Session

AI-Driven Profit Optimization: Unleashing the Power of AI in Business Central for a competitive edge

Join us for a deep dive into how Business Central users can leverage AI with their own data, exploring a Profit Optimization Ecosystem built entirely within Azure. Achieving optimal pricing and promotional strategies which positively affects gross profit margins is a challenging endeavor in today’s business world. We will look at how businesses can harness the power of data analytics and artificial intelligence to revolutionize decision-making.

We will explore how to extract insights on an SKU-level, including how to combine price sensitivity and promotion affinity to select multiple pricing strategies aligned to groups of products with similar behavior. Learn how demand forecasting models, powered by bespoke AI algorithms, enable thousands of precise predictions. Understand the effects of seasonality on sales and what impact holidays have in different regions. Discover how optimization algorithms determine and prescribe the ideal moments for price adjustments and product promotions.

We also unveil how Generative-AI models shed light on product cannibalism, allowing executives to make data-driven decisions swiftly. Explore how our solution enhances margin growth, even when products are offered as loss leaders. This session will demonstrate how taking a client from descriptive and diagnostic analytics, through the spectrum of predictive to prescriptive, is made possible with Azure. Finally, we also reveal the ease of integrating the results back into Business Central for execution.

Hennie Fouche

OmniData - Director of AI

Charlotte, North Carolina, United States

Actions

Please note that Sessionize is not responsible for the accuracy or validity of the data provided by speakers. If you suspect this profile to be fake or spam, please let us know.

Jump to top