Platinum Level Sponsor

Impact Analytics delivers AI-native SaaS solutions and consulting services that help companies maximize profitability and customer satisfaction through deeper data insights and predictive analytics. With a fully integrated, end-to-end platform for planning, forecasting, merchandising, pricing and promotions, Impact Analytics empowers companies to make smarter decisions based on real-time insights, rather than relying on last year’s inputs to forecast and plan this year’s business. Powered by over one million machine learning models, Impact Analytics has been at the forefront of AI innovation for a decade, setting new benchmarks in forecasting, planning, and operational excellence across the retail, grocery, manufacturing, and CPG sectors. Recognized for innovation and growth by Fortune, Financial Times, Inc. 5000, and the RIS Leaderboard, Impact Analytics continues to lead the way in shaping the future of business intelligence. Impact Analytics was founded and is led by Prashant Agrawal, a former senior consultant at McKinsey and Boston Consulting Group and current Adjunct Professor at Columbia University who teaches about the use of AI in retail. Think differently about AI and learn more at www.impactanalytics.co.

Product & Service Categories:

Forecasting, AI Recommendations, Assortment/Category Management, Forecasting, Planning and Execution, Price, Promotion and Markdown, Fulfillment & Replenishment Services, Inventory Control Systems

Press Releases

Analyzing Consumer Spends on Amazon Prime Day 2024

Prime Day discounts indicate a need for retailers to prepare for cautious consumers for the coming Holiday season, according to a new report by Impact Analytics ™, the pioneer in AI-powered planning and pricing solutions for the retail, grocery, manufacturing, and CPG industries. The data shows low discounts, of less than 10% on average, in essential categories including Grocery & Gourmet Food; Pet Supplies; Appliances; Baby Products; and Patio, Lawn & Garden.

Ozempic Fuels Hunt for Smaller Clothes | WSJ

Retailers see nascent sales boost fueled by people switching to smaller sizes; ‘not something we’ve seen before’

Apparel retailers are discovering that weight loss is their gain.

While blockbuster drugs like Ozempic that lead to significant weight loss have dented demand for diet plans and caused food companies to prepare for people eating less, clothing sellers are finding that millions of slimmed-down Americans want to buy new clothes.

Briscoe Group Partners with Impact Analytics

New York, NY – August 21, 2024 – Impact Analytics™, the pioneer in AI-powered planning, merchandising and pricing solutions, today announced it has partnered with Briscoe Group, a leading retail conglomerate in New Zealand which operates Briscoes Homewares and Rebel Sport.

Impact Analytics™ Makes 2024 Inc. 5000 List

NEW YORK–August 13, 2024 – Inc. revealed today that Impact Analytics™, a pioneer in AI-powered planning, merchandising and pricing solutions for the retail, grocery, manufacturing and CPG industries, was named to Inc. 5000, the annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.

Prashant Agrawal Wins EY Entrepreneur of the Year

Linthicum Heights, MD—June 25, 2024 – Ernst & Young LLP (EY US) today announced that Prashant Agrawal, Founder and Chief Executive Officer of Impact Analytics was named an Entrepreneur Of The Year® 2024 Mid-Atlantic Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies.

Products

PriceSmart

Build Effective Pricing Strategies and Improve Profits

AI-powered PriceSmart™ by Impact Analytics leverages the latest trends, price elasticities, competitor pricing, and more to drive initial (or base) pricing, promotional, markdown, and clearance pricing decisions that maximize profitability.

Key Features

Customizable pricing strategy templates

AssortSmart

Optimize Assortments, and Improve Margins and Turns

AssortSmart leverages AI to simplify, localize, and optimize the assortment process. Our AI-powered retail assortment planning solution helps you build a strategy with localized consumer demand patterns, leading to increased customer satisfaction, improved turns, and gross margin growth.

Key Features

Size curve and pack optimization

InventorySmart

Streamline Inventory Allotments and Optimize Inventory Flow

InventorySmart leverages AI and ML to predict future demand at the SKU/location level, ensuring you have the right product in the right place at the right time. It ensures efficient inventory optimization by leveraging predictive analytics for the greatest accuracy on what, when, and where to push allocations and pull replenishment orders.

Key Features

ForecastSmart

Enhance Forecast Accuracy and Agility with AI-Powered Forecasting

PlanSmart

Elevate Financial Performance with Strategic Merchandise Planning

PlanSmart is an AI- and ML-powered merchandise financial planning tool. It uses long-range forecasts to generate optimized plans based on key constraints and strategic objectives at multiple levels of the product hierarchy. It leverages unlimited data and AI for scenario modeling, budgeting, forecasting, and revenue planning instead of static spreadsheets.