Today, most retailers are drowning in data, but they aren’t necessarily using it to the best of their advantage.
Enter artificial intelligence (AI) to bridge the gap between the volume of data available and the correct interpretation of that data for strategic business decisions. With retail challenges ranging from store site selection to staffing, retailers that have responded to the AI revolution have seen an increase in profits and a decrease in the guesswork that can make running a business an exercise in trial and error. That’s a big reason behind the 41% of retailers that plan to invest in AI/machine learning solutions next year.
This e-Book takes a deep look at the challenges facing the retail industry and how AI can help retailers put strategic solutions into place that will help them grow and refine their businesses in a fast moving world. Download now and discover:
- How retailers can use AI to reach today’s empowered consumer;
- How AI can help improve demand forecasting and optimize promotions; and
- How automated machine learning enhances operational efficiencies in areas including site optimization, delivery time predictions and forecasting fulfillment center staffing levels.
Download the e-Book now!