Artificial Inteligence Monitoring Reference Retail 
The IIL Blog
OCTOBER 24, 2023
In November 2022, when ChatGPT was made available to the public, it put Artificial Intelligence (AI) into the spotlight for all people – not just ‘techies’ and those who have followed AI for a long time. Indeed, Artificial Intelligence is not really new. The groundwork for AI started in the 1900s [1]. Action Taker.
Wrike
SEPTEMBER 2, 2023
Understanding Process Innovation Process innovation refers to the redesign and improvement of existing business processes to achieve enhanced efficiency, effectiveness, and competitiveness. Organizations can leverage technologies such as artificial intelligence, machine learning, and big data analytics to drive process improvements.
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Wrike
SEPTEMBER 2, 2023
It involves coordination and collaboration among various stakeholders, including suppliers, manufacturers, distributors, retailers, and customers. Reducing lead times: Lead time refers to the time it takes for a product to move through the supply chain, from the initial order to its delivery.
Wrike
JANUARY 24, 2024
Companies will often engage in activities such as monitoring stock levels, recording inventory movements, and verifying that products are readily available when customers need them. Example: An online retailer begins investing in advanced inventory management technology. Let’s get started! They also keep your customers happy.
Wrike
JUNE 11, 2023
Customer behavior refers to the actions, attitudes, and decision-making processes exhibited by individuals when purchasing products or services. By monitoring and analyzing conversations and interactions on social media platforms, organizations can gain insights into how their target audience thinks and behaves.
Wrike
JULY 23, 2023
Understanding the Basics of Supply Chain Logistics Supply chain logistics refers to the coordination and management of all activities involved in the movement and storage of goods and materials within a supply chain. Collaborating with reliable carriers ensures that goods are handled with care and delivered on time.
Wrike
SEPTEMBER 2, 2023
For instance, a retail store may have customer service representatives available in-store, ready to assist customers face-to-face. What’s more, businesses can leverage social media platforms to monitor and respond to customer feedback in real-time.
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