TAIPY - Groupe Les Mousquetaires

Workshop AI Application AI Strategy AI Technology API BIG DATA DASHBOARD DATA ANALYSIS DATA MANAGEMENT GRAPH OPEN SOURCE PERFORMANCE/EFFICIENCY PROCESS OPTIMIZATION

2023-02-09 | 02:30 PM - 03:00 PM | Workshop 2

Information

Taipy - Bringing AI to the Business User - Retail Use Case: Cash Flow Management Groupe Les Mousquetaires


One of the biggest challenges that developers of Big Data and AI applications face is delivering a solution that can be used by businesses on a regular basis to drive decision-making. Groupe Les Mousquetaires, a leading European retail group, will showcase how they used Taipy, a development tool, to build a cash flow application that helps predict and manage stock.

The use of Taipy was central to the development of this AI application, as it allowed for fast development and provided a unique "what-if '' analysis feature through the use of scenarios, which was essential for user acceptance of the AI algorithms.

The high-speed development capabilities of Taipy facilitated seamless communication between data science teams and business users, enabling the finance department to automatically generate, script, and execute algorithms for cash-flow forecasting. The implementation of the CFM project with Taipy resulted in more active cash management, leading to gains by accurately identifying the best times and amounts to invest or borrow, as well as selecting the most suitable investment vehicles. This project generated a high return on investment, which was further increased by rising inflation.

In this talk, we will demonstrate how Taipy's low-code GUI component can be used to create visually appealing and interactive dashboards, as well as how Taipy Core can be utilized to efficiently manage complex data flows.