Startup Showcase: Alkemics – Revolutionizing the CPG Industry with Digitization

Alkemics helps brands and retailers collaborate through digitization of product data.

In today’s fast-paced world, the Consumer Product Goods (CPG) industry is one of the most challenging industries to operate in. With millions of products launched every year, manufacturers and retailers struggle to match supply and demand, achieve operational excellence and offer a personalized shopping experience. Alkemics, a Paris-based startup, is revolutionizing the CPG industry by offering a platform that digitizes, collects, and shares product data between brands and retailers.

Matching supply and demand

One of the biggest challenges manufacturers and retailers face is matching supply and demand. Alkemics provides a collaboration platform that enables manufacturers and retailers to discover each other and foster a balanced commercial relationship in which both sides can be proactive. By digitizing product data, Alkemics ensures that manufacturers can provide retailers with real-time information on their products, including images, descriptions, and attributes. This allows retailers to make informed decisions about which products to stock and enables them to optimize their inventory levels.

Achieving operational excellence

Time-to-market is a critical factor in the CPG industry. With the Alkemics platform, manufacturers can speed up product listing and go-to-market while reducing data-quality errors. By digitizing product data, manufacturers can ensure that retailers have accurate and up-to-date information about their products, reducing the time it takes for products to be listed. Alkemics provides a centralized platform where manufacturers can manage and distribute their product data, ensuring that all retailers have access to the same information.

Offering a personalized shopping experience

An omnichannel and personalized shopping experience is essential in today’s retail industry. Alkemics helps manufacturers and retailers develop a sustainable and trustful relationship, enabling them to enrich the shopper experience. By providing accurate and up-to-date product data, retailers can offer their customers a more personalized shopping experience, helping to drive sales and increase customer loyalty.

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Conclusion

Alkemics is a Paris-based startup that is revolutionizing the CPG industry with its collaboration platform. By digitizing product data, Alkemics is helping manufacturers and retailers to match supply and demand, achieve operational excellence, and offer a personalized shopping experience. With a centralized platform that enables manufacturers to manage and distribute their product data, Alkemics is changing the way manufacturers and retailers collaborate, making it easier for them to work together and succeed in an ever-changing industry landscape.

Website: https://www.alkemics.com/

Twitter: http://twitter.com/alkemics

Facebook: https://www.facebook.com/alkemicsfrance/

LinkedIn: https://www.linkedin.com/company/alkemics


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