The Retail Supply Chain: Has Technology Advanced the Process?
Trends are hard to follow whether it be in fashion or technology. Put the two together though and you’re now chasing multiple trends within each industry. Digitizing and automating processes in the retail industry is leading to speedier deliveries and fluctuating effortlessly with consumer demands.
Cloud solutions and AI are proving to be invaluable tools, “taking an AI approach to the supply chain could reduce forecasting errors by up to 50% and overall inventory reductions of between 20% and 50%.” Couple that with the analytics and workflows of an automated, cloud-based supply chain solution and you’ll have no problem maximizing your supply chain efficiency.