Infographic provided by Jake Rheude at http://redstagfulfillment.com
The convergence of Artificial Intelligence (AI) and the Retail industry is underway. Further it has the potential for exponential dissemination across the Retail landscape in the future along with expansion of it’s applications and capabilities.
From playing a role in managing the Customer Experience to providing Buying, Replenishment and Fulfillment capabilities to analyzing the ever growing expanse of Big Data, Artificial Intelligence (AI) is here to stay in Retail.
The following infographic depicts a variety of applications of AI in the Retail space along with real life examples from world renowned companies.
E-Commerce continues to be the fastest growing channel in any industry worldwide. And AI is a technology for today and in the future. A convergence between E-Commerce and AI is a natural fit.
E-Commerce growth requires the deployment of advanced technology in order to provide the scalability necessary to sustain and support that growth. Artificial Intelligence requires channels that have a need to leverage technological capabilities and are willing to experiment, invest and evolve with the progression of AI.
Check out The Internet of Things (IoT) – Welcome the Digital Supply Chain!
#AI #ECommerce #SupplyChain #Technology
Please see our other blog posts at https://supplychaingamechanger.com.
Selected as one of the Top 75 Supply Chain Blogs on the Internet.
The capability we had in E-Commerce order fulfillment was rather basic. We had employees manually pushing carts up and down standard warehouse racking aisles picking goods off of shelves. And when they had completed an order or a set of orders they would then push the entire cart back to a centralized order packing station.
As a Supply Chain Services company we needed a dramatically better capability if we were wanted to have customers trust their growing E-Commerce business with us. Pushing carts around a warehouse is both inefficient and lacks innovation.
We had to go back to the drawing board. But in doing so we would end up with a World Class solution!
Continue reading “From Click to Ship in 4 Minutes! … Principles for World Class E-Commerce Fulfillment”
The Black Friday/Cyber Monday shopping extravaganza is now less than 3 months away. While that may seem like a long time for functions such as Marketing or Sales, for your Supply Chain the Black Friday push should be on right now!
If you have products manufactured overseas for instance then if those products are not either on the ocean right now or en route over land to your Distribution Centres then you are already in trouble!
Continue reading “Black Friday – If your Supply Chain isn’t ready now you are in Trouble!”
Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist
Whether you love, hate or remain neutral on Amazon, one can only marvel and admire the numbers Amazon are already driving in 2017 which only appear to be accelerating.
The infographic from Fortna in this post from Jeff Ashcroft provides a startling picture of where Amazon is at currently and how by 2021 they’re expected to handle over half of online e-commerce transactions with Walmart now only at 5% and growing!
Guest blog content provided by Jeff Ashcroft, Vice President Business Development at Tangentia & IBM Futurist. Learn more about Tangentia at http://www.tangentia.com
Check out E-Commerce (Part 7) – Competing against Amazon? You Need A Blue Ocean Strategy!
#Amazon #ECommerce #B2C #Retail #SupplyChain
Please read our other blog posts at https://supplychaingamechanger.com.
Selected as one of the Top 75 Supply Chain Blogs on the Internet
Amazon has set the benchmark for Last Mile Delivery. With massive Distribution Centres within a short distance of every major population centre they are able to offer fast delivery of virtually any product they sell. The Amazon Prime Now service promises delivery within 1 hour. Amazon Fresh is their grocery delivery option and with their Whole Foods acquisition they are obviously planning for rapid delivery. And the Amazon promise of drone delivery will further cement their leadership in the Last Mile Delivery race.
So how do you compete with that? What are your options? And what is your Strategy?
Continue reading “Last Mile Delivery! What is your Strategy?”
When you order something Online there is great excitement in anticipation of opening your package when it arrives. With any luck the company you have ordered from has provided a positive experience in the online ordering and payment process. Now you are just waiting for the package to arrive.
Most recently we ordered a couple of items online. They were relatively small items and could easily fit in the palm of your hand. Within a couple of days a large box arrived at the front door. I wasn’t quite sure what it was because the box was rather big, big enough for a toaster or perhaps a couple of large board games.
I was surprised when we opened the big box, removed a bunch of crumpled paper and packaging material, and found the 2 small items we had ordered sitting on the bottom of this box. The items could have fit inside a standard envelope. Instead they were deliberately packaged in a box which could have held 200-300 of the items.
What a waste!
Continue reading “E-Commerce (Part 4) – Stop Shipping Air!”
The fast growing E-Commerce channel makes it an attractive avenue for most companies to participate in. The tremendous amount of investment required to participate in online product sales requires explicit decision making as to how a company is going to fulfill those orders.
The E-Commerce Fulfillment solution you choose must take into account your customer’s demands, your competitive pressures, and the financial constraints that most companies have to deal with.
Continue reading “To DC Or Not To DC? That is the E-Commerce Fulfillment Question!”