Harry Carollo’s Post

Delving into the transformative power of AI in retail supply chains, the latest blog on Microsoft Industry Blogs titled "Supply Chain AI for the New Era of Value Realization" offers valuable insights. Co-authored by Felice Miller, Business Strategy Leader, Supply Chain & Operations, Worldwide Retail and Consumer Goods and Gaming at Microsoft, and Ben Wynkoop, Global Retail Industry Strategies, Grocery & Convenience at Blue Yonder, the article explores how AI is enabling retailers to respond to customer demands in real-time, plan at a hyperlocal level, and optimize operations across every channel. Together, Microsoft and Blue Yonder are unlocking a new era of value for retailers with AI. With AI-driven solutions, retailers can now empower teams at every point in the supply chain to make predictive and responsive decisions based on access to real-time data and intelligent insights. Learn more in this blog post from Blue Yonder and Microsoft retail and supply chain experts: https://lnkd.in/g9nE6Bpu #AI #RetailInnovation #SupplyChainManagement #MSPartner #MSAdvocate

Delving into the transformative power of AI in retail supply chains, the latest blog on Microsoft Industry Blogs titled "Supply Chain AI for the New Era of Value Realization" offers valuable insights. Co-authored by Felice Miller, Business Strategy Leader, Supply Chain & Operations, Worldwide Retail and Consumer Goods and Gaming at Microsoft, and Ben Wynkoop, Global Retail Industry Strategies, Grocery & Convenience at Blue Yonder, the article explores how AI is enabling retailers to respond to customer demands in real-time, plan at a hyperlocal level, and optimize operations across every channel. Together, Microsoft and Blue Yonder are unlocking a new era of value for retailers with AI. With AI-driven solutions, retailers can now empower teams at every point in the supply chain to make predictive and responsive decisions based on access to real-time data and intelligent insights. Learn more in this blog post from Blue Yonder and Microsoft retail and supply chain experts: https://lnkd.in/g9nE6Bpu #AI #RetailInnovation #SupplyChainManagement #MSPartner #MSAdvocate

Delving into the transformative power of AI in retail supply chains, the latest blog on Microsoft Industry Blogs titled "Supply Chain AI for the New Era of Value Realization" offers valuable insights. Co-authored by Felice Miller, Business Strategy Leader, Supply Chain & Operations, Worldwide Retail and Consumer Goods and Gaming at Microsoft, and Ben Wynkoop, Global Retail Industry Strategies, Grocery & Convenience at Blue Yonder, the article explores how AI is enabling retailers to respond to customer demands in real-time, plan at a hyperlocal level, and optimize operations across every channel. Together, Microsoft and Blue Yonder are unlocking a new era of value for retailers with AI. With AI-driven solutions, retailers can now empower teams at every point in the supply chain to make predictive and responsive decisions based on access to real-time data and intelligent insights. Learn more in this blog post from Blue Yonder and Microsoft retail and supply chain experts: https://lnkd.in/g9nE6Bpu #AI #RetailInnovation #SupplyChainManagement #MSPartner #MSAdvocate

☁️🚀 Delving into the transformative power of AI in retail supply chains, the latest blog on Microsoft Industry Blogs titled "Supply Chain AI for the New Era of Value Realization" offers valuable insights. Co-authored by Felice Miller, Business Strategy Leader, Supply Chain & Operations, Worldwide Retail and Consumer Goods and Gaming at Microsoft, and Ben Wynkoop, Global Retail Industry Strategies, Grocery & Convenience at Blue Yonder, the article explores how AI is enabling retailers to respond to customer demands in real-time, plan at a hyperlocal level, and optimize operations across every channel. Together, Microsoft and Blue Yonder are unlocking a new era of value for retailers with AI. With AI-driven solutions, retailers can now empower teams at every point in the supply chain to make predictive and responsive decisions based on access to real-time data and intelligent insights. Learn more in this blog post from Blue Yonder and Microsoft retail and supply chain experts: https://lnkd.in/g9nE6Bpu #AI #RetailInnovation #SupplyChainManagement #MSPartner #MSAdvocate

