EDITED’s Post

📊 In EDITED's latest article, learn how AI summary generators can impact retail decision-making. Here are a few takeaways: 🚀 Simplify Data: Get concise summaries of complex data. 🚀Prioritize Metrics: Focus on the KPIs that matter most. 🚀Save Time: Spend less time on analysis and more on action. 💡 Curious about how AI can optimize your workflow? Dive into our latest insights and read the Black Friday use case 🔍✨ https://lnkd.in/eMsiBD5W #Retail #AI #BusinessIntelligence #DataScience #BlackFriday2024

Discover how Infocepts' AI solution transformed decision-making for a leading retailer, enhancing agility and cultivating a data-driven culture 👉 https://ow.ly/fQGn50RgQCI #AIDriven #RetailSuccess #Infocepts #SuccessStory

For those interested in AI and Gen AI, check out this post I came across the other day from the folks at Boston Consulting Group (BCG) with a use case in retail. I see a lot of focus these days in Gen AI around improving direct customer support interactions. While these projects are valuable, I think we are often missing opportunities to look into other processes where automation and (possibly complex) data engineering can make a big impact. Where can we, with data gathering and refinement, improve our decision-making? This post touches on what I think is a great example - a very complex problem requiring a lot of detailed data that is expensive and time-consuming to wrangle manually. The BCG folks discuss a specific (retail) example for using a combination of AI and GenAI systems (and data engineering) to improve understanding of cost in support of product choices. Complex processes often need multiple technology blocks integrated as illustrated here. Bigger problems may need more complex integrations (obvious, I know). Carefully crafted POCs and pilots can help confirm the business potential before one turns up the volume. One might ask "what problems stay blocked because it has been commercially infeasible to get the (quality) data we need?" Many ideas are emerging. Think about complex business processes you have where you and your teams are starved for data or insights. A lot of folks with whom I interact are working to define that first use case. I'd suggest looking at processes where you and your team feel particularly blind to the surroundings for one reason or another. Small wins build confidence, just like always. #genai #retail #productcontinuity

Retailers and Consumer Packaged Goods (CPG) brands are sitting on a wealth of data that can supercharge their businesses. 🚀 But most don't have the resources or the experience to get the most out of it. Stratio boasts decades of experience helping companies harness their data for sustainable growth and new opportunities. 🌱 In this post, we're covering how our Generative AI-powered Data Fabric product has helped retailers and CPGs alike. So, read on to learn more here: https://lnkd.in/d8ZxmebP #GenerativeAI #SustainableGrowth #FutureOfRetail 

Did you know that the average retail company generates an astounding 40 petabytes of data annually? That’s more than 3 times the data stored in the United States Court Library a staggering 90% of this data is unstructured and underutilized but that’s changing fast. Imagine transforming the vast amounts of customer behavior data, sales transactions, and inventory records into actionable insights. We help retailers to unlock the power of retail data with advanced AI technologies. Discover how retailers are transforming unstructured data into actionable insights for enhanced decision-making and personalized customer experiences.#retail #US #AI #GenAI #digital #RetailTransformation #BigData #AIinRetail #CustomerInsights #DataDrivenDecisions #RetailInnovation #AdvancedAI #UnstructuredData #SupplyChainEfficiency #PersonalizedMarketing #CompetitiveEdge #RetailTech #DigitalTransformation #RetailTrends #SmartRetail

🚀 Always wanted to know how to implement AI in your Business? AI. 🤖 Yes, that buzzword everyone's throwing around but seems like a super theoretical concept and not easy to implement. Fear not! We're here to turn that demistify AI implementation complexity! 👣 Step-by-Step Simplification AI isn't just for the tech giants. With the right approach, it's accessible to all businesses, big or small. Start small: Focus on areas with immediate impact like Demand Forecasting 📈, Churn Reduction 🔄, and Personalization 🎯. 🌟 Expert Guidance We've got Greg Freeman from Data Literacy Academy and Andrew Thomas from Kleene.ai two experts, ready to spill the beans on how to practically apply AI in your business from a technology and people skills perspective. 🔍 Why You Should Care? Imagine predicting what your customers want before they do, keeping them hooked, and offering them tailor-made services. That's the power of AI! 📌 Join Us We're hosting a chat to unfold the mysteries of AI implementation. And guess what? It's free! Check the link in the comments to reserve your spot. #AI #BusinessInnovation #DemandForecasting #ChurnReduction #personalization #TechTalk #data  #ai  #dataanalytics   #retail  #retailmanagement

➡ Investigating the Impact of GenAI on Enhancing Retail Customer Experience A recent article in the Retail Sector highlights how GenAI is revolutionising operational efficiency with predictive analytics, notably in demand forecasting. With AI-powered forecasting reducing supply chain errors by 50%, the potential for cost savings and improved efficiency is immense. At QuantSpark, we specialise in driving operational efficiency through practical AI applications in retail. Discover our latest insights and see how we're harnessing the power of AI to transform the industry. 🌟🔍 #AI #RetailInnovation #PredictiveAnalytics #OperationalEfficiency #QuantSpark See how ⬇ Cruising to Growth: Uncovering £25 Million in Lost Revenue https://lnkd.in/edeZBzBa Generative AI in Retail: Optimism, Caution and Preparation https://lnkd.in/ei752C8p Sizing a £18m Opportunity to Automate a Big-4 UK Supermarket's Clearance Process https://lnkd.in/eEC8fP4w Read the full article here: https://lnkd.in/gqmqfc7U

The role data analytics plays in transforming supply chain efficiency. #ProvisionAi uses #analytics & #AI to transform your #transportation operations. https://hubs.ly/Q02tHn9Q0

Speed to insights 🚀… and therefore speed to value! Let's be honest, in a world of data, it's not always as easy to differentiate between "Nice to know & Need to know" and access it quickly... but that's going to change The myEDITED #AI Summary allows users to: 🎯Quickly identify top insight candidates and take action 🔵Streamline presentations and processes using prompt insights ✅Send as an attachment to share insights with teams/users #retailintelligence #data #EDITED #apparelindustry

Are you using our real-time analytics tool yet? 🤔 Why not? 🤷♀️ You're missing out on creating new revenue streams, greater efficiency and happier customers. 💲🏃♂️😁 Read our Whitepaper to learn how you can instantly, significantly improve your #retail #business: https://lnkd.in/e457H3-5 Supply+ tapestry ai