FLO aimed to increase forecast accuracy, maximize availability, and optimize inventory smartly to improve supply chain efficiency. Learn how it's efforts helped the footwear retailer to reduce lost sales by 12% and increase availability 23%.
With AI-powered inventory solutions, Migros has achieved an 11% reduction in inventory days, alongside a 1.7% increase in inventory availability, across its entire retail and supply footprint.
Unlike the traditional in-person approach, virtual events offer attendees the ability to tailor the experience to their individual schedules and needs.
Not all tech projects are solely focused on technology. The big ones involve an army of moving pieces. Three industry experts dissect the complexity of today’s top five tech strategies.
Walmart took the top position again this year, but Amazon is quickly closing the gap and looks poised to overtake the retail giant. See who joined these two heavy hitters on the list of retail’s most successful.
Retailers are urgently closing gaps and heavily investing in the supply chain, e-commerce and in-store tech, aren’t they? Not exactly, according to the 2021 RIS Retail Technology Study.
With physical events off the table, virtual events have become an industry mainstay. Advantech Connect takes the idea of a multi-day event to new heights with a virtual agenda spanning months. Learn more about the novel approach.
Protests over mass shootings, attacks on Asian and Black Americans, and lack of diversity have roiled the retail landscape. In response, retailers are pledging action. Will shoppers buy it?
he pandemic lit a fire under retailers to expand the use of robotics, but COVID-19 is not the only accelerant. Advancements in AI, computer vision and sensing systems are also boosting bots.