Category: ai-technology | data-analysis
By Manuel Valenzuela
By Manuel Valenzuela
Standard Retail.
- Advantages:
- Improved efficiency in inventory management and supply chain operations.
- Personalized shopping experiences for customers through data analysis.
- 24/7 availability, providing support and service to customers at any time.
- Enhanced decision-making through predictive analytics and sales forecasting.
- Disadvantages:
- High initial investment costs for AI technology implementation.
- Job displacement for employees due to automation of tasks.
- Privacy concerns with data collection and customer profiling.
- Dependency on technology, which may lead to vulnerabilities if systems fail.
