Key Takeaways:
- Smart, fast decisions are vital in a highly competitive retail landscape
- AI-powered intelligence can help maximize revenue and customer satisfaction
- Natural Language Processing enables personalised human-like query’s, that can support quicker data analysis. Comprehensive planning and domain expertise can help shape the right AI decisioning strategy
Introduction: Outperforming The Competition With AI In Retail
With retail businesses around the world under ever-increasing pressure, many are turning to AI. The combination of stronger competition, greater consumer demand for personalization, fast-changing marketplaces, and pricing complexity mean retailers are having to operate smarter and more efficiently than ever before.