saoussen5765
Valued Contributor
One of the problems of businesses that have to do with businesses that have to do with stocking and reselling of finished products is price adjustments. The market fixes prices and sometimes, business managers are not aware of a price change to adjust their pricing. That's where deploying AI tools to monitor and fix prices could come to the rescue in such kinds of businesses.
Imagine that you are running a grocery store and you have an AI tool that optimally adjusts prices based on real-time market demand and the prices of the competition. That helps a company to stay abreast of the trends in the market. Such AI tool uses data analytics to constantly survey the market and alert the managers of variables that could alter prices. The management can then decide to adjust the prices based on the predictions of the AI.
Imagine that you are running a grocery store and you have an AI tool that optimally adjusts prices based on real-time market demand and the prices of the competition. That helps a company to stay abreast of the trends in the market. Such AI tool uses data analytics to constantly survey the market and alert the managers of variables that could alter prices. The management can then decide to adjust the prices based on the predictions of the AI.
