Strategy & Operations Leader at Kyndryl | Global Digital Transformation & Commerce Expert | Change Agent | Rethink Retail Expert
One of a retail operation's most underestimated yet critical elements is an optimized, resilient, agile, scalable, and cost-effective supply chain operation. Considering how dramatically customer expectations have changed in the age of Amazon and all the disruptions we have experienced, an optimized supply chain is critical for retail growth and profitability. The narrative has changed, and supply chains are no longer considered a cost function. They are crucial for increasing profitability, integrating digital and physical customer experiences, reducing costs and risk, and driving value. By proactively addressing supply chain disruptions, retailers can position themselves to meet the dynamic nature of consumer demand and gain a far more competitive edge. By leveraging GenAI capabilities, retailers can streamline their operations and quickly adapt to market conditions and consumer demands, including: 📉 Reducing operational costs: Reduce supply chain costs by up to 10% through improved demand forecasting and inventory management 📈 Increasing revenues: Companies with superior supply chain performance achieve revenue growth 2.5 times faster than their competitors 🎯 Enhancing demand forecasting accuracy: GenAI capabilities can help improve demand forecasting accuracy by up to 20%, leading to improved inventory levels ⏰ Driving warehouse efficiencies: Implementing GenAI in warehouse operations can increase efficiency by 25%, thanks to optimized picking routes and automated inventory management 🛳️ Optimizing transportation routes: Optimizing delivery routes and schedules, which could potentially reduce transportation costs by 5-10% Microsoft Fabric can help retail supply chain organizations in several transformative ways, including the following business benefits: 📊 Powering agile supply chains with unified data capabilities: Integrating retail insights, allowing for improved inventory optimization, customer segmentation, sales forecasting, and dynamic pricing capabilities 📲 Providing real-time intelligence: Providing real-time intelligence capabilities that empower supply chain organizations to make strategic actions based on real-time insights and available to promise inventory across channels 🎯 Enabling strategic decision-making: Harnessing the power of data and analytics for strategic decision-making is crucial for supply chain organizations in a dynamic and competitive environment Microsoft Fabric empowers retail supply chain organizations to manage and analyze their data more effectively, respond to customer needs promptly, and make informed decisions that can increase efficiency and profitability. See the comments below for links to learn more about getting started with Microsoft Fabric, Microsoft Fabric: the essential guide for decision-makers, how to manage and govern your data with Fabric, and all about Kyndryl's capabilities #AI #data #azure #supplychain #GenAI #topretailexperts #kyndryl #microsoft #retail
Brandon Rael
1w
Kyndryl and Microsoft Collaborate to Speed the Evaluation and Adoption of Enterprise-Grade Generative AI for Business https://www.kyndryl.com/us/en/about-us/news/2023/08/generative-ai-for-enterprise-with-microsoft
Brandon Rael
1w
Manage and Govern Your Data with Microsoft Fabric and Microsoft Purview https://info.microsoft.com/ww-landing-manage-and-govern-your-data-with-ms-fabric-and-ms-purview.html?lcid=EN-US
Brandon Rael
1w
Microsoft Fabric: The Essential Guide for Decision Makers https://info.microsoft.com/ww-landing-microsoft-fabric-the-essential-guide-for-dms.html?lcid=EN-US
Strategy & Operations Leader at Kyndryl | Global Digital Transformation & Commerce Expert | Change Agent | Rethink Retail Expert
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