Upstream Commerce Releases New Tool

June 27, 2012 / Melody Smith / Comments Off on Upstream Commerce Releases New Tool

Upstream Commerce’s latest tool in its Retail Intelligence Suite is Assortment Intelligence, which allows retailers to track assortment changes at competitors’ websites in real time, and adjust their own product mix accordingly.

MarketWatch brought this news to our attention in their article, “New Cloud-Based Assortment Intelligence Solution from Upstream Commerce Aims To Transform the Way Retailers Merchandise.” This new release is a cloud-based software-as-a-service (SaaS) solution that uses advanced artificial intelligence, semantic analysis, data mining, and image recognition algorithms.

This challenges the traditional approach of relying on personal experience and manual tracking to optimize product offerings. The manual approach is really not practical in today’s competitive markets.

Melody K. Smith

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Melody Smith

Melody K. Smith has provided organizational, social media and digital communication services to a large non-profit for the past twenty years. Prior to that she championed employee engagement and communications in the healthcare field. She holds a Bachelors degree in Marketing. When not wrangling and writing TaxoDiary content for your reading pleasure, Melody writes fiction, rescues dogs and throws legendary dinner parties.