TAMPA, FLA. — Retail chain Niemann Foods has begun using a new replenishment and inventory system from Upshop called Magic in 43 stores across Illinois, Missouri and Indiana.

The AI software analyzes data in real time to forecast consumer demand, calculate the current inventory levels and order the optimal amount of product, according to Upshop.

upshop graph showing that out-of-stocks is the top reason customers do not make a purchaseSource: IHL Group

The company designed the software specifically for grocery stores so that the data analysis takes into account seasonal trends and store promotions.

"We are excited to partner with Upshop and implement the CGO system in all of our stores," said Tim Murphy, vice president director of supermarkets at Niemann's. "We believe that Magic will help us better understand our customers' buying habits and improve our overall inventory position. When we deliver the right assortment, at the right time, to the right store, we deliver a better shopping experience to our customers."

"Our approach is a game-changer for grocery retailers who want to maximize the potential of their stores,” said Shamus Hines, CEO of Upshop. “Shoppers expect more personalization than ever, no matter where they shop. Grocers are investing to ensure the right product is available at the right time and location to ensure they do not miss a sale … online and in-store. We are proud to work with Niemann's to optimize inventory and realize store success."

According to Upshop, other leading retailers using the Magic software are Wegmans, Raley’s, Cardenas, Lowes Foods, Spartan Nash, Weis Markets, Big Y and Sobey's. 

upshop infographicSource: Upshop 

upshop infographicSource: Upshop