The world of retail optimization comes to life in a dynamic conversation between Russ Hawkins of Agilence and Milena Salmon, host of HIVERY's Retail Maverick show. This podcast delves into the intricacies of the retail landscape and how retail data is reshaping the industry.
Listeners will gain insights into various facets of retail, from table service restaurants to grocery stores and specialty retail. Russ Hawkins discusses the unique challenges faced by different retail environments and the power of data analysis in addressing them.
Key takeaways from this podcast include:
Understanding Retail Diversity: Russ highlights the diversity within the retail industry, encompassing fast food, table service, grocery, self-ordering kiosks, and the consultative approach of specialty retail. Each sector has distinct data utilization needs.
Data Complexity: Russ explores why achieving effective inventory management is an incredibly complex challenge. It involves adapting to local preferences and aesthetics while optimizing distribution and seamlessly integrating online and physical retail.
Enhancing Customer Experience: Overall, listeners will better understand how data analysis is pivotal in enhancing customer experiences and operational efficiency across the retail spectrum.
This podcast provides a comprehensive understanding of the retail industry and how data can help businesses thrive in a constantly evolving market.
AI's Role in Achieving the Perfect Assortment Space Contribution Index
AI's Role in Category Planning: Unlocking Secrets to Optimal Resetting and Cluster Design
Chadd Murphy and Lance Lockwood on how to solve top 5 pain points category managers face with HIVERY Curate AI
Scott Anderson and Dirk Herdes on simulating merchandising decisions with AI
Jon Duke and John Showalter on next-gen merchandising solutions to meet the coming retail challenges
Melissa Mann on store clustering and the challenges category development teams face
Scott Anderson and Zach Simpson on simulating new item success from innovation to execution at retail shelf
Heather Martin and Jackie Wightman on using AI to simulate the impact of human judgement
Steven Soderlund, CMA Board Category Advisor, on the future of category management
Michael Haase on how recipes can engage retail shoppers, increase their basket size and reduce waste
Brand Elverston on new emerging retail risks and inventory management challenges
Dr Gerardo Berbeglia on consumer irrationality impact on category management and future AI models
Jeff Ireland on the challenges and future of category management analytics
Ken Fenyo on the future of retailing: shelf edge messaging, hyper local assortments and more
Dr. Felipe Maldonado on the truth behind consumer rating influencing our buying decisions
Dan Sturman on category management in a world of constant change
Mark Lawrenson on the science of optimization methods and solving real-world problems more optimally
Zach Simpson on shifts in category management, artificial intelligence and making career changes
Tim Rowland on retail robotics and the future of senses
Dr Katrijn Gielens on the disruptive transformation of retail and strategies to adapt
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