Tag: Machine Learning (ML)

After a three-year hiatus, NRF 2023: Retail’s Big Show was back in full force this January featuring the best of retail and retail tech. 35,000 attendees. 175 sessions. 1,000+ exhibitors. The buzz was intoxicating as positive energy from retailers and technology partners filled the air in spite of recent economic headwinds. Amazon Web Services (AWS) […]

Retailers use demand forecasting to anticipate customer needs and optimize supply decisions. Like most industries, demand forecasting in retail industry uses large amounts of historical data to predict future consumer demand. These forecasts depend upon analyses of variables that impact demand, such as seasonality, promotions, inventory levels, and market trends. Prediction accuracy is influenced by […]

While industries are recovering from the disruptions created by the COVID-19 pandemic, consumer packaged goods (CPGs) continue to deal with major challenges like inflation, changing consumer preferences, and fluctuations in the oil and energy markets. A recently published McKinsey study shows that, during the COVID-19 pandemic, 75 percent of US consumers switched brands or stores […]

Re:Invent 2022 is behind us, and if you didn’t make it to Las Vegas, you missed an exciting week of keynotes, sessions, announcements, and other content to help simplify and speed industrial digital transformation. Industrial customers had a lot to see and explore in the expo, Industry demo tent, and a variety of sessions. Highlights […]

The drive to build interactive experiences for its customers runs in the DNA of Home Shopping Europe GmbH (HSE). From HSE’s origins as the first German teleshopping channel, the live commerce company is reimagining customer engagement. Television, online, and mobile shopping solutions on HSE—which offers clothing, jewelry, cosmetics, home goods, and other items—generate more than […]

In many ways, consumer packaged goods (CPG) brands face many areas of uncharted territory in today’s business climate: pandemics, supply chain disruptions, and ever-changing regulations and consumer expectations. However, despite such volatility, CPGs also face enormous opportunities, as consumer demand continues to rise at an astonishing rate. The following three key principles should be considered […]

Tyson Foods Inc. (Tyson Foods) processes millions of pounds of beef, pork, chicken, and prepared foods each week in its facilities worldwide and strives to achieve operational excellence throughout the production process. With large-scale operations, every manual step adds up, creating potential bottlenecks in the production process. That’s why the emerging technology team at Tyson […]

Black Knight, Inc. (NYSE:BKI) is transforming the mortgage industry and reimagining the home ownership journey for its customers by utilizing digital engagement, automation, and machine learning (ML). Black Knight Origination Technologies leverages AWS ML solutions to better standardize and validate bank statements, thereby increasing accuracy, reducing manual effort, and lowering costs. This is an example […]

A solution guidance to help direct store delivery, route sales, and field service teams take the fastest path Time spent in traffic is the penalty paid by all route sales representatives and field service technicians just to do their jobs. Saving drive time adds to employee morale, customer satisfaction, and company bottom lines. In this […]

The challenge and value of online discovery The power of cloud elasticity helps online retailers expose large volumes of digital content catalogs for shoppers to browse and purchase products. However, it’s a challenge for many retailers to manage their vast online catalogs. And at the same time, with so much content, customers can become overwhelmed […]