by Raymond Pettit, PhD | Sep 16, 2024 | Valhalla Views
As with numerous hype cycles that preceded our current preoccupation with artificial intelligence, the time arrives where the rubber must meet the road. That is, businesses come to the conclusion that this ‘magical’ solution needs to be applied to real challenges and...
by Ruth Sarfaty | Sep 16, 2024 | Valhalla Views
Dynamic pricing, an essential aspect of retail strategy, has become a powerful tool in the era of digital transformation. This allows retailers to adjust prices based on real-time market conditions, supply-demand shifts, and competitor activities. Historically,...
by Raymond Pettit, PhD | Jul 24, 2024 | Valhalla Views
mThe retail industry is in the middle of an AI revolution, but despite its long history dealing with large data sets, the business seems to be lagging in AI adoption. The interplay between store, shopper, warehouse, pricing, and stocking processes and systems has...
by Umesh R. Hodeghatta, Ph.D | Jul 24, 2024 | Valhalla Views
AI is a powerful ally capable of revolutionizing customer experience, inventory management, supply chain operations, and sales and marketing strategies. Many large corporations are already leveraging AI technology. Kroger, for example, is utilizing AI to enhance...
by Ruth Sarfaty | Jul 23, 2024 | Valhalla Views
AI transformation is ubiquitous, but ROI can be hard to achieve, at least in the short term. Some retail leaders are cautious about its implementation because they are skeptical of seeing a return. Says Ananda “Andy” Chakravarty, Vice President of Research...
