Data Drivers: Retail Analytics Dashboards
Discover the unexpected impact of cloud-based analytics dashboards on retail operations. Uncover how retailers are using cloud technology to revolutionize their approach to data and analytics, leading to enhanced operational efficiencies and data-driven decision-making.
Stay tuned to find out how cloud adoption has transformed the retail landscape and what it means for the future of retail operations. The potential for innovation and growth is boundless, and you won't want to miss out on understanding the game-changing impact of cloud-based analytics dashboards in the retail sector. Get ready to reimagine the future of retail with cloud technology at the forefront.
“Cloud and AI together can provide the foundation to really aggregate data, develop and refine the artificial intelligence and machine learning models, create and optimize many different scenarios in things like demand planning, inventory forecasts, warehouse transportation management, as well as omnichannel fulfillment." - Venky Shankar
Join host Andrew Smith, Co-founder & Managing Partner at ThinkUncommon, and special guests:
Felice Miller, Business Strategy Leader, Retail & Consumer Goods at Microsoft
Venky Shankar, Professor and Ford Chair in Marketing & E-Commerce at Texas A&M University
Shannon Wu-Lebron, Corporate Vice President of Retail, AI/ML, Commerce, SaaS GTM, Partners, P&L, Supply Chain at Blue Yonder
Guy Courtin, Vice President of Industry and Advanced Technology at Tecsys Inc.
In this episode, you will be able to:
Unlock operational efficiencies with cloud-based analytics dashboards in retail.
Discover the impactful benefits of AI and machine learning in the retail industry.
Enhance your business model through cloud migration for unparalleled growth.
Optimize your supply chain using cutting-edge cloud technology.
Supply Chain Optimization with Cloud and AI
Imagine this, an AI controlling your supply chain, making timely decisions about demand planning, inventory forecasting, and omnichannel fulfillment. Surreal, right? Not anymore. The potent duo of cloud and AI is redefining supply chain optimization like never before. We’re talking here of high-level data computation, enhanced efficiency, and improved collaboration, all happening in real-time. Venky Shankar brings this aspect to life by highlighting how AI and cloud together form the core of aggregating and analyzing data. His insights feel like a behind-the-scenes tour of a futuristic warehouse where seamless functioning is the norm rather than the exception.
The Impact of Cloud Adoption on Retailers
The digital transformation wave in the retail industry has given rise to localized, high-speed cloud-based solutions. This tectonic shift, heralded by the pressing demands of the pandemic, has seen retailers saying goodbye to their traditional operating models, and welcoming a new era of agility and resilience anchored in the cloud. This fascinating journey to the cloud has, without a doubt, fundamentally altered the retail landscape, opening up uncharted territories such as micro-fulfillment centers and last-mile deliverables. It’s like discovering a secret key to a hidden door that’s got endless possibilities on the other side. In the podcast, Andrew Smith emphasizes how this revolution was sparked off by the pandemic. Retailers started seeing the cloud as more than just a tech fancy and began recognizing its transformative potential. Listening to him, it's like watching a snowball effect, where the momentum only keeps building, and retailers are driving a collective shift to a cloud-dominated industry. That’s pretty incredible, right?
Future Potential of Cloud Technology in Retail
The future of retail seems to be floating in the cloud! North America is leading the way, shining bright as a testament to what the future might hold - integrating AI and machine learning for even broader applications. It paints a future-oriented picture of global scalability, quick innovation, and enhanced customer engagement. This is not just a dream anymore, but a tangible reality taking shape. Andrew Smith gives us a peep into the future with his insights on where we’re headed. It’s a fascinating world where markets are growing tremendously, and retailers are increasingly relying on AI and machine learning integrated clouds. From Andrew's conversation, it seems like they're already boarding the spaceship to the future of retail.
Special thanks to Felice Miller, Andrew Smith, Shannon Wu-Lebron, Venky Shankar, Guy Courtin, and Microsoft.
Apply to be a guest on the show, here.
