Discover the secrets behind the success of S Group, Finland's leading grocery retailer with an impressive 48% market share. OW's partnership with S Group has sparked innovation and transformed category management using an AI-driven assortment and clustering tool and advanced analytics to identify the best assortments for the Finnish customers. Hear from my colleagues - Tomas Andersson and Denise van Wijk - in a conversation with Jari Simolin, Heidi Salmi, and Mikko Laukkanen from S Group. Learn how this collaboration has refined S Group's 25,000-product range, resulting in tailored assortments based on customers’ shopping mission and preferences, outstanding shopper feedback, and strong sales growth. The key quote for me is "We really wanted to become the best, not just to be good anymore. I think AI will be a big thing for us in the future." Watch the video on how Finland's largest grocery retailer is enhancing its assortment capabilities leveraging Oliver Wyman’s AI-powered tool here > https://owy.mn/3SYv7xg #RetailInnovation #AI #ChangeManagement
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Discover the secrets behind the success of S Group, Finland's leading grocery retailer with an impressive 48.3% market share. Our partnership with S Group has sparked innovation and transformed category management using an AI-driven assortment and clustering tool and advanced analytics to identify the best assortments for the Finnish customer. Hear from my colleagues - Tomas Andersson and Denise van Wijk - in a conversation with Jari Simolin, Heidi Salmi, and Mikko Laukkanen from S Group. Learn how this collaboration has refined S Group's 25,000-product range, resulting in tailored assortments based on customers’ shopping mission and preferences, outstanding shopper feedback, and strong sales growth. Watch the video on how Finland's largest grocery retailer is enhancing its assortment capabilities leveraging Oliver Wyman’s AI-powered tool here > https://owy.mn/3SYv7xg #RetailInnovation #AI #ChangeManagement
SOK - Behind The Breakthrough
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Discover the secrets behind the success of S Group, Finland's leading grocery retailer with an impressive 48.3% market share. Our partnership with S Group has sparked innovation and transformed category management using an AI-driven assortment and clustering tool and advanced analytics to identify the best assortments for the Finnish customer. Hear from my colleagues - Tomas Andersson and Denise van Wijk - in a conversation with Jari Simolin, Heidi Salmi, and Mikko Laukkanen from S Group. Learn how this collaboration has refined S Group's 25,000-product range, resulting in tailored assortments based on customers’ shopping mission and preferences, outstanding shopper feedback, and strong sales growth. Watch the video on how Finland's largest grocery retailer is enhancing its assortment capabilities leveraging Oliver Wyman’s AI-powered tool here > https://owy.mn/3SYv7xg #RetailInnovation #AI #ChangeManagement
SOK - Behind The Breakthrough
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Discover the secrets behind the success of S Group, Finland's leading grocery retailer with an impressive 48.3% market share. Our partnership with S Group has sparked innovation and transformed category management using an AI-driven assortment and clustering tool and advanced analytics to identify the best assortments for the Finnish customer. Hear from my colleagues - Tomas Andersson and Denise van Wijk - in a conversation with Jari Simolin, Heidi Salmi, and Mikko Laukkanen from S Group. Learn how this collaboration has refined S Group's 25,000-product range, resulting in tailored assortments based on customers’ shopping mission and preferences, outstanding shopper feedback, and strong sales growth. Watch the video on how Finland's largest grocery retailer is enhancing its assortment capabilities leveraging Oliver Wyman’s AI-powered tool here > https://owy.mn/3SYv7xg #RetailInnovation #AI #ChangeManagement
SOK - Behind The Breakthrough
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Discover the secrets behind the success of S Group, Finland's leading grocery retailer with an impressive 48.3% market share. Our partnership with S Group has sparked innovation and transformed category management using an AI-driven assortment and clustering tool and advanced analytics to identify the best assortments for the Finnish customer. Hear from my colleagues - Tomas Andersson and Denise van Wijk - in a conversation with Jari Simolin, Heidi Salmi, and Mikko Laukkanen from S Group. Learn how this collaboration has refined S Group's 25,000-product range, resulting in tailored assortments based on customers’ shopping mission and preferences, outstanding shopper feedback, and strong sales growth. Watch the video on how Finland's largest grocery retailer is enhancing its assortment capabilities leveraging Oliver Wyman’s AI-powered tool here > https://owy.mn/3SYv7xg #RetailInnovation #AI #ChangeManagement
SOK - Behind The Breakthrough
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Artificial Intelligence has the ability to be highly disruptive or in deed helpful for your business The question is how to develop strategies around AI and identify new solutions which are essential to the future of Retail more broadly , Food service or Convenience retail The AI Round Table is sponsored by SymphonyAI and McKinsey & Company is knowledge partner. Insight is now looking to expand the group further globally, signing up more retailers. More details in Dans post below.
