Type
AI Demand Forecasting
Industry
Retail
With annual sales of $18 billion, METRO Inc. is a food and pharmacy leader in Québec and Ontario. Its purpose is to Nourish the health and well-being of our communities.
As a retailer, franchisor, distributor, and manufacturer, the company operates or services a network of some 950 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as some 650 drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy and Food Basics Pharmacy banners, providing employment to almost 90,000 people.
Our team developed an artificial intelligence solution that seamlessly integrates with Metro’s existing systems to predict the quantity of more than 5,000 perishable products (meat and fruits & vegetables) sold per day in each store in Quebec.
This AI solution allows Metro store managers to order the right quantity for each product, minimizing waste, and to better plan the labor required to process and prepare the products.
The store manager must deal with a multitude of dimensions, products, and data sources. Predicting the demand for each product and translating it into order quantity to strike the perfect balance between increasing sales and reducing waste is extremely challenging.
It’s simply too much data for the human brain to process. This project embodies our vision of HumanIA: an AI-powered tool that enables humans to make better decisions.
We propel companies results through the concrete use of AI. We firmly believe that it is by the democratization of its usage and by generating tangible results that we’ll achieve it.
