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For the pandemic-hit fashion industry, the future is digital

Inside Retail

An eWallet integration can convert a customer with one click, compared to 22 on average for a traditional checkout process – but the increased ease of eWallet checkout comes with an enrollment system that is potentially more vulnerable to fraudsters. The bottom line. Download your free copy.

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Top 5 Ways Blockchain Can Influence The Fashion Industry Positively

365 Retail

The finance and healthcare industry is implementing Blockchain for a more secure, streamlined, transparent and cost-saving solution. . Supply chain management. . Blockchain Redefine Customer Experience. We have already talked about supply chain management and product authenticity.

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How Robotic Process Automation Can Contribute To Retail Growth

Retail Minded

The program can identify the factors that cause customers to leave business services, allowing for a prompt intervention to keep them. Accounting And Finance. Invoice and order processing, cash flow management, account reconciliation, record to report cycles, and many other tasks can be managed with robotic process automation.

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With ChatRhino, Chinese e-commerce giant JD.com aims to bring AI to retail

Inside Retail

The AI model – which is the same type of technology used to train chatbots like ChatGPT – is designed to address challenges in sectors such as retail, logistics, finance, health, and urban planning, by leveraging a mix of 70 per cent generalised data and 30 per cent native intelligent supply chain data.

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AI in Retail: Optimizing Operations from Supply Chains to Employee Scheduling

Retail TouchPoints

Seeing this, a supply chain manager would want to know exactly how this would affect the trucks carrying their company’s products. When AI-powered solutions work in tandem with IoT sensors and visibility software, that value is multiplied. He gave the example of truck congestion along the U.S.-Mexico Mexico border.

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Stop out of stocks denting your profits this holiday season

I Vend

Mobile POS empowers staff to check customers out in the aisle, to make the process even faster and more personal, and also easily enables new checkout points – for example at a pop-up, or in the parking lot for curbside pickup.

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The Rise of AI in Retail: Transforming the Industry Online, In-Store, and Socially

365 Retail

AI has the potential to revolutionize various sectors, including healthcare, education, finance, transportation, agriculture and of course, retail. Facial recognition technology is being increasingly utilized by retailers to enhance various aspects of their operations and customer experience.