Crisp, a prominent collaborative commerce platform, has proudly announced its receipt of the prestigious “Overall Data Solution of the Year” award in the 2024 SupplyTech Breakthrough Awards program hosted by SupplyTech Breakthrough. This esteemed accolade, bestowed by a leading independent market intelligence organization, recognizes outstanding achievements in supply chain technology and logistics globally.
At the core of Crisp’s capabilities lies its integration of real-time inventory and point-of-sale data from over 40 retail and distribution channels. This integration provides a centralized view of product movement and cross-channel sales, empowering strategic decision-making across the consumer-packaged goods (CPG) sector. By cleaning, normalizing, and harmonizing data, Crisp ensures a consistent set of schemas, acting as a trusted data agent that complies with the stringent security requirements of retailers and distributors alike, ensuring data integrity through encrypted storage in secure warehouses.
Crisp’s versatility extends to its ability to deliver data seamlessly to any cloud or business intelligence application, facilitating integration with third-party datasets such as syndicated data, product attribution, weather, and demographics. Thousands of CPG brands leverage Crisp’s capabilities to predict demand, optimize inventory, and streamline assortments, thereby minimizing costly stockouts and enhancing operational efficiency. Robust analytics provided by Crisp enable manufacturers to maintain optimal service levels and adhere to On-Time-In-Full (OTIF) compliance standards.
“We are dedicated to transforming the industry for brands of all sizes, empowering them with critical insights that revolutionize their approach to business,” stated Are Traasdahl, CEO and Founder of Crisp. “Receiving the ‘Overall Data Solution of the Year’ award underscores the mission-critical role our technology plays in enhancing collaborative commerce. By facilitating advanced analysis in forecasting, pricing strategies, inventory management, and expansion planning, Crisp is driving tangible improvements across the supply chain.”
The SupplyTech Breakthrough Awards program aims to identify and recognize the most innovative technology companies, solutions, and products in the supply chain and logistics sector. This year’s program attracted nominations from across 15 countries, highlighting Crisp’s leadership in supply chain visibility and data-driven retail execution.
“Crisp’s collaborative data platform represents a significant advancement in how CPG brands interact with their retail partners,” remarked Bryan Vaughn, Managing Director of SupplyTech Breakthrough Awards. “By enhancing supply chain visibility and enabling real-time data sharing, Crisp empowers brands to enhance efficiency and reduce waste, ultimately delivering greater value to end-consumers. We are delighted to name Crisp ‘Overall Data Solution of the Year’ for their transformative impact on retail supply chain management.”
In essence, Crisp continues to champion a collaborative commerce approach, fostering seamless data sharing and insights across the retail supply chain, thus setting new benchmarks in industry innovation and efficiency.
