Retail supply chains have become overwhelmingly complex. In order to meet constantly shifting consumer demand and ensure product is where it needs to be, when it needs to be there, savvy retailers are turning to artificial intelligence (AI) to help power their next-gen supply chains.
The instant an order is placed the countdown to delivery begins, and retailers must be able to pinpoint the quickest and most economical way to fulfill it. These vital decisions require sophisticated AI solutions that are able to instantaneously examine inventory levels, delivery distance, weather, fulfillment options and local demand to arrive at the most cost-effective delivery solution. In addition, artificial intelligence can make vital assortment, allocation and inventory decisions at a localized level based on an infinite number of factors.
Retail's leaders have begun infusing their supply chains with artificial intelligence and are reaping the rewards, and those that haven’t are frantically trying to catch up. Keep reading to learn how the early adopters are leveraging this game-changing technology to set their supply chains apart from the competition and meet constantly changing customer demand.