Predictive Analytics And Machine Learning AI In The Retail Supply Chain

In retail, supply chain efficiency is essential. Creating efficiencies in complex systems which involve multiple, often compartmentalized processes is an area where this technology excels. Monte Zweben – CEO of Splice Machine, which provides predictive systems for industry, talked me through three key areas where retailers are increasingly looking towards data-driven analytics in order to drive efficiencies in their supply chains. "So, now you can build a machine learning model," Zweben says, "and that model could make a prediction about any aspect of the operation based on the data it's got.