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

Retail TouchPoints

Retail is already seeing successful use cases: Albertsons recently rolled out a predictive ordering platform from Afresh Technologies designed for the rapidly changing nature of fresh products to more than 2,000 of its supermarkets, providing department managers with easy-to-use ordering tools leveraging real-time insights.

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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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Majority Report: 2022 Predictions on How AI Will Impact Global Industries

Nvidia

At the same time, global food prices have jumped to their highest level in more than a decade as worker shortages, factory closures and high commodity prices shred plans at even the most sophisticated forecasting and logistics operations.