AP NEWS
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Symphony RetailAI Named a Recipient of Supply & Demand Chain Executive’s Green Supply Chain Awards

December 12, 2018 GMT

DALLAS, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Symphony RetailAI, the leading global provider of Artificial Intelligence-enabled decision platforms, solutions and customer-centric insights that drive validated growth for retailers and CPG manufacturers, announced today that it was selected as a recipient of the 2018 Supply & Demand Chain Executive Green Supply Chain Awards.

The Green Supply Chain Award recognizes providers of supply chain solutions and services assisting their customers in achieving measurable sustainability goals. This year’s 10th annual awards recognize small, mid-size and large enterprises that leveraged green practices and solutions to further drive sustainable improvements in their supply chain solutions.

“This year’s award recipients place a critical emphasis on green initiatives within their companies and supply chains,” said John R. Yuva, editor, Supply & Demand Chain Executive. “Entries provide examples of innovative approaches and impressive metrics of sustainability programs. We congratulate this year’s honorees for their commitment to sustainability and recognize their tremendous achievements. Our honorees serve as role models for supply chains globally to expand their reach and impact of green leadership.”

Symphony RetailAI’s supply chain solutions include AI-enabled demand forecasting, which helps retailers accurately forecast demand, moving items off the shelf faster, avoiding spoilage and fresh food waste. By accurately forecasting demand, the supply chain can adjust for changes in order quantities, fulfillment execution, logistics around efficient transport routes and more in the supply chain, which ultimately reduces waste.

“Grocers are a culprit in the food waste problem, as managing items with a short shelf life has traditionally proved to be difficult,” said Patrick Buellet, Chief Strategy Officer, Symphony RetailAI. “Working with customers that include some of the world’s largest grocers, Symphony RetailAI leverages artificial intelligence, machine learning and rich data management to help retailers reduce waste and spoilage of perishable goods and prepared foods.”

Symphony RetailAI’s supply chain customers include Action, Dollar General, Intermarché, REMA 1000, Smart & Final, Southeastern Grocers, and SpartanNash.

See the full list of award recipients.

About Supply & Demand Chain ExecutiveSupply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints, and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.

About Symphony RetailAISymphony RetailAI is the leading global provider of Artificial Intelligence-enabled decision platforms, solutions and customer-centric insights that drive validated growth for retailers and CPG manufacturers, from customer intelligence to personalized marketing, and merchandising and category management, to supply chain and retail operations. Symphony RetailAI is innovating rapidly to drive faster, more profitable decisions through AI, machine learning and voice technologies. We are trusted by over 1,200 organizations including 15 of the world’s 25 largest grocery retailers, thousands of retail brands, and hundreds of national and regional chains worldwide to help solve their toughest business problems, through AI-powered customer intelligence and retail solutions. Symphony RetailAI was formed in 2018, merging Symphony GOLD and Symphony EYC. Symphony RetailAI is a SymphonyAI company. More at www.symphonyretailai.com. Follow us on Twitter: @symphonyretail.

About SymphonyAISymphonyAI is a group of companies that provide the leading AI-centric solutions for transforming the business enterprise by driving revenue growth and operational excellence, for the retail, CPG, healthcare and industrial verticals, and for finance, IT and other key enterprise horizontal functions. Founded by Dr. Romesh Wadhwani, SymphonyAI is one of the fastest growing companies in the business-to-business AI solutions sector with revenue this year of $275 million and 1,500 employees. More at www.symphonyai.com.

Media ContactAdrienne Newcomb Ketner Group Communications (for Symphony RetailAI) adrienne@ketnergroup.com 512-794-8876