Artificial Inteligence Reference Retail Software Review 
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]. Risk Management.
Wrike
JANUARY 24, 2024
Improve order accuracy: Implementing barcode scanning systems, automated inventory tracking, and regular audits can decrease the number of incorrect shipments and prevent your customers from unleashing their wrath in the form of a bad review. Example: An online retailer begins investing in advanced inventory management technology.
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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.
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. It has been reviewed and revised by our team of experts to ensure accuracy and quality.
Wrike
JUNE 11, 2023
Understanding Product Lifecycle Management At its core, product lifecycle management (PLM) refers to the process of managing a product from its conception to its retirement. Decline Stage Lastly, sales begin to decline due to market saturation, changing consumer preferences, or the introduction of superior alternatives.
Wrike
SEPTEMBER 2, 2023
A market opportunity refers to a favorable set of external conditions that can potentially lead to the generation of demand for a product or service. For example, a smartphone manufacturer may introduce a new model with advanced camera capabilities or a longer battery life. There’s no better time to start than now.
Wrike
APRIL 5, 2024
Project coordination refers to the day-to-day administration of a project. Team conflicts : These can happen at any time in the workplace, due to personality differences or conflicting priorities. To keep your project on track and on scope, try these two tactics: Conduct regular project scope reviews. Find out more here.
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