
Retail Inventory Shrinkage Remains a Problem
Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. Somewhere between 1.5% and 2.5% of revenue can be lost depending on the channel. For the last
Bradd C. Hayes is the active editor of this blog.
Retail Shrinkage is a serious retail challenge, especially when its causes can’t be accurately determined. Somewhere between 1.5% and 2.5% of revenue can be lost depending on the channel. For the last
One of the most useful forms of artificial intelligence (AI) currently being used by enterprises is machine learning (ML). Machine learning’s rise in the corporate setting is the result of numerous factors,
Adults often walk a fine line when dealing with teenagers. On one hand, teenagers need to be guided in some areas of their lives. Their knowledge & experience is limited and their
Nelson Mandela once stated, “Vision without action is just a dream, action without vision just passes the time, vision with action can change the world.” Occasionally, I read articles about autonomous or
With so many pundits insisting organizations must transform into digital enterprises to survive, a person could easily conclude the workplace is becoming dehumanized. There is, however, an argument to be made that
Discussions about blockchain technology generally fall into one of two categories: cryptocurrency or supply chain. Because the technology remains in its infancy, most discussions about blockchain in the supply chain are filled
Data is the lifeblood running through the veins of the digital economy. Nevertheless, pooled data, like pooled blood, is of little value unless it’s put to use. The question is: How does
Artificial intelligence (AI) is undoubtedly an overhyped buzzword. Michael Watson, an instructor at Northwestern University and a founding partner at Opex Analytics, explains, “‘AI’ is a tech buzzword that seems to take
Evolution has demonstrated that the most important traits for survival are adaptability and resilience. It’s a lesson that must be continually learned, especially in the business world. Former IBM executive Irving Wladawsky-Berger
Many supply chain pundits shake their heads in wonder as companies continue to operate with data locked up in silos. Data silos are a remnant of industrial age organizations and industrial age
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