Retail TouchPoints

AUGUST 17, 2023

AI can optimize store layouts based on shopper behavior, enhance customer service with AI-powered chatbots and equip businesses with real-time analytics for informed decision-making. She is the VP and Managing Director at IBM , focusing on the consumer-packaged goods, retail and travel and transportation industries.

Consumer 209

Consumer Payment Services Supply Chain Management Store Layout 209

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance.

Inventory Turnover 203

Inventory Turnover Supply Chain Management Store Layout Marketing 203

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 7, 2023

By analyzing historical sales data, seasonality, and external factors such as weather and social trends, AI algorithms can help businesses make informed decisions about inventory management, pricing, and marketing strategies. Supply Chain Efficiency AI is also transforming supply chain management in the retail and CPG industries.

Marketing 96

Marketing Inventory Management Supply Chain Management Store Layout 96

365 Retail

MAY 5, 2023

Predictive analytics, another AI-driven tool, has been instrumental in helping retailers optimize their inventory management and pricing strategies. By identifying customers as they enter a store, retailers can offer personalized greetings, promotions, and recommendations based on individual preferences and shopping histories.

Store Layout 80

Store Layout Promotions Inventory Management Advertising 80