The rapid increase in e-commerce has driven massive digital and supply chain transformations for every retailer. Customers expect to have full visibility and access to a retailer’s inventory no matter the channel and location. To meet these expectations, Ravel, an innovation hub backed by Cadillac Fairview, has developed an app that gathers, standardizes, and recommends millions of consumer products across hundreds of Canadian retailers in 18 CF shopping centres. Project Galactic builds upon a previously funded Scale AI project to improve search, the most critical element for connecting shoppers with retailers.
Laura Manes, SVP Innovation, Ravel by CF: “The project supports the development of an innovative shopping tool to help Canadian retailers showcase their full product offering and real-time in-store availability for consumers in an easy-to-use, personalized app. This functionality is expected to help consumers more easily find the products they are looking for. In turn, the data generated by these interactions will help retailers measure product demand and drive customer conversion in-store and online, and facilitate better inventory management decisions.”
$1.2M
$5.3M
“The project supports the development of an innovative shopping tool to help Canadian retailers showcase their full product offering and real-time in-store availability for consumers in an easy-to-use, personalized app. This functionality is expected to help consumers more easily find the products they are looking for. In turn, the data generated by these interactions will help retailers measure product demand and drive customer conversion in-store and online, and facilitate better inventory management decisions.”
— Laura Manes, SVP Innovation, Ravel by CF