To AI or Not to AI: What You Need to Know Now

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To AI or Not to AI: What You Need to Know Now

By Jamie Grill-Goodman - 07/09/2018
MGM Resorts International executive director, merchandise planning and retail systems, Steve Schnur

Artificial Intelligence (AI) isn’t coming to retail. It is here now. It may even be in your organization in small microservices or targeted solutions. Is that a good thing? Or is the downside being overlooked in the rush to adopt the next new thing? Is AI overhyped? Or is the fear of AI overhyped?

At the 2018 Retail Experience Summit, MGM Resorts International executive director, merchandise planning and retail systems, Steve Schnur, will present a closed-door session to explore these questions and more about one of the hottest topics in retail.

Schnur oversees the merchandise planning, analytics, and pricing team as well as the retail systems team at MGM Resorts Retail division. In his pivotal role at MGM Resorts, Steve has developed an innovative Business Intelligence model to support improved decision making across the entire retail enterprise – from buyers, to accounting and finance, to executive leadership. His contributions have optimized operations within MGM’s vast retail enterprise comprising approximately 150 retail outlets.

Schnur has 18 years’ experience in the hospitality industry, including his previous position as merchandise planning manager with Caesar’s Entertainment, and 25 years’ experience in the retail sector, crafting strategies to mine data and apply analytics to ensure the right merchandise is offered at the right price to consumers with varying demographics and demands. He is experienced in collaborating with cross-functional teams to ensure synchronicity across all areas of retail operations, including merchandise planning, purchasing, inventory management, warehouse management, store management, forecasting and trend analysis as well as corporate and property IT teams.

The newly relaunched Retail Experience Summit (formerly Retail Executive Summit) will be held October, 2-4, 2018, at the Grand Del Mar, San Diego, California. The conference features a new interactive format, keynotes from retail leaders, peer-to-peer exchanges, relationship building, and the 8th annual CIO of the Year Awards. For more information, to view the full agenda, or to register for the event click here.