Posts Tagged ‘AI’
How Can AI Support Speciality Retailers?
Artificial Intelligent applications are potentially powerful tools for many industries and retail in no exception. The volume of data which is now available at any retailer today typically is not in short supply. One of the key challenges which many retailers do face is the quality of that data. However, with the right quality and…Read More
Series Two – The Impact of Technology on Retail
Our latest blog series pulls together valuable retail statistics, with series 2 focusing on some key technological retail trends which drive and support customer purchases. What do Customers think of technology in retail? Analysis indicates that customers believe retailers do not always have the technology to deliver on customer expectations. Research by Salesforce  states…Read More
What is Artificial Intelligence?
We are all familiar with hearing the term artificial intelligence (AI) and recognize that the phrase is becoming more and more prevalent across every industry. AI is defined in the English Oxford Living Dictionary as “The theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech…Read More
Forecasting, Machine learning and AI in Speciality Retail. A step by step process.
Nemanja Cvetkovic is one of the chief architects of Island Pacific Planning Analytics, Allocation Manager, Replenishment Manager and more recently Forecast Manager. Island Pacific has spent much time and effort in the area of R&D forecasting and the nuances which can be applied for specialist retailers. In our latest blog Nemanja talks through the step…Read More