Walmart and Symbotic Expand Partnership to Implement Industry-Leading Automation System

May 23, 2022 Walmart

Symbotic LLC, a revolutionary A.I.-powered supply chain technology company, and Walmart Inc. announced an expanded commercial agreement to implement Symbotic’s robotics and software automation platform in all 42 of Walmart’s regional distribution centers over the coming years. This is an expansion of Walmart’s prior commitment to deploy Symbotic Systems in 25 regional distribution centers.

Freshflow is Helping Grocery Retailers Fight Food Waste

For years grocery retailers have been using data driven forecasting to help them predict demand to figure out which products to reorder to keep shelves stocked. That’s nothing new. But Berlin-based startup Freshflow is targeting a particular slice of this market: It’s built an AI-powered forecasting platform to help retailers optimize stock replenishment of fresh, perishable goods — such as fruit and vegetables, meat, dairy and bakery products — in order that food waste is minimized and retailer revenue maximized.

Despite Fearing They Lag Competitors in Supply Chain, 87% of Retailers Say They Have Not Yet Taken Meaningful Steps to Embrace AI

April 19, 2022 Symphony RetailAI

Symphony RetailAI, a leading global provider of integrated AI-powered marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers, today announced findings of an executive survey, “Role of AI/ML in Supply Chain and Demand Forecasting,” conducted in partnership with Incisiv. Survey respondents indicated their prioritization of data-related initiatives, with 82% focusing on data-driven demand forecasting and 61% citing improved master data management as a top supply chain priority.

Kroger and NVIDIA to Reinvent the Shopping Experience Through State-of-the-Art, AI-Enabled Applications and Services

March 28, 2022 NVIDIA

The Kroger Co. and NVIDIA announced a strategic collaboration to reimagine the shopping experience using AI-enabled applications and services.

Dot Foods