ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Crisp Joins Snowflake Data Marketplace to Integrate Live Retail Data with Cloud Infrastructure

New connector can help CPG brands view near real-time sales and inventory in Snowflake’s Data Cloud, breaking down data silos and preventing food waste

Crisp, the first programmatic commerce platform for consumer packaged goods (CPG) brands, has announced a new connector that brings live feeds of retail data into the Snowflake Data Marketplace. Integration with the Snowflake Data Cloud is the latest step Crisp is taking to optimize the food supply chain and reduce waste through open, secure data-sharing.

Crisp is the first CPG-focused SaaS platform to be listed on the Snowflake Data Marketplace, a resource for Snowflake customers to add third-party or SaaS vendor data sources into their data to achieve deeper data insights.

Crisp automatically takes data from retail and distributor portals such as Whole Foods, Amazon, and UNFI, normalizes the data and pipes it directly into easy-to-read dashboards, Excel, and other business intelligence tools to inform business decision-making.

With the new Snowflake connector, CPG brands can monitor sales and inventory across retail sales channels within their existing cloud infrastructure. The Crisp open data platform can also feed data into existing Snowflake accounts, enhancing data accessibility across the CPG enterprise while reducing staff time spent pulling reports, and potential for human error, which can lead to waste.

While CPG brands often have sophisticated enterprise analytic capabilities, supply chain data is typically siloed, leading to hours per day spent manually downloading retail and distributor reports and uploading them into a data platform. Crisp eliminates this cumbersome step, providing brands with near real-time access to retail data that can be combined with other sources (such as CRMs, marketing applications, and syndicated data) via Snowflake’s secure data sharing capabilities for additional insights to optimize operations and reduce waste. Snowflake is a critical part of data evolution for CPG brands as they migrate their infrastructure from on-premise warehouses into the cloud.

“Snowflake’s Data Cloud enables digital transformation within companies and can impact business operations at every level,” Snowflake Head of Global Retail & CPG Strategy Rosemary Hua said. “We share Crisp’s view that data sharing is at the heart of this digital transformation, and we’re excited to welcome Crisp to Snowflake Data Marketplace to facilitate a new level of data collaboration with CPG companies. As we approach Earth Day, it is important to recognize the key role technology can play in optimizing operations to reduce waste by breaking down data silos and increasing visibility throughout the food supply chain.”

The new integration with Snowflake furthers Crisp’s mission to enhance data collaboration in the retail supply chain, allowing brands to stay ahead of consumer behavior, identify potential supply chain disruptions, track inventory, and more efficiently deploy resources. “By facilitating secure data sharing and access, both Snowflake and Crisp help CPG companies unlock valuable insights and take immediate action, from sales to marketing to production,” explains Crisp CEO Are Traasdahl. “It is an important step toward a programmatic model that enables companies across the supply chain to be more profitable and efficient while reducing waste.”

About Crisp

Crisp leverages the power of the cloud to connect, normalize and analyze retail data sources to provide real-time insights and trends. Food suppliers, retailers, distributors and brokers use Crisp to manage supply more efficiently, reduce waste and skyrocket profitability. Learn more at www.gocrisp.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.