Retail Merchandiser Volume 64, Issue 4 | Page 18

________________________________________________________________________________________________________________________

potential

How AI is revolutionizing retail supply chains . By Eric Linxwiler

Top-performing supply chain organizations are doubling down on their investments in artificial intelligence and machine learning . A recent Gartner study revealed that the most successful organizations are adopting these technologies at a rate of twice their lower-performing counterparts in key areas such as demand forecasting , supply planning , logistics , distribution , and order management . This embrace of AI is providing these early adopters a key competitive edge in a volatile market .

For years , AI has been anticipated to be a game-changer in retail . Now it is fully arriving in the supply chain sector , creating transformative impacts almost overnight . This technology is rapidly bringing speed and efficiency to a new level . It is also becoming a critical component of the drive toward sustainability , as tightening global regulations have made it increasingly difficult to maintain compliance and efficiency without sophisticated digital
18