Artificial Intelligence (AI) is a very popular buzzword in the retail industry today, and not without its merits. As such, it is important to know the misconceptions that are out there and what the truth really is....
Tech Mahindra and Retalon Join Forces to Provide Full Spectrum of Digital Solutions for Retail and Consumer Packaged Goods (CPG) Industry Partnership will provide AI and predictive analytics tools for superior customer experiences, smarter inventory & fulfilment decisions, resulting in gross margins growth from 9-12% annually NEW DELHI and TORONTO, Jan. 11, 2023 /PRNewswire/ - Tech Mahindra,...
In collaboration with Thinkmax, Retalon will deliver its advanced analytics and AI solutions to Canadian retailers using the Microsoft Dynamics 365 ERP. This will allow retailers to quickly deploy Retalon’s advanced AI-driven analytics solutions for planning, inventory, lifecycle pricing, and much more at the click of a button....
If you’ve been hearing rumours that your competition is harnessing AI-powered analytics and you’re not doing so already, then you should probably worry. According to McKinsey & Company, front-runners who adopt AI within the next five to seven years will lead their competition by over 120%....
Humans have spent the last 50 years providing computers with millions of instructions in the form of algorithms. As a result, today computers can act in numerous situations that are well defined, such as calculating the trajectory of a spaceship, tax returns, accounting balances and so on....
Retalon has been recognized by Retail Today magazine as a leader in the supply chain and merchandising technology categories in Retail CIO Radar 2022, a first-of-its-kind annual list of the most innovative & transformative retail technology solution providers....
The truth is the only constant change. Digital retailing is an industry mainstay and has pushed established brands to evolve. Meanwhile, a new generation of companies are already here, they’re well developed to fit the current retail landscape and they are growing....
This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. In 2018 retail giant H&M disclosed that they had $4.3 Billion in overstocks. An amount that is hard to picture and even harder to...
Retalon, an award-winning provider of AI and predictive analytics for retailers has become a Microsoft Partner through the release of their analytics solutions for planning, inventory management, and lifecycle pricing on Microsoft Dynamics 365....
There are some who believe that sustainable supply chains that lead to a greener planet can only exist at the expense of the business. As if it were some sort of “can’t have the cake and eat it too” type of deal. This is a misconception....