SPAR Group’s Post

Discover how to maximize your retail shrink reduction strategies with insights from Mike Matacunas, CEO of SPAR Group. In his latest article, Mike explores innovative technologies and strategic initiatives that can help retailers combat shrink and protect their profits. From AI surveillance to predictive analytics, find out the five key strategies you should be implementing now. Read the full article here: https://lnkd.in/gaKV4kWQ Stay informed and ahead of the curve! Subscribe now to receive our latest articles and insights directly to your inbox. Don’t miss out on expert tips and industry updates! https://lnkd.in/gE7ikHER #SPAR #GoforBold #EveryClientEveryDay #Retail #ShrinkReduction #LossPrevention #RetailTechnology #ThoughtLeadership

High shrink issues?? Here are some strategies on how to maximize your retail shrink reductions!

Thanks National Retail Federation for the shoutout! Read all about AI's emerging use cases across the retail sector. "For the past seven years, NRF, with support from Tusk Strategies, has worked to identify the top technologies transforming retail across the product and shipping journeys for the Innovation Lab. "Seth Webb attributes the recent growth to increases in use cases and utility. 'That is spurring increased investment, which is driving new companies, and more companies, and more use cases,' he says. AI used to be more focused on preferences or marketing. "Today, however, 'it is really being used all the way through the shopping journey. We’re just seeing applications grow across the whole retail operation.'" https://lnkd.in/gfWi5gw7

Brick-and-mortar retailers are facing new challenges every day to remain relevant and competitive. Often, improving supply chain management can make a big difference- but that's a challenging task. MRI can help manage supply chain disruption! Read more in our blog about how we can take this stress off your plate with automation and AI.

Elevates pricing accuracy effortlessly! Stay current with up-to-the-moment #pricing #data. AI image recognition bridges the gaps, ensuring #accuracy. Unveil average prices, delve into competitor analysis, and optimize operations smartly. Find out more about how IR-powered price monitoring for CPG industry👇 https://lnkd.in/gR2a2Jy7

We conducted a survey of 285 retail, CPG, and wholesale executives globally in February 2024. The Relex State of Supply Chain 2024: Retail and CPG Dynamics report found that while 57% of retailers and CPG companies plan to invest in predictive and generative AI in the next three to five years, AI and machine learning (ML) ranked fifth in importance for overall technology spending. https://buff.ly/3wgNvcx

Supply chains and #operations have the potential to drive enhanced customer and employee satisfaction. Discover the future of #AI in supply chain in this CNBC Real Time Insights article: https://lnkd.in/dNrD7NDb #EYSupplyChain #supplychain

Find out how any network of brick-and-mortar stores can benefit from artificial intelligence and machine learning driven data solutions. We're talking about profitability, optimization, and more. #profitability #dataanalytics #whitepaper #ai #ml #brickandmortar #retail

Indeed, fast reaction to competitors pricing actions on retail shelves leads to better sales performance. Learn how to make quick and easy step towards perfect retail execution with Ailet Solutions

#AI created Beer 🍺named Autonomous!? It is always eye-opening when I look at how AI helps in industries. In our second monthly webinar, Delve into AI with Tech Data APAC, I talked the latest AI experiments and common use cases in the #Consumer and #Retail industry. Comment below on great use cases you have seen :) Stay tuned for Finance and Healthcare use cases. Ivan Hecimovic Benjamin Franks David Verhagen Daryn Higgins Tracy Koh Francis Albert TD SYNNEX Mohamed Noorul Huq Rohan Bhalla Aravind Inavolu Rushab Jha Accelerate World Siong Huat Ch'ng Dhwani Tambokar LSS Black Belt®,CSM®