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This article delves into the transformative role of artificial intelligence in streamlining retail supply chains. The article explores how AI can enhance efficiency, reduce costs, and improve customer satisfaction by enabling accurate demand forecasting, real-time inventory management, and efficient logistics and delivery systems. In the fast-paced world of retail, supply chain is the backbone thatRead more

Instacart Contactless checkout systems are proliferating as computer vision and AI power new technologies. This summer has seen a few milestones in the checkout space, including Instacart’s latest version of the Caper Cart and Amazon One adding its palm-recognition payment technology to more than 500 Whole Foods stores. It points to more retailers testing outRead more

Offline retailers in the UP and Bihar market are effectively targeting Gen Z to Millennials by strategically offering affordability and fashion to enhance customer engagement. In Bihar, men constitute the largest customer segment, comprising more than 50% of market, followed by kids at around 25% and rest ladies. The offline retail landscape has evolved significantlyRead more

Alibaba said these technology trends will rise in the next two to five years. With the current technological progress, Alibaba identified the top 10 technology trends in the next two to five years that can make impacts in various sectors of the economy and society. “The boundary of technologies is extended from the physical worldRead more

AI is becoming a bigger priority in Shopify’s product roadmap. On Wednesday, Shopify held Editions, a twice-annual event where the e-commerce giant unveils a flurry of new product announcements. This time, much of the focus was on releasing artificial intelligence tools to help merchants cut down on the time it takes to complete administrative tasks.Read more

E-commerce and warehouse construction activity are showing signs of recovery, which could lead to increased demand for automation tools, according to Interact Analysis. A robot works with boxes on a conveyor belt in a warehouse. imaginima via Getty Images Brief: The warehouse automation industry’s growth rate could return to double digits by 2025 after a recentRead more

AI, or artificial intelligence, has emerged as a significant technological advancement, comparable to the invention of the internet, electricity, and the steam engine. We are currently witnessing a digital transformation, and the future trajectory of AI remains unpredictable. While it may still be years away, AI has the potential to revolutionize industries in a matterRead more

Seven leading companies in artificial intelligence have committed to managing risks posed by the tech, the White House has said. This will include testing the security of AI, and making the results of those tests public. Representatives from Amazon, Anthropic, Google, Inflection, Meta, Microsoft, and OpenAI joined US President Joe Biden to make the announcement.Read more

Photo credit: Line Man Wongnai Thai food delivery giant Line Man Wongnai announced today that it has acquired FoodStory, a startup specializing in restaurant point-of-sale (POS) systems, for an undisclosed amount. The acquisition aims to strengthen Line Man Wongnai’s restaurant management operations, including its POS system and mobile merchant app. Founded in 2012, FoodStory provides dine-in and deliveryRead more

Reuters Malaysia’s Prime Minister Anwar Ibrahim speaks during a news conference to announce his cabinet at Putrajaya, Malaysia December 2, 2022. REUTERS/Hasnoor Hussain/File Photo KUALA LUMPUR, July 14 (Reuters) – Malaysian Prime Minister Anwar Ibrahim said on Friday he held a call with billionaire Elon Musk to discuss automaker Tesla’s investment in the country andRead more