article thumbnail

How Enterprise Modernization and Artificial Intelligence are Charting a New Course for the Consumer Industry

Retail TouchPoints

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.

Consumer 241
article thumbnail

Using Prebuilt Data Models? You Should Be

Retail TouchPoints

Supply Chain Management model: This model helps retailers manage their supply chain by tracking inventory levels, logistics and supplier performance. It is useful for optimizing store layout, staffing and marketing. It is useful for maximizing profits and staying competitive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Artificial Intelligence is Reshaping Retail & CPG Marketing

RETAIL MANAGEMENT SOFTWARE

Supply Chain Efficiency AI is also transforming supply chain management in the retail and CPG industries. It enables businesses to predict supply chain disruptions, optimize logistics routes, and improve demand forecasting.

article thumbnail

Stop out of stocks denting your profits this holiday season

I Vend

Supply chain management – managing supplier purchasing more efficiently can generate significant bottom line returns. Store layout and design – the right store layout can attract customers, enhance their experience and keep them in the store – brick and mortar or online.

article thumbnail

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

365 Retail

Retailers can analyze facial expressions to gain insights into customer emotions and reactions to products, displays, and store layouts. This information can be used to improve merchandising strategies, store design, and overall customer satisfaction. Another application of facial recognition is customer analytics.