Five Business Myths of Artificial Intelligence

Today, artificial intelligence is quickly rising to the top of most companies “must have” tech list.  IDC, a research firm, predicts by 2021, enterprises will spend $52.2 billion annually on AI-related products and services, achieving significant gains from these investments.

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Video:  Driving Value Through Pricing in Omni-Channel Retail

Traditional pricing strategies are not equipped for decision making in the omni-channel space. Fluidity of inventory across channels provides new options for increased sell-through and better customer experience. However, it also adds complexity in pricing decisions that can erode margin and leave inventory stranded in the wrong places.

 
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Three Ways Artificial Intelligence Improves Supply Chain Management

With the rapid advancement of the digital technology, forty percent of retail and consumer products companies are using AI-powered solutions, and this number is expected to double within two years according to a new National Retail Federation survey.

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Revenue Growth Management Is Disrupting How Pricing and Promotions Are Deployed in the Market

Consumer Goods companies are seeking to leverage advanced analytics, machine learning, and artificial intelligence to gain a competitive edge as the industry continues to be hammered by disruption, changing consumer buying habits, and proliferation of indie brands.

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Three Things You Must Do to Maximize Personalization

Digital savvy consumers demand personalization across multiple touch points. Companies that fail to engage risk losing consumers or even worse falling behind the competition. Gone are the days of mass marketing, mass messaging, mass distribution of the same message to everyone. 

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