-
Company Insights
Carrefour S.A – Digital Transformation Strategies
Carrefour Digital Transformation Strategies Overview Carrefour has been focusing on using e-commerce, artificial intelligence, cloud, and blockchain technologies to digitally transform its operations. The annual ICT spending of Carrefour was estimated at $1.9 billion for 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Carrefour is a global consumer goods retailer that operates multi-format and omni-channel retail platforms. The company owns and operates a wide network of hypermarkets, supermarkets, convenience stores,...
-
Analyst Opinions
Cognitive Revolution – Generative Artificial Intelligence (AI) Meets Retail
Generative Artificial Intelligence (AI) in Retail Report Overview Generative AI models can help optimize sourcing and manufacturing, enhance distribution efficiency, personalize the point-of-sale experience, and customize consumer interactions for heightened satisfaction and loyalty. It can optimize sourcing by predicting the best materials for product manufacturing and improving packaging designs, leading to cost reductions and enhanced sustainability. GenAI can also transform distribution, aiding in accurate demand forecasting, route optimization, and efficient inventory management, thus reducing overall logistics costs. The Generative Artificial...