Improving retail supply chains with Generative AI
Breakthrough innovation with advanced technologies is creating new performance improvement and profit opportunities throughout retail supply chains.
Retail supply chains are entering a new era in which the powerful capabilities of Generative AI (Gen AI) are being leveraged in exciting ways to improve virtually every aspect of retail operations. This is especially true in the supply chain where the extensive capture of data creates an abundance of opportunities ideally suited to advanced Gen AI solutions. By automating tasks, generating insights, prescribing actions, and
enhancing decision-making, Gen AI will drive significant efficiencies, cost savings, and competitive advantages.
To realize these benefits, it is important to understand the fundamentals of Gen AI, develop the proper strategy and align with strategic partners who are committed to ongoing innovation and possess the deep domain expertise to properly train and leverage large language models on which high-performing Gen AI applications, such as copilots operate. Such an approach is key to helping retailers operate and continuously improve supply chains that serve the needs of customers in the most cost-effective manner possible.
