We Digitize the Supply Chain of Small Grocery Stores (Bodegas) in Latin America
We give bodegas in Latin America a frictionless, AI-powered app that automates orders, optimizes inventory using AI and saves them time, increases revenue and allows them to compete with larger chains.
What are 'bodegas'?
In Peru, independent small grocery stores are called ‘bodegas’. There are 2+ million stores only in Latin America and they are considered a natural solution to solving unemployment.
70% of bodegas are owned and managed by women.
They provide 1/3 of their country's GDP.
They provide daily sustenance for 10+ million people only in Latin America.
It's where low-income families buy groceries on a daily basis.
The supply chain is fragmented, inefficient and operates in isolation of one another.
Pay higher costs, no bulk discounts
Plan their inventory with no data
Have low customer reach
Don't optimize inventory, routes through data
Consumer packaged goods (CPG)
Lack access to real-time data
Spend millions on product life-cycle planning
Lack standardized data
We transform the entire ecosystem into a digital, integrated supply chain, powered by sophisticated AI, and it all simply starts with bodegas ordering through our app.
Automate orders digitally for bodegas
Give bodegas the best deals across all distributors (leveraging the bulk purchases)
Distributors are less labor-intensive, can reach their long-tail customers and use data to improve operations
CPGs can use real-time data for product life-cycle planning.
Data is centralized for the first time and normalized.
How we use AI
We leverage over 100 years of retail experience and the best minds in retail predictive analytics to add value at each step of the supply chain, from bodegas, to distributors to CPGs.
We use historical sales data, weather data, local cultural events and a blend of our own unique data to predict sales at an accuracy not seen before.
Compare and contrast the behavior of one-time buyers vs. your best customers in order figure out new promotions and marketing tactics to drive more business
Retail data can be used to inform your decisions about which promotions to run (and when), how to make marketing choices based on geolocation, and when to take items off the shelves maximizing your profits
Make more efficient purchasing decisions with real time insights on how your inventory is performing to make sure high-demand products never run out of stock.