As AI continues to flourish and grow in today’s expanding society, we see multiple industries trying to incorporate it into their business model. Today we are focusing on the retail industry. Retailers today are struggling to adapt to expanding fulfillment and unlimited selection. In the 2019 Retail C-Suite Viewpoint Survey conducted in collaboration with Microsoft it was found that big businesses view AI as a possible solution to these issues. Artificial Intelligence can create the ability to visualize all current inventory of these retail stores creating a better customer experience and increasing the efficiency of the supply chain.
Imagine being able to walk into a store and see exactly how much of each item there is in stock and where to find it. This is what AI is promising to give us. A fast easy way to do any sort of shopping that we would desire. Cutting down the amount of time we would have to spend searching the store for one single item. Expect to be seeing innovations such as these in years to come.