Robotic Process Automation for Real-time Competitive Pricing Analysis in Retail

Abstract

Robotic Process Automation (RPA) has emerged as a transformative technology in various industries, offering efficiency, accuracy, and cost savings. In the retail sector, real-time competitive pricing analysis is crucial for maintaining competitiveness and maximizing profits. This paper explores the application of RPA in enabling real-time competitive pricing analysis in retail. It discusses the challenges faced by retailers in pricing analysis, the role of RPA in addressing these challenges, implementation considerations, and the potential benefits for retail businesses.