Monday, April 29, 2024

Cart.com Introduces Constellation AI, Integrating New Machine Learning Capabilities Across the Company’s Suite of Software, Services and Logistics Solutions

Cart.com, a leading provider of unified commerce and logistics solutions that enable merchants to sell and fulfill wherever their customers are, announced the launch of Constellation AI, a new suite of AI features embedded across the company’s software, services and logistics offerings. Constellation AI leverages powerful machine learning algorithms, predictive modeling and generative AI to make selling and listing products more efficient while delivering dramatically improved forecasting to drive precision in inventory planning.

Cart.com is weaving AI into the DNA of commerce to help merchants realize the full potential of their commerce and supply chain operations. Among the capabilities Constellation AI will introduce are:

  • New Sales Channel Identification: Identify new sales channels with the highest potential for growth based on current product offerings measured against each channel’s buyers, sales volume and level of competition for similar goods.
  • Generative Title, Descriptions and Product Attributes: Generate and optimize product titles, descriptions, attributes and translations through Cart.com’s proprietary implementation of large language models (LLMs) tuned for commerce, ensuring an algorithmic approach to lift sales when merchandising across both direct and marketplace channels.
  • Intelligent Repricing: Automate repricing with machine learning, in real time, with multiple strategies focused on “Winning the Buy Box” and optimizing sales growth across major marketplace channels including Amazon, Walmart, eBay and more.
  • AI-Powered Demand Forecasting: Forecast future demand at the SKU and sales channel levels based on a wide range of disparate data including omnichannel marketing and sales history, seasonal patterns, current ecommerce performance and projected marketing campaign activity.
  • Inventory Order and Placement Optimization: Instantly determine how much inventory should be reordered and where it should be distributed across 3PLs, storefronts, Fulfillment-by-Amazon and Walmart Fulfillment Services networks based on sales performance and expected demand.

Also Read: LeddarTech Collaborates with Arm on Future-Ready Software-Defined Vehicles

“By harnessing the power of data and AI across the full commerce value chain, we are taking the guesswork out of marketing products and managing inventory,” said Cart.com Founder and CEO Omair Tariq. “We’re excited to see how our continued investment in new AI capabilities will deliver value to our entire customer base.”

Cart.com provides the physical and digital infrastructure that unifies operations across channels and makes it easy for multichannel merchants to win in a channel-rich world. The company offers a complete suite of tech-enabled logistics capabilities, enterprise-grade channel and order management software and expert services to simplify commerce for middle-market and enterprise companies and public sector agencies. Cart.com supports over 6,000 customers and 75 million orders per year and operates 14 omnichannel fulfillment centers nationwide.

SOURCE: Businesswire

Subscribe Now

    Hot Topics