Applying Artificial Intelligence to the Retail Plastic Problem

IN Artificial Intelligence — 19 October, 2018

Uwe Weiss, CEO at Blue Yonder discusses how as the ethical consumer rises, retailers must implement new processes to radically reduce waste.

Britain’s generation of plastic waste is showing no signs of slowing down. A Guardian investigation conducted earlier this year suggested that plastic packaging waste has reached 1.5 million tonnes a year in…

Intelligent Pricing Could Help to Eliminate Waste from Luxury Brands

IN Artificial Intelligence — 16 October, 2018

The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise, to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand.

The Case of the Missing Aubergine

IN Artificial Intelligence — 11 October, 2018

Earlier this summer, an aubergine shortage at a supermarket in Cheltenham, UK, captured the imagination of the Twittersphere after a ‘devastated’ local resident expressed his dismay at being greeted with an empty bay when he went to find the vegetable.

AI-Powered Price Optimization Could Boost the UK Retail Market

IN Artificial Intelligence — 04 October, 2018

The latest figures from the UK Office for National Statistics (ONS) has revealed that the World Cup and this summer’s heatwave have kept shoppers away from the high street. Sales grew by 0.7 per cent in July following a 0.5 per cent fall in June – changes primarily driven by strong online sales and the food sector, with barbecues, alcohol and garden…

Blue Yonder’s World Cup Run: AI turns its Attention From Retail to Goal Scoring

IN Artificial Intelligence — 24 July, 2018

Blue Yonder’s AI solution spends most of its time analyzing vast amounts of data to predict customer demand and optimize pricing across the retail sector. However, this summer, we took on our biggest challenge yet: predicting the results of the 2018 FIFA World Cup.  

Could Intelligent Pricing Help to Win Back Customers and Drive Sales?

IN Price Optimization — 17 July, 2018

The continued struggles faced by Marks & Spencer, following the reporting of a 62% fall in pre-tax profits in May, illustrates the challenging conditions that many UK retailers are currently facing. The impact of the most difficult trading conditions since the 2009 recession is further underlined in M&S’s plans to close 14 stores this year, taking…

Retail Revival or Fight For Survival? AI is Driving a New Era.

IN Future of Retail — 12 June, 2018

While there have been some big retail closures announced in the UK, consumers are still shopping from physical stores as frequently, and according to a report by Deloitte, brick-and-mortar is predicted to grow by USD 36 billion by 2022. Contrary to popular belief, the retail high street is alive and kicking.    

Blue Yonder Recognized as Finalist for 2018 Microsoft Partner of the Year Awards

IN Events & Awards — 12 June, 2018

Blue Yonder has been named a finalist in the 2018 Microsoft Partner of the Year Awards Retail category. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology. The CEO of Blue Yonder, Uwe Weiss, said: “We are delighted…

Asda-Sainsbury’s Merger: How Synergies Support Grocery Retail Growth

IN Future of Retail — 30 May, 2018

When the UK’s second and third largest retailers — Asda and Sainsbury’s — announced their surprise merger last month, the new grocery business became the largest private sector employer in the UK, overnight.

Ernsting’s family’s Fast Fashion Model Demonstrates the Importance of Price Optimization

IN Price Optimization — 28 May, 2018

Price optimization is a rising concern for retailers of many different types in today’s challenging retail environment. With multiple external influences – from the economy and consumer confidence, to the proliferation of ecommerce and mobile technology in retail and even changing consumer expectations – the issue of price optimization is a…