💡According to recent research by Forbes, the combination of big data and AI can automate nearly 80% of physical labour, 70% of data processing and 64% of data collection tasks. AI can analyse data to perform pattern creation or classification processes over time. ➡️These are the benefits of combining AI with big data in pricing: 🔹Optimisation: Helps make production and decision-making processes faster, more accurate and more reliable. 🔹Efficiency: Reduces time spent on data analysis processes. 🔹Better prediction: Artificial intelligence applied to big data has the potential to predict future data sets by recognising patterns and determining the impact of trends in results. #eCommerce #DynamicPricing #BigData #AI
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🛠️ ️Struggling with data quality in your AI initiatives? You’re not alone – one RELEX Solutions survey showed that 56% of respondents ranked data quality as the biggest challenge in implementing AI in retail and supply chain management. But there’s a solution: AI can do more than analyze data; it can actively improve it. From reducing anomalies to uncovering demand signals, AI tools are turning data challenges into competitive advantages. Check out this blog by Laurence Brenig-Jones to discover how to make data work for you. Turn AI into a dynamic part of your strategy, and start seeing real ROI in your supply chain! 🌐 🔗 https://lnkd.in/diurAQrC #AI #Data #QualityData #SupplyChain #RetailTech
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🛠️ ️AI can be a struggle! Data is key! Struggling with data quality in your AI initiatives? You’re not alone – one RELEX Solutions survey showed that 56% of respondents ranked data quality as the biggest challenge in implementing AI in retail and supply chain management. But there’s a solution: AI can do more than analyze data; it can actively improve it. From reducing anomalies to uncovering demand signals, AI tools are turning data challenges into competitive advantages. Check out this blog by Laurence Brenig-Jones to discover how to make data work for you. Turn AI into a dynamic part of your strategy, and start seeing real ROI in your supply chain! 🌐 🔗 https://lnkd.in/dHskZHiD #AI #Data #QualityData #SupplyChain #RetailTech
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Strategic Account Director at Relex Solutions | Driving Supply Chain Success with Cutting-Edge Solutions
🛠️ ️Struggling with data quality in your AI initiatives? You’re not alone – one RELEX Solutions survey showed that 56% of respondents ranked data quality as the biggest challenge in implementing AI in retail and supply chain management. But there’s a solution: AI can do more than analyze data; it can actively improve it. From reducing anomalies to uncovering demand signals, AI tools are turning data challenges into competitive advantages. Check out this blog by Laurence Brenig-Jones to discover how to make data work for you. Turn AI into a dynamic part of your strategy, and start seeing real ROI in your supply chain! 🌐 🔗 https://lnkd.in/err2yFSm #AI #Data #QualityData #SupplyChain #RetailTech
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Pioneering AI for the future. A seasoned entrepreneur with over three decades of experience, specializing in crafting future-proof strategies that drive success.
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Helping retailers improve their forecasting and replenishment processes through edge technology.
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