This is a guest post by Ramzi Alqrainy, Chief Technology Officer, The Chefz. The Chefz is a Saudi-based online food delivery startup, founded in 2016. At the core of The Chefz's business model is enabling its customers to order food and sweets from top elite restaurants, bakeries, and chocolate shops. In this post, we explain how The Chefz uses Amazon Personalize filters to apply business rules on recommendations to end-users, increasing revenue by 35%. Food delivery is a growing industry but at the same time is extremely competitive.
Petropoulos, Fotios, Apiletti, Daniele, Assimakopoulos, Vassilios, Babai, Mohamed Zied, Barrow, Devon K., Taieb, Souhaib Ben, Bergmeir, Christoph, Bessa, Ricardo J., Bijak, Jakub, Boylan, John E., Browell, Jethro, Carnevale, Claudio, Castle, Jennifer L., Cirillo, Pasquale, Clements, Michael P., Cordeiro, Clara, Oliveira, Fernando Luiz Cyrino, De Baets, Shari, Dokumentov, Alexander, Ellison, Joanne, Fiszeder, Piotr, Franses, Philip Hans, Frazier, David T., Gilliland, Michael, Gönül, M. Sinan, Goodwin, Paul, Grossi, Luigi, Grushka-Cockayne, Yael, Guidolin, Mariangela, Guidolin, Massimo, Gunter, Ulrich, Guo, Xiaojia, Guseo, Renato, Harvey, Nigel, Hendry, David F., Hollyman, Ross, Januschowski, Tim, Jeon, Jooyoung, Jose, Victor Richmond R., Kang, Yanfei, Koehler, Anne B., Kolassa, Stephan, Kourentzes, Nikolaos, Leva, Sonia, Li, Feng, Litsiou, Konstantia, Makridakis, Spyros, Martin, Gael M., Martinez, Andrew B., Meeran, Sheik, Modis, Theodore, Nikolopoulos, Konstantinos, Önkal, Dilek, Paccagnini, Alessia, Panagiotelis, Anastasios, Panapakidis, Ioannis, Pavía, Jose M., Pedio, Manuela, Pedregal, Diego J., Pinson, Pierre, Ramos, Patrícia, Rapach, David E., Reade, J. James, Rostami-Tabar, Bahman, Rubaszek, Michał, Sermpinis, Georgios, Shang, Han Lin, Spiliotis, Evangelos, Syntetos, Aris A., Talagala, Priyanga Dilini, Talagala, Thiyanga S., Tashman, Len, Thomakos, Dimitrios, Thorarinsdottir, Thordis, Todini, Ezio, Arenas, Juan Ramón Trapero, Wang, Xiaoqian, Winkler, Robert L., Yusupova, Alisa, Ziel, Florian
Forecasting has always been at the forefront of decision making and planning. The uncertainty that surrounds the future is both exciting and challenging, with individuals and organisations seeking to minimise risks and maximise utilities. The large number of forecasting applications calls for a diverse set of forecasting methods to tackle real-life challenges. This article provides a non-systematic review of the theory and the practice of forecasting. We provide an overview of a wide range of theoretical, state-of-the-art models, methods, principles, and approaches to prepare, produce, organise, and evaluate forecasts. We then demonstrate how such theoretical concepts are applied in a variety of real-life contexts. We do not claim that this review is an exhaustive list of methods and applications. However, we wish that our encyclopedic presentation will offer a point of reference for the rich work that has been undertaken over the last decades, with some key insights for the future of forecasting theory and practice. Given its encyclopedic nature, the intended mode of reading is non-linear. We offer cross-references to allow the readers to navigate through the various topics. We complement the theoretical concepts and applications covered by large lists of free or open-source software implementations and publicly-available databases.
The Tech5 talent search is back again. We scoured, measured, and assessed scaleups from all corners of the continent to bring you the top 100 for 2021. Based on performance, growth, and potential, these companies have proven they have what it takes to join the exclusive Tech5 community. And just what does that mean? The Tech5 community is a network of top European founders designed to help them connect, get access to bespoke events, and gain media exposure.
Instacart contracts hundreds of thousands of gig workers to fulfill customers' grocery orders, but the firm is working on replacing a number of human shoppers with robots in a bid to compete with Amazon's automated fulfillment service. The news, unearthed in company documents obtained by Bloomberg, states Instacart is eyeing automation as a way to cut costs for customers and help it form stronger relationships with supermarket chains. According to people familiar with the matter, the firm's strategy includes building an unknown number of automated fulfillment centers across the US, with some attached to existing grocery stores. Others would be standalone facilities that complete orders for several surrounding grocery stores. Robots would gather non-perishable goods, while human workers would collect produce and deli items in Instacart fulfilment centers.
As physical retail struggles amid the global pandemic, storeowners are rapidly trying to adapt to new realities that also include growing competition from Amazon. But a French startup called Storelift believes it can create a new convenience store concept that leans on many of the same AI and computer vision tools used in Amazon Go stores to reinvent the shopping and checkout experience. This week, Storelift announced that it has launched its first two stores under the name "Boxy." The Boxy stores are repurposed shipping containers that can be plopped down in various urban neighborhoods that lack good shopping options. The founders believe their approach demonstrates how businesses can exploit new shopping niches with the help of sensors, data, and AI that allows them to optimize their inventory and reduce costs.
Here's what Kroger's planned distribution center in Frederick, Maryland will look like. Kroger, the nation's largest grocery store chain, has broken ground on a high-tech customer fulfillment center in Frederick, Maryland. Kroger has no physical stores in the D.C. area, and has no plans for any in the near future. The build-out of the 350,000-square-foot customer fulfillment center, at 71906 Geoffrey Way in Frederick, will take 24 months to complete, and it will eventually employ as many as 500 workers. The facility will be highly automated.
The delivery service follows a pilot program started by the companies in Scottsdale in August and involved Nuro's R1, a custom unmanned vehicle. The R1 uses public roads and has no driver and is used to only transport goods. Kroger's deal with Nuro underscores the stiff competition in the U.S. grocery delivery market with supermarket chains angling for a bigger share of consumer spending. Inc (AMZN.O) have also invested heavily in their delivery operations by expanding their offerings and shortening delivery times. Walmart, Ford Motor Co (F.N) and delivery service Postmates Inc said last month they would collaborate to deliver groceries and other goods to Walmart customers and that could someday use autonomous vehicles.
When we place an order with UberEats we expect the to food arrive within 20 minutes, tops. If we buy a T-shirt on Amazon, we can have it delivered to our door in a matter of hours. As consumers everywhere shift to online shopping and food ordering, suppliers are facing increasing competition and demand for faster and more reliable delivery services. Our current labor-intensive delivery methods may not be up to the challenge, but AI-powered methods are. The development and integration of autonomous delivery systems is rapidly emerging as the leading solution for increasing delivery speed, efficiency and capacity.
It's OK, we can admit it. Between Amazon Prime, Postmates, Grubhub, Uber Eats, on-campus "snackbots," and all the self-driving grocery delivery vans bringing us pizza, Walmart orders, and more, you rarely have to go to the store. But an autonomous vehicle company is taking our extreme laziness one step further: bringing the grocery store to our door. Instead of ordering some carrots, eggs, and almond milk from an app, the San Francisco startup Robomart is bringing Stop & Shop groceries to Boston-area customers. You summon the self-driving vehicle and a selection of grocery items are brought to you.
If you live in the Phoenix metropolitan area, you may have already encountered autonomous vehicles delivering passengers from one location to another. Now, Scottsdale, Ariz., residents can have their groceries delivered via robotically driven vehicles, as well. This week Kroger -- the nation's largest grocery chain -- announced a new partnership with Nuro, a Silicon Valley start-up that produces a self-driving, unmanned vehicle known as the R1 that operates on major roadways alongside cars. As of Tuesday, customers have been able to have their groceries delivered to their homes by the autonomous vehicle with a design inspired by a Formula One racing helmet. "Kroger customers are looking for new, convenient ways to feed their families and purchase the products they need quickly through services like pickup and delivery," Yael Cosset, chief digital officer for Kroger, said in a news release.