"AI for Retail is a practical guide for how to integrate AI into brick-and-mortar retail practices to make businesses more efficient. It will start with the three common answers to "what is the future of retail?" and why they are wrong: nothing will change, Amazon Go will take over traditional stores, and there will no longer be grocery stores. What's the right answer? Traditional retail businesses need to use AI to automate all back-office, self-checkout, curbside, and delivery processes. Large companies like Amazon have mandated that every manager in their business, HR, accounting, and product departments must adopt AI. The problem is most retailers do not have an AI strategy and will be left behind as savvy companies take the lead. AI for Retail provides powerful case studies about how AI is being used in retail today and how much value it adds. It will expose the complexity of retail and why only AI can solve it in the long term"--
The coming of the AI revolution in brick-and-mortar retail
In AI for Retail: A Practical Guide to Modernize Your Retail Business with AI and Automation, Francois Chaubard, AI researcher and retail technology CEO, delivers a practical guide for integrating AI into your brick-and-mortar retail business. In the book, you’ll learn how to make your business more efficient by automating inventory management, supply chain, front-end, merchandising, pricing, loss prevention, e-commerce processes, and more.
The author takes you step by step from no AI Strategy at all to implementing a robust AI playbook that will permeate through your entire organization. In this book, you will learn:
- How AI works, including key terminology and fundamental AI applications in retail
- How AI can be applied to the major functions of retail with detailed P&L analysis of each application
- How to implement an AI strategy across your entire business to double or even triple Free Cash Flow
AI for Retail is the comprehensive, hands-on blueprint for AI adoption that retail managers, executives, founders, entrepreneurs, board members, and other business leaders have been waiting for.