CEO at Insight Research & Global Convenience Store Focus | Podcast Host | Mobility - Foodvenience Retail | NACS Relationship Partner, Global | Advisor NACS International Board of Directors | Liquid Barcodes | Noahs
Artificial Intelligence will be the driving force behind retail innovation in 2025. Why not get involved with our new global initiative to help move the industry forwards? Insight Research has launched a quarterly ‘AI Round Table’ for convenience retailers to discuss their strategies around AI and identify new solutions which are essential to the future of the convenience. Participating retailers so far include Marks and Spencer (UK), Applegreen (Ireland, UK, USA), migrolino AG (Switzerland), REITAN AS Convenience (Nordics) and SPAR Henderson Group (UK). The AI Round Table is sponsored by SymphonyAI and McKinsey & Company is knowledge partner. Insight is now looking to expand the group further globally, signing up more retailers. More details👇 Frank Gleeson Insight Research Anthony Wysome
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Unlocking AI's Power in FMCG: Transforming Retail Partnerships!" Discover how FMCG giants like Unilever, Nestlé, and PepsiCo are leveraging AI to thrive in the retail space, despite lacking direct consumer sales data. From supply chain optimization and quality control to personalized marketing and product innovation, AI is revolutionizing the industry. Learn how collaborative forecasting, market basket analysis, and operational efficiency are driving growth and innovation. Don't miss out on these game-changing insights! #AIinFMCG #RetailInnovation #SupplyChainOptimization #MarketBasketAnalysis #PersonalizedMarketing #ProductInnovation #OperationalEfficiency #Unilever #Nestlé #PepsiCo #RetailPartnerships #DataDrivenDecisions #BusinessGrowth #TechInRetail #AI #FMCG #bizzledge
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#Inconversation with Fiona Briggs of Retail Times on why the #GoldenQuarter is so difficult for #retail, and how #AI-driven retailing can drive strategic and tactical benefits which lead to bigger profits. 🔗 https://lnkd.in/dRCePGQf The 100-day countdown to Christmas encompasses the majority of the year’s key fixed seasonal events and is monumentally difficult for retailers. It squeezes together retail’s most profitable period with its most critical planning window. The Golden Quarter demands that retailers not only take every measure to trade out of the year cleanly, but also that they ratify their strategy for the year ahead. Read more on AI-based tools that offer deep insights into both the retailer’s own data and that of the markets - which helps generate foresight. AI presents clear top-down predictions about the performance of the business from a strategic standpoint. And although retailers cannot remove volatility, they can make every effort to control it. Thanks to the speed of AI working with live data, they can discover enough intimate, immediate knowledge of their own operations to be able to make tactical decisions quickly and confidently. #retailautomation #GenerativeAI #RetailTech
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In the ever-evolving grocery retail landscape, managing unpredictable demand has become one of the biggest challenges. From sudden shifts in consumer preferences to supply chain disruptions, grocery retailers are constantly battling to keep shelves stocked with the right products while minimizing waste. SymphonyAI's AI-driven platform is designed to turn these challenges into opportunities. Here's how: - Demand Forecasting: Using advanced machine learning, we predict customer demand with unmatched accuracy, helping retailers make smarter inventory decisions. - Supply Chain Optimization: By analyzing supply chain data, our platform identifies bottlenecks and suggests improvements, reducing lead times and ensuring products reach the shelves faster. - Customer Insights: Understand shifting consumer behavior and preferences with deep, data-driven insights that allow you to tailor your offerings to meet evolving needs. #GroceryRetail #AI #DemandForecasting #SupplyChain #RetailInnovation #SymphonyAI #RetailSolutions #CustomerExperience
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Interesting #AI in #Retail stories in the news: 👉 Sainsbury's’s will use #generativeAI to create a more interactive online shopping experience https://lnkd.in/gkibXaHz 👉 Currys plc uses #GenAI to enhance operations, elevate the shopping experience and improve the experience for its 25,000 people https://lnkd.in/gZWWidBw 👉 Coles Group deepens its relationship with shoppers using #AI to understand the #customerexperience and improve efficiency in store https://lnkd.in/gcZTrGnb 👉 Albert Heijn is using #AzureOpenAI to reduce food waste and help its customers eat healthy https://lnkd.in/grdGvBkx 👉 Otto Group is putting #GenAI into overdrive with an in-house solution based on #AzureOpenAI to accelerate and simplify day-to-day operations and internal processes https://lnkd.in/gY-q7U9b The use cases for #GenAI in #Retail keep getting interesting. These stories are a valuable source of inspiration for organizations looking at innovative ways to drive efficiency and streamline operations. 𝐇𝐞𝐫𝐞 𝐢𝐬 𝐚 𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐨𝐯𝐞𝐫 𝟏𝟓𝟎 𝐬𝐭𝐨𝐫𝐢𝐞𝐬 𝐟𝐫𝐨𝐦 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐛𝐫𝐚𝐧𝐝𝐬 𝐢𝐧 𝐫𝐞𝐭𝐚𝐢𝐥: https://lnkd.in/gMciisBJ
Sainsbury’s and Microsoft announce five-year AI collaboration
news.microsoft.com
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Many people have been asking me lately: "Do you use AI, specifically generative AI, in your business? What have you done and how?" The answer often surprises them. While AI can deliver impressive results, it isn't a one-size-fits-all solution. In many cases, other strategies may be more effective than generative AI. However, there are indeed situations where AI has made a significant impact in retail business.🤝 I have been following ShiSh S. to stay updated on the latest success stories of retail companies leveraging AI. I had the pleasure of meeting ShiSh during a Footprints AI event in Bucharest. It was one of those encounters that leaves a lasting impression—bringing clarity to various topics while also providing plenty of food for thought.🌟 AI is transforming the retail landscape, and it's exciting to see how it's being applied in innovative ways. But we have to remember that each situation must be carefully evaluated to determine the best approach for your business.🚀🛍️ #AI #Retail #Innovation #Leadership #Technology #ContinousLearning #Omnichannel #Retail #CustomerExperience
Global Retail Startups Lead | Top AI Leader 2024 | Top Retail Expert 2024 | Top 100 Retail Technology Influencers | Advisory Board | Public Speaker
Interesting #AI in #Retail stories in the news: 👉 Sainsbury's’s will use #generativeAI to create a more interactive online shopping experience https://lnkd.in/gkibXaHz 👉 Currys plc uses #GenAI to enhance operations, elevate the shopping experience and improve the experience for its 25,000 people https://lnkd.in/gZWWidBw 👉 Coles Group deepens its relationship with shoppers using #AI to understand the #customerexperience and improve efficiency in store https://lnkd.in/gcZTrGnb 👉 Albert Heijn is using #AzureOpenAI to reduce food waste and help its customers eat healthy https://lnkd.in/grdGvBkx 👉 Otto Group is putting #GenAI into overdrive with an in-house solution based on #AzureOpenAI to accelerate and simplify day-to-day operations and internal processes https://lnkd.in/gY-q7U9b The use cases for #GenAI in #Retail keep getting interesting. These stories are a valuable source of inspiration for organizations looking at innovative ways to drive efficiency and streamline operations. 𝐇𝐞𝐫𝐞 𝐢𝐬 𝐚 𝐜𝐨𝐥𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐨𝐯𝐞𝐫 𝟏𝟓𝟎 𝐬𝐭𝐨𝐫𝐢𝐞𝐬 𝐟𝐫𝐨𝐦 𝐬𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐛𝐫𝐚𝐧𝐝𝐬 𝐢𝐧 𝐫𝐞𝐭𝐚𝐢𝐥: https://lnkd.in/gMciisBJ
Sainsbury’s and Microsoft announce five-year AI collaboration
news.microsoft.com
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3moAI optimizes assortment for Finnish shoppers' preferences.