2,074 results found

AI in Sourcing: The Need of the Hour?

With sourcing procedures and practices facing increasing scrutiny, retail players are increasingly looking to artificial intelligence (AI) programs improve operational efficiency. We discuss five key applications of AI across sourcing stages, the challenges they address and innovators offering AI-based solutions.

May 2022 Monthly Consumer Update: US, UK and China

Analyzing consumer demand in April 2022, we saw UK retail sales growth losing momentum, stronger-than-expect retail sales growth the US and total retail sales continue to decline in China. We assess these trends and consider wage growth and food and fuel prices in these three markets.

Are NFTs a Game Changer in Retail Supply Chains?

Although the metaverse is expanding exponentially, with non-fungible tokens (NFTs) and blockchain technology making further inroads into retail, the application NFT technology within retail supply chains is still nascent. We discuss how NFTs can improve supply chain traceability, enhance authentication and boost security.