Mobile Magazine May 2023 | Page 101

“ A deep understanding of the shopping habits of customers helps retailers not only deliver a personalised experience , but also resolve inventory issues and potential supply chain disruptions that may dilute the experience ”

AMBESHWAR NATH SVP AND INDUSTRY HEAD , CONSUMER , RETAIL AND LOGISTICS , INFOSYS
systems to accurately predict SKU-level demand . Analytical insights help supply chain professionals identify bottlenecks , streamline inventory management , and amplify supply chain efficiencies at the backend .”
“ AI and ML-driven data solutions streamline supply chain operations and improve cost efficiency . A digital thread connects the enterprise , enabling retailers to ship items directly from the manufacturer ' s warehouse , when it has run out of stock ,” Nath adds .
“ Analytics tools also help enterprises make informed decisions to reduce the carbon footprint through smart routing and logistics .”
In essence , by implementing systems designed to align transaction and sales data with real-time inventory , fulfilment can be achieved faster , thereby unlocking a significant competitive advantage .
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