AI is revolutionizing the way businesses forecast demand. AI can deliver accurate predictions from raw materials to finished products that help companies plan more efficiently and reduce costs. AI can even predict fresh produce demand in the retail sector, a notoriously tricky task. Moreover, state-of-the-art AI forecasting models can optimize production and enhance the entire value chain by strategically optimizing purchasing, inventory, sales control, and procurement dispatching. Mark your calendars for the upcoming webinar on 7 November 2023, where we'll dive into the latest developments in AI-supported forecasting and show you how to use them effortlessly in your business. The compact 45-minute session, with Timo Klerx and Michael Danninger, supported by Microsoft, includes introducing the Demand Forecast solution from AI.S² and paiqo, followed by a Q&A session. Register now: https://lnkd.in/dtrQZ-AD   #AI #Microsoft #Azure #DemandForecast #Retail #Manufacturing #SalesForecast #PredictiveAnalytics #Procurement #SupplyChain #DataScience #Productionplanning #Production #Purchasing #Data #SAMCorporate

The Essential Toolkit for AI-Driven Forecasting <---- take a look

🚀 What's Next in Retail AI and Automation? Unlocking the Future of Retail! In today's hyper-competitive retail world, AI and automation are non-negotiable for businesses aiming to thrive. Forrester's latest review dives deep into the landscape, pinpointing where retailers should focus their efforts. 🤖📈 Key Takeaways: - **Established AI Wins:** AI solutions like machine learning for inventory management and marketing promotions have been optimizing retail operations for years. Consistent and reliable. ✔️ - **Emerging Tools:** Anomaly detection tools and autonomous stores, like Amazon's Just Walk Out, offer groundbreaking opportunities but require strategic budgeting. Are you ready to invest? 🛒💡 - **Generative AI:** Promises better chatbots and personalized marketing. The catch? It needs rich data. Don't rush—prove the potential first. 📊✨ Forrester’s Tech Tide™ framework categorizes these technologies based on their maturity and utility. Retailers, it's time to align your AI investments with your brand’s goals and capabilities. 📚🔍 💬 What AI and automation tools are you leveraging in your retail operations? How are you navigating budget and strategy? Share your thoughts!👇 #RetailAI #Automation #TechTide #MachineLearning #GenerativeAI #RetailTech #AIinnovation #CustomerExperience #EmergingTech 👉 Dive deeper into Forrester’s extensive AI research for more guidance on your AI journey. Let’s shape the future of retail together! 🚀

Numerous studies demonstrate that GenAI capabilities are accelerating, and its impact is driving value across retail businesses. - McKinsey & Company reported that AI will create $400-660 billion in value for the retail and consumer goods industry. - FTI Consulting data shows that nearly 80% of online shoppers believe AI personalization can enhance their online experience. - Microsoft commissioned a study conducted by IDC shared that retailers average a return on investment of $3.50 for every $1, and 5% of companies realized an average return of $8 when they invest in AI capabilities.    Read Brandon's latest post #2 in a 4-part series to learn more about how GenAI capabilities can benefit your retail business.    #msftadvocate #MicrosoftCopilot #microsoft #Copilot #GenAI #AI #retail #commerce #frontlineretail #storeassociate #innovation

Are you one of the 96% of Retailers that have made AI adoption a priority in the future? Check out this survey discussing how much game-changing AI is being utilized in the retail supply chain: https://ow.ly/w34650PVBRn The survey reveals how engaged your competitors are in leveraging the incredible potential of AI to optimize supply chains, boost efficiency, and improve customer experiences. But how can you harness this transformative technology? That's where Armeta comes in! Armeta's data engineers are your key to unlocking the true potential of AI in your retail operations. Our team of experts is dedicated to helping you seamlessly integrate AI solutions into your supply chain and operations - streamlining processes and boosting your bottom line. #AIinRetail #datatransformation #datacloud

Retail and AI - data, generative, supply chain, internal & external: #ai #commerce #retail #eCom #data #generative #visibility #supplychain