Retail and CPG Leaders Use KNIME to Drive Profitability
Forecast inventory and stock requirements to optimize SKUs and reduce costs
Respond to customer needs rapidly with sharp insights into changing consumer preferences
Increase profit margins by identifying optimal prices and attractive discounts for products
Improve supplier and freight logistics synchronization to ensure on-time, in-full delivery
Why KNIME for Retail and CPG
From Raw Data to Insights, in a Single Platform
Combine, shape, and analyze all your data from sales, inventory, operations, customers, and hundreds of other data sources in a single platform.
Create, test, train and deploy machine learning models in the same platform—without the hassle of switching between tools. Avoid integration complexities and see the outcomes of your analyses faster.
Analytic Depth, Yet Accessible to All
Build sophisticated machine learning models to forecast demand, spot trends, and get insights to address all your retail operations and supply chain challenges.
Choose any tools, scripts, and techniques in a low-code, no-code environment. Deliver complex analyses as data apps to business teams across the organization. Make modifications, explore data, draw insights, and collaborate with colleagues from your browser.
Enterprise-Scale Data Analytics Platform
Enjoy data access and analytics agility while ensuring data privacy and security through centralized administration.
Deliver relevant insights by automating tedious tasks from data blending to model hyperparameter optimization. Schedule workflows to trigger automatic restocking, promotions, shipments, and more. Get the flexibility to share and reuse your analyses and deploy them wherever you want, whether that’s on-premises or in the cloud.
Innovation Powered by Open-Source
Stay ahead of the curve with the continuous innovation offered by a global, open-source community. No waiting around endlessly for advanced functionality and extensions from proprietary vendor platforms. Capitalize on the countless, readymade retail and CPG solutions in the KNIME Hub.