\r\n
\r\n“We look forward to working with o9’s superior technology and highly knowledgeable and experienced team to ensure we continue to meet the demand of our customers and grow market share across all of our brands,” Frieman added.
The number of retailers utilizing AI and machine learning technologies has grown exponentially in just the last few months, particularly in the apparel and fashion space. Most recently, luxury brand Karl Lagerfeld rolled out plans to automate allocation processes across its network, tapping artificial intelligence to streamline inventory management.
\r\n\r\nIn June, online resale marketplace Mercari revealed it was tapping into machine learning technology to make transactions more personalized and convenient for shoppers. This news came soon after the retailer detailed plans to adopt conversational AI technologies in its proprietary shopping assistant, Merchat AI – a conversational shopping bot that leverages large language models to process listings and deliver personalized recommendations based on customer prompts.
\r\n\r\nInterested in learning more about end-to-end transformations? This fall, RIS News and Retail Leader are joining forces to debut Value Chain Tech, a unique new annual event focused on the technologies that power the key pillars of value chain success: Agility. Resiliency. Collaboration. Sustainability.
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