PrePass’ Post

Harnessing AI’s potential in retail will be explored at this years’ RCC STORE 23 Conference. Several speakers are tackling how this exciting new technology is transforming retail.

At Kargoplex we are transforming global logistics by connecting shippers, forwarders, and carriers seamlessly to optimize the entire shipping process. See you all at Collision Conf. Let’s do this @namzonthego ! #ai #logistics #kargoplex #logisticscanada #collisionconf #collision2024 #ailogistics #supplychain

📣 Exciting News from the Retail Industry! 🛒 Morrisons has taken a bold step forward by becoming Britain's first supermarket chain to integrate thousands of AI-powered cameras across its stores. The aim? To help staff streamline shelf restocking and improve efficiency. 🤖🛍️ Partnering with Seattle-based AI firm, Focal Systems, Morrisons has seen promising results during trials. These innovative cameras categorize shelf conditions into four main categories: 'OOS' for out of stock 'PLANO' for planogram non-compliance 'LOW' for low stock 'RESTOCKED' when a product is back on the shelf This real-time data feeds into applications that pinpoint areas needing restocking. The ultimate goal? Empowering staff with timely information, enabling them to focus more on exceptional customer service. 🛒🎯 While Focal Systems touts the capability of its technology to automate all in-store decision-making, this advancement hints at a future where supermarkets might reduce their dependence on human staff. What are your thoughts on this AI-driven transformation in retail? Share your opinions below! 👇 #RetailInnovation #AIDrivenRetail #Morrisons #FocalSystems #FutureOfRetail #Efficiency #CustomerService

Join Flexport CEO Ryan Petersen for a Manifest Vegas Plenary session where he paints a picture of how new technologies and service models are reinventing the global logistics industry. AI powering the supply chain decision making is no longer a distant promise; it’s here now and saving us millions of dollars while enabling this much-reviled cost center to become a true accelerant for companies to meet the ever-growing demands of empowered consumers. #ManifestVegas #Manifest2024 #supplychain #logistics

I had a blast partnering with o9 Solutions, Inc. at our NRF LATAM Experience breakfast event last week! 🙌 We hosted more than 20 strategic retail and consumer goods customers and discussed the hottest topics in the industry for 2024. 🔥 The panel discussion with Gabriel Vasconcellos and FRANCISCO CRESPO was very insightful, as they shared their perspectives on the challenges and opportunities that retailers are facing in this volatile economy.  Some are using traditional methods to tackle these issues, such as raising prices or negotiating with suppliers, but these are short-term fixes that don’t address the root causes.  Others are looking for more #resilient and long-term solutions by leveraging the power of #artificialintelligence.  #AI offers incredible opportunities in pricing strategies, customer experience, and #supplychainmanagement.  That’s why we’re so excited about our strategic partnership with o9 Solutions, a leading provider of cloud-based AI platforms for retail and consumer goods. Together, we’re helping retailers transform their business processes and achieve meaningful #digitaltransformations worldwide. 🌎 If you want to learn more, please drop us a message. We’d love to hear from you! Thanks again to the o9 team Gabriel Vasconcellos, Gustavo Calzavara, James Griffiths, Nick Thompson, Chiara Avoli”

If you need to predict something (e.g. demand, lead time, prices, availability of resources, etc.) and understand the key drivers and the probability distribution of the outcome, you need to speak with Anshuman.

AI is all the rage right now.  Feels limitless. And all the attention is on large language models (LLMs). Ironically, language by nature has limitations. Example 1: If you were to explain your last night's dreams it would be pretty hard. But if you were to show me an imagine in your head, that be easier. Example 2: Buying a particular leather jacket you have in mind. How do you describe EXACTLY what it looks like!? This is what we are using AI for to decode those highly complex visuals. And no, we're not using microchips on brains. We are changing the way people shop online. Dive into the Future of Ecommerce as I talk with Marcin Lewandowski on the EU-Startups podcast! We also cover: - How freedom is worth leaving money on the table. - Estonia's unfair advantage. - How AI shifts sustainability. Enjoy the podcast and share your thoughts below. https://lnkd.in/dN_iW4aH #founder #ai #ecommerce #startup #unicorn

Last year, the #delivery world saw a paradigm shift, with an astounding 21.2 billion packages delivered across the United States. This immense volume highlighted the critical importance of efficient last-mile delivery systems. We've closely followed these developments and are excited to share our comprehensive analysis 📈🔍 Our latest blog post delves into the key strategies that shaped 2023, including the rise of crowdsourcing, the move towards self-reliant delivery, and how major players like Amazon, Walmart, and Target adapted to these changes. But what does the future hold? 🤔 We’re also casting our gaze forward to 2024, exploring the potential impact of advanced technological integration, such as #drone delivery and AI advancements, alongside the growing emphasis on #sustainability and personalized delivery experiences. The world of delivery and logistics is evolving faster than ever, and staying informed is key. Read our blog to understand these trends and how they can impact your business. Let’s navigate these changes together and redefine the future of last-mile delivery with Fluid Truck’s innovative solutions. #LastMileDelivery #Logistics #FutureOfDelivery #Innovation #Sustainability #RetailLogistics https://lnkd.in/esBtmmgJ

Exciting advancements in retail security! AI technology, such as Veesion, is transforming the retail landscape by enabling efficient shoplifting detection. VEESION's AI-powered system not only saves time for employees but also enhances security by detecting and alerting staff to shoplifting behavior in real-time. This technology has significantly reduced shoplifting by 90-95% at Key Food Stores Co-Operative Inc. Community Supermarket, offering a secure environment for both customers and employees. What are your thoughts on AI-powered shoplifting detection? Share your insights below! #RetailSecurity #AIinRetail

The future of freight is looking bright! 💡 From the use of automation and AI to improved logistics and security measures, the industry is set for innovation and optimization. Get ready for the transformation! #SupplyChain #FreightForwarding #LogisticsManagement