Machine Learning: Kroger Connects the Shopper and Supply Chain
For consumer goods manufacturers and retailers, machine learning can be a powerful ally. The supermarket giant's sweeping "Restock" initiative is a perfect case study in how to put data science to use. Kroger is doubling down on this initiative and increasing capital expenditures over the next three years to over $3 billion. The "Restock" strategic initiative calls for integrating machine learning with other technology components to deliver a seamless personal experience and optimize space at the store level. Kroger's plans call for touching 20% to 30% of Kroger's 2,800 stores in 2018 and upwards to 75% of in-store categories changing on average 8 feet of shelving per category all while reducing cost of in-store operations.
Nov-8-2017, 05:30:29 GMT
- Industry:
- Retail (1.00)
- Consumer Products & Services > Food, Beverage, Tobacco & Cannabis (1.00)
- Technology: