EDITED’s Post

🔍 Transform your retail business with Powerdrill AI! Analyze your data to optimize marketing strategies and boost inventory management. 😯 💼 https://lnkd.in/gAjpC8Yy #PowerdrillAI #BusinessData #DataAnalysis

AI and analytics are revolutionizing the retail industry, transforming it through three crucial lenses, as highlighted in this insightful Forbes article. The Consumer: Enhance shopping experiences with personalized recommendations and optimized store layouts, making shoppers' lives easier and more satisfying. The Warehouse: Achieve inventory optimization by leveraging shelf-scanning robots and predictive models that consider external factors like weather, ensuring the right inventory is available for every occasion. The Associate: Empower store associates by freeing them from time-consuming tasks like inventory management, enabling them to excel in delivering exceptional customer service. At LG&P, we recognize the rapid infiltration of AI in our industry. We believe that while embracing new technologies is crucial, it's equally important to strike a balance between consumer readiness and the retail sector's adoption of innovative solutions. This approach ensures that the implementation of AI and analytics aligns with the needs and expectations of both shoppers and businesses. As we explore the potential of AI and analytics in retail, we invite you to share your perspective on how to strike this balance and drive meaningful change in the industry. #RetailTech #AI #Analytics

Unlock the potential of data in retail with key insights from our latest webinar! Discover how modern data platforms and analytics can revolutionize retail operations, enhance customer experiences, and drive business growth. Learn from industry experts about the latest trends, best practices, and innovative solutions in data management. Don't miss out on the opportunity to transform your retail strategy with actionable data insights: https://lnkd.in/dQ5Fd86p #Confiz #DatainRetail #DataAnalytics #DigitalTransformation #AI

Exception based reporting tools just aren’t sustainable. Artificial intelligence provides an opportunity to streamline tasks that have caused challenges to retailers in the past. See how these Zebra employees view the future of retail. https://lnkd.in/ex2b8tx8

"The company tapped demand and inventory analytics provider Alloy.ai, and Usaopoly (The Op) can now connect a game brand’s sell-through data from retail and e-commerce with its internal inventory and supply chain data to create and quickly execute more responsive plans, demonstrating the capabilities of infusing AI in the supply chain." Read Stewart Wolpin's new article in CGT - Consumer Goods Technology https://lnkd.in/gG5QHSvt

Exception based reporting tools just aren’t sustainable. Artificial intelligence provides an opportunity to streamline tasks that have caused challenges to retailers in the past. See how these Zebra employees view the future of retail. https://lnkd.in/eP_EsA6d

🛒 Retail's New Edge: Decision Intelligence 💡 Retail's getting a makeover, and here are the headlines: 🎯 Know Your Customer: Imagine predicting what shoppers want before they do. With AI decision intelligence, this is a reality available to everyone 🚚 Supply Chain Challenges: Stock issues are a problem of the past. Now you can operate a smart and responsive supply chain, thanks to your own actionable data. 📊 Data Deep Dive: This isn't just number crunching. It's uncovering hidden gems in mountains of data. These are only some examples of how Decision Intelligence AI can help your business. 🔗 Keen for more? Dive into our blog for the full story on how decision intelligence is changing the game. 🤔 What's your take? Will Decision Intelligence AI reshape your business strategy? 👇 Share your thoughts below! #RetailTech #SmartRetail #DataPower #SupplyChainSolutions #CustomerWow #FutureReadyRetail

"The company tapped demand and inventory analytics provider Alloy.ai, and Usaopoly (The Op) can now connect a game brand’s sell-through data from retail and e-commerce with its internal inventory and supply chain data to create and quickly execute more responsive plans, demonstrating the capabilities of infusing AI in the supply chain." Read the new article in Consumer Goods Technology https://lnkd.in/gG5QHSvt

A new survey reveals the number one technology for retailers and consumer packaged goods companies. While 57% of these companies plan to invest in predictive and generative AI in the next 3-5 years, AI and machine learning actually ranked fifth in importance for overall technology spend. Enhancing e-commerce capabilities led all technology spending priorities, followed by improving inventory management, demand forecasting, and leveraging data analytics, which made up the top four. See key findings from Chain Store Age: https://lnkd.in/g7Mreb6r #ChainStoreAge #Retail #Ecommerce #CRE #NewMarkMerrill

In retail, especially in the fast fashion space, pricing is a key differentiator. A major clothing and accessories multinational wanted to maximise their overall margins through modernising and automating their retail pricing. They had three major goals: ▪️ A centralised pricing strategy for different sales periods, enabled by automation and advanced analytics ▪️ A scalable solution, leveraging big data infrastructures ▪️ Increased autonomy of local pricing departments The ClearPeaks team leveraged machine learning to build a retail pricing optimisation engine that achieved all these goals, and more. Read more at the link in the comments, and contact us to see how we can help you! #pricing #analytics #retail #machinelearning #data #bigdata #ai