Post by sakibkhan51 on Feb 28, 2024 3:51:26 GMT
Marketing is not the only one to have become 4.0 : Industry is too. To put it simply: we live in the era of the fourth industrial revolution, which has allowed the automation of production processes and the guarantee of data exchange thanks to technologies such as: the Internet of Things (IoT) the Industrial Internet of Things (IIoT) intelligent manufacturing cloud computing Artificial Intelligence And it is thanks to industry 4.0 and the growing attention to consumer needs that retail is also working to establish a relationship that is attentive to their needs. In fact, today retailers need to increase connections with the consumer and create an increasingly hybrid environment that can facilitate consumers on the one hand and producers/distributors on the other. This is because, despite technological innovation, physical stores will remain a vital part of the industry in the future, with 57% of consumers making purchases in-store , trying to satisfy needs for price, quality, ease of use and availability.
Predict, monitor and control purchases Let's now focus on one Morocco Phone Number of the needs of consumers: the availability of products. To understand how important it is, just think about your experience as a consumer. Let's think about it: Do you tend to always go to the same shop to buy a food item? If you don't find the product you're looking for, you have no problem changing the store, right? These two questions serve to understand that in the large-scale retail trade sector a high rate of familiarity and a high rate of infidelity coexist. To be clearer: consumers tend to always frequent the same stores due to the familiarity they find in the stores. However, if the product is not available they will have no problem changing store to meet their needs . For this reason, product availability is a fundamental element that can today be predicted and studied thanks to artificial intelligence applied in supermarkets and the retail sector. The Tuidi case: bringing artificial intelligence to supermarkets The time has come to make what has been said so far more concrete.
To do this we use an all-Italian case study: Tuidi, a tech startup that has innovated the retail and large-scale distribution sector. As? Thanks to Artificial Intelligence and, specifically, thanks to Delphi: a virtual assistant capable of cross-referencing millions of data relating to endogenous and exogenous variables, including weather forecasts, holidays and competitor data. The aim is to predict and suggest purchases, as well as improve company performance . Tuidi brings artificial intelligence to supermarkets Tuidi brings artificial intelligence to supermarkets In fact, the use of artificial intelligence in large-scale retail trade allows us to avoid: stockouts (i.e. the exhaustion of a product in a point of sale) warehouse inventories that cause food waste and to increase:
Predict, monitor and control purchases Let's now focus on one Morocco Phone Number of the needs of consumers: the availability of products. To understand how important it is, just think about your experience as a consumer. Let's think about it: Do you tend to always go to the same shop to buy a food item? If you don't find the product you're looking for, you have no problem changing the store, right? These two questions serve to understand that in the large-scale retail trade sector a high rate of familiarity and a high rate of infidelity coexist. To be clearer: consumers tend to always frequent the same stores due to the familiarity they find in the stores. However, if the product is not available they will have no problem changing store to meet their needs . For this reason, product availability is a fundamental element that can today be predicted and studied thanks to artificial intelligence applied in supermarkets and the retail sector. The Tuidi case: bringing artificial intelligence to supermarkets The time has come to make what has been said so far more concrete.
To do this we use an all-Italian case study: Tuidi, a tech startup that has innovated the retail and large-scale distribution sector. As? Thanks to Artificial Intelligence and, specifically, thanks to Delphi: a virtual assistant capable of cross-referencing millions of data relating to endogenous and exogenous variables, including weather forecasts, holidays and competitor data. The aim is to predict and suggest purchases, as well as improve company performance . Tuidi brings artificial intelligence to supermarkets Tuidi brings artificial intelligence to supermarkets In fact, the use of artificial intelligence in large-scale retail trade allows us to avoid: stockouts (i.e. the exhaustion of a product in a point of sale) warehouse inventories that cause food waste and to increase: