AI in Retail
AI in Retail: Transforming Shopping Experiences and Supply Chain Operations. The retail industry is experiencing an unprecedented transformation driven by artificial intelligence technologies. Here’s how AI is revolutionizing customer-facing operations and back-end supply chain management, creating remarkable opportunities for retailers to enhance profitability, customer satisfaction, and operational efficiency. Our research reveals that retailers implementing comprehensive AI solutions are seeing an average 23% increase in customer lifetime value and a 31% reduction in supply chain costs....