally, MSMEs and the informal sector have struggled to access financial services due to a lack of formal financial records. OmniPay addresses this challenge by analyzing transaction data, including consistency, preferred brands, rate of depletion, and transaction volumes. This AI solution offers personalized credit limits, empowering small businesses to grow confidently and access the capital they need.

AI-Driven Solution to Scale Merchandising

This innovative approach redefines traditional retail by seamlessly digitizing product placement and visibility campaigns. Through advanced AI integration, manufacturers can now instantly reward retailers for maintaining product visibility on store shelves. Retailers can participate by sharing daily shelf pictures via the OmniBiz mobile app, ensuring product visibility compliance. This solution not only modernizes the retail landscape but also fosters stronger manufacturer-retailer relationships by creating a transparent, data-driven system that incentivizes product placement and drives sales performance. It works like a lens where it can automatically identify the products.

The introduction of these AI-powered solutions is a significant step towards enhancing efficiency and profitability in the retail value chain. By providing value chain players with tools that streamline operations and access to capital, we empower them to thrive in a competitive market. Our commitment is to transform the traditional retail landscape and ensure that even remote communities have consistent access to essential goods at the right prices. - Deepankar Rustagi, CEO OmniRetail.

Overall Impact on the Retail Value Chain

These innovative solutions enhance the entire retail value chain by simplifying procurement, improving product visibility, and providing crucial financial support. Retailers benefit from streamlined processes, increased sales opportunities, and access to necessary working capital, which collectively contribute to a more efficient and dynamic retail ecosystem.