Alok Mishra’s Post

Mission Debrief: Shoptalk Fall 2024 🕵️♀️ CLASSIFIED Status: Mission Complete Objective: Boost operational efficiencies for retailers and brands Location: Chicago Date: October 17, 2024   Mission Summary: The intel gathered at this high-level briefing revealed game-changing tactics to tackle inefficiency, waste, and operational bottlenecks in retail. Here’s the classified intel: Agent Dee Murthy (Ghost): Uncovered the truth—brands are more concerned with brand protection than sustainability. His strategy? Tap into resale markets across Africa and India to clear excess inventory without damaging the core business. Waste no time—inventory loses 2% of its value every month it sits. Agent Ronak Trivedi (Pietra): Delivered a breakthrough on AI-driven operations. From designing products in seconds to finding the perfect factory partner at the click of a button, Ronak showed how AI can run a $100M business with just two people. The future is here, and it’s automated. Agent Amena Ali (Optoro): Brought attention to the $750B elephant in the room—returns. Returns cost retailers 30% of the product’s price, and without efficient systems, they end up in landfills. Amena’s playbook? Data-driven returns that are not just eco-friendly but a profit center. Agent dhruv saxena (ShipBob): Dropped the blueprint for distributed fulfillment networks. With 60+ fulfillment centers, Dhruv is turning logistics into a revenue driver, offering brands the ability to provide 2-day shipping without the high costs. 🔑 Key Intel: Operational efficiency isn’t about cutting corners—it’s the ultimate strategic advantage. Whether you’re automating with AI or rethinking reverse logistics, the future is about doing more with less. Mission Complete. Time to deploy these tactics, agents. Over and out. #Shoptalk #MissionAccomplished #RetailInnovation #OperationalEfficiency #AI #SupplyChain #ReverseLogistics #Ecommerce

Is it almost time for #modex2024?! If you plan on being there, be sure to make time on opening day at noon to catch Erhan Musaoglu's talk on DTC fulfillment growth — you're bound to hear some great ideas to help you #FulfillBrilliantly. #wms #fms #fulfillment

🌟 Excited to share that the Simplain Vendor Portal has been recognized by AI SmartBrief as a standout innovation in retail tech! 🏆 Learn how we’re transforming retail operations.👇 #Innovation #RetailTech #Simplain #VendorPortal

Navigating today's wholesale and distribution industry requires innovative solutions to meet unprecedented challenges. The complexities of modern distribution necessitate a shift towards digital strategies to ensure efficient operations across intricate supply chains. At Syscom, we understand the crucial role of technology in addressing these challenges. Adopting digital technologies is essential for wholesale and distribution companies aiming to navigate complexities while maintaining profitability and strong market positioning. It allows businesses to adapt and prosper amid uncertainty. Here are some key insights into how technology acts as a foundation for overcoming distribution challenges: 1️⃣ Automating Inventory Management: Automation is key to efficient inventory management, the backbone of a successful distribution network, ensuring smooth operations from order processing to delivery. 2️⃣ Real-time Data Visibility and Accuracy: Using data insights enhances decision-making, optimises processes, reduces costs, and saves time. Comprehensive data input provides deeper insights, enabling informed decisions to tackle industry challenges effectively. 3️⃣ Enhancing Customer Service with AI: AI empowers distributors to improve customer experiences. By suggesting solutions and proactive resolutions based on historical support data and sentiment analysis, AI streamlines issue resolution, promoting customer satisfaction and loyalty. Our blog article 'Distribution Challenges & How Technology Solves Them' explores the transformative impact of technology on the distribution industry, offering valuable insights and practical strategies to overcome challenges and drive success. 🔗 Discover how technology can be your partner in solving distribution challenges: https://buff.ly/3tK3EpK #Distribution #BusinessDevelopment #ERPSoftware

Find out how AI-driven fulfillment tech improves time-to-value, drives automation impact, and aligns your team for supply chain excellence. Join me at #Modex2024 for my session, "Is Your WMS Helping or Hindering Your DTC Growth?" March 11, 12pm. Explore: 🚀The pivotal role of a Fulfillment Management System (FMS) in revenue growth 🚀Why ditching your old-school WMS is a game-changer 🚀How Logiwa IO, our AI-driven FMS, streamlines tasks for humans with artificial intelligence, resulting in workers visiting 40% fewer picking locations Let's redefine fulfillment! Catch me at the show for a dedicated AI proof-of-concept (POC) session. Secure your spot: https://bit.ly/4bWLsdB MHI: The Association That Makes Supply Chains Work #Modex2024 #SupplyChain

To learn more about how Logzero Technologies can assist with your ecommerce website, please email us at [email protected]. #LogZero #Tech #TechInnovation #Innovation #technology #IT #ITservices #AI #artificialintelligence #techservice #development #techdevelopmet #retail #retailtech #ecommerce

Introducing our new Enterprise AI TrueGradient platform ! Last year, during the same time, we launched first version of self-serve capability in TrueGradient platform. We already knew that #selfserve #integratedplanning using #AutoMLplatform is a #newcategory. What we needed, was a forum which can enable multiple customer connects to build an optimal product. Fortunately, we got an opportunity to partner with Unicommerce , thanks to Kapil Makhija for believing in us. This gave us massive opportunity to interact with a multitude of customers. Also, during same time, we started 2 pilots in North America. These two events came as blessing for us, as we were able figure out our path to #EnterpriseAI version of TrueGradient. Fast forward today, we launch our new Enterprise grade platform for all our existing customers and all our to be customers/ partners. I would specifically like to thank our customers who played a pivotal role in shaping our new product, Eggoz Nutrition, Clairco, Kapiva, Cookd, hummel, Vastramay Pvt. Ltd., Kisah Apparels Private Limited, Vivaanta Fashion to name a few in India. Also, kudos to the TrueGradient team for working relentlessly to make this a reality today! If you are looking for an integrated planning system for supply chain optimisation, hit us at https://lnkd.in/gubKywEp, we will provide you with our self serve product access. Below is a glimpse of our application ! #supplychain #demandplanning #inventoryplanning #priceoptimization #promotionoptimization #assortmentplanning #planogram #selfserve #automl #neuralnetworks #nonlinearity Siddharth Shahi Namrata Gupta Jasneet Kohli Sharad L M Vasu Bhanderi Vishnu Bhanderi

A benefit of being a computer vision company vs a hardware company is the ability to flex AI in more places/more ways. Gather AI is proving that today by launching the first-ever automated inventory monitoring solution for cold storage and freezer environments! The reasons for automating inventory monitoring in these challenging environments are many: ❄ Reduce the time staff spends in challenging conditions ❄ Ensure FIFO compliance to guarantee inventory freshness ❄ Monitor inventory age and expiration dates to reduce waste ❄ Prevent shrink and reduce mispicks, fulfillment delays, and partial shipments ❄ Realize the full benefits of traceability and digital twin visualization This is a game-changer for any 3PLs or logistics providers with clients and inventory in health and pharma, food and beverage, health and beauty, and more. Our client, Langham Logistics, is already realizing these benefits as they serve their life sciences clients. Automation is becoming part of the new warehouse operating system, and it's exciting to see our team continue to serve leading logistics providers with the innovative tools necessary to stay on top. #computervision #supplychainautomation #logistics

2024: The Year #GenAI Becomes Reality for Consumer Sector! GenAI is like the Swiss Army Knife of technology – a tool that’s useful in every situation. It has the ability to improve and combine with other technologies. The solutions it provides may be things that other technologies could deliver, but perhaps not as quickly, easily or cost effectively. It’s opening up immense opportunities but also significant risks and strategic considerations. In this latest article I co-authored with my colleagues John Dubois and Jon Copestake, we explore what to consider as GenAI use cases proliferate and adoption increases: ➡️ Scaling up GenAI pilots is key to boost productivity and engagement ➡️ Balancing risk and reward is a challenge but fundamental when implementing GenAI ➡️ Staying ahead of consumers as GenAI drives new behaviours and expectations  Dive in to find out more 👇 https://lnkd.in/e9gJPM83 Holger Fehlbier, Hendrik Walter, Jan Sauerbrey, Michael Renz, Rebecca Edwards, Arnaud Laroche, Christian Wesp #ConsumerTech #Innovation #teamparthenon #Retail

How will GenAI impact the business ecosystem for brands and retail companies? The rapidly growing development of GenAI fundamentally impacts how consumer goods companies and retailers engage with their consumers. Ludwig Voll and colleagues explore applications and value creating use cases as changing consumer habits and lifestyles present new opportunities. Read more in their latest article: https://lnkd.in/efiDfgpJ #GenAI #CPG #StrategyRealized