Crisp, a NYC-based supplier of retail knowledge options, acquired Shelf Engine, a Seattle, WA-based synthetic intelligence firm specializing in demand forecasting and automatic ordering.
The quantity of the deal was not disclosed.
With the acquisition, Crisp will combine Shelf Engine’s algorithms onto its collaborative commerce platform, serving to retailers to optimize in-stock stock throughout retailers, scale back meals waste, enhance shelf administration, and drive income in an more and more margin-sensitive retail setting.
Led by CEO Stefan Kalb, Shelf Engine makes a speciality of predicting demand for perishable items, right down to the SKU stage, minimizing spoilage and optimizing fill charges throughout retail channels.
Led by CEO and Founder Are Traasdahl, Crisp leverages AI to facilitate the mixing, entry and change of knowledge between CPG manufacturers, retailers, and distributors, offering unprecedented visibility to optimize retail gross sales and the provision chain infrastructure.
FinSMEs
27/03/2025
