Demand intelligence tools to ignite growth in uae food retail sector, says CENSA CEO

  • Date: 06-Jul-2023
  • Source: Zawya
  • Sector:Agriculture
  • Country:UAE
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Demand intelligence tools to ignite growth in uae food retail sector, says CENSA CEO

Dubai, UAE:- CENSA, a WayCool Foods enterprise, emphasizes the pivotal role of demand intelligence tools in driving growth and success in the UAE's food retail sector. The United Arab Emirates (UAE) food retail industry is poised for remarkable growth, presenting immense opportunities for retailers. Valued at approximately $100 billion, this sector is expanding rapidly. However, challenges such as a fragmented supply chain, food waste, and price volatility demand innovative solutions. Demand intelligence tools leverage cutting-edge technology to meticulously collect and analyze data on consumer behavior, demand patterns, and supply chain dynamics. By harnessing this invaluable insight, retailers gain the power to make informed and strategic decisions regarding product assortment and inventory management. Commenting on the same, Avinash Kasinathan, CEO of CENSA said,” As the UAE food retail segment continues its upward trajectory, the use of demand intelligence tools becomes increasingly vital for retailers seeking to stay ahead of the competition. These tools empower retailers to enhance their efficiency, reduce waste, and elevate customer satisfaction levels. In a constantly evolving market, demand intelligence tools will be the cornerstone of success, allowing retailers to capitalize on growth opportunities and secure their positions in the global marketplace.” The benefits offered by demand intelligence