Ankit Tyagi

Ankit Tyagi

Ankit Tyagi, Senior Manager, Supply Chain, Tredence
Ankit is a seasoned subject matter expert specializing in pricing, promotion, and assortment strategies. Leveraging his expertise, he harnesses the power of machine learning to tackle complex challenges in these domains, helping businesses optimize their strategy, enhance profitability, and make data-driven decisions. His unique blend of domain knowledge and advanced technology empowers him to deliver valuable insights and drive success in the world of retail and pricing optimization.
The New Retail Reality: Embracing AI-Driven Dynamic Pricing

In an economic landscape filled with challenges, dynamic pricing emerges as a vital strategy for retailers aiming to maintain and enhance their market presence. According to McKinsey, optimizing pricing decisions could significantly impact profits, indicating that a minor 1 percent price increase might lead to an 8.7 percent profit boost. This modern approach to pricing,…