12 September, 2017
Predictive Analytics And Machine Learning AI In The Retail Supply Chain
In retail, supply chain efficiency is essential. Inventory management, picking, packing and shipping are all time and resource-intensive processes which can have dramatic impact on a business’s bottom line.
The problem is these are complex processes, particularly when it comes to large scale operations covering multiple outlets and territories. The fact they are often dependent on outside forces – suppliers, service providers and even weather – make getting it right even more difficult.