Retail Dialogues: Supply Chain Efficiency through Intelligence

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Most Retail and CPG brands are struggling with supply chain challenges not just on the supply front but also due to shifts in demand patterns. A recent study by a leading research company suggests flexible supply networks help these businesses minimise the risk of disruption in times of stress, Brands are now looking at bringing intelligence in their supply chain network through investments in AI/ML driven technologies. 

Managing supply chains using just the historic data won’t be sufficient anymore. To bring in real time intelligence, AI/ML technologies help model the impact of recent data as well as external factors such as weather, seasons, local demography, local events as well as impact of pandemic. These bring in additional efficiency of 15-25% leading to significant impact on sales, margins as well as enhanced customer experience.    
 
Key Takeaways:
•    Understanding the impact of pandemic on supply chain.
•    What are the key KPIs to monitor?
•    How do AI/ML based technologies can help?
•    How practical or affordable these technologies are to implement?  

Speakers: 
•    Ranjan Sharma, CIO and Head of SCM, Bestseller 
•    Swarnadeep Bandyopadhyay, Head Planning, Spencer's Retail 
•    Ajay Aggarwal, Global Head, Retail, Nihilent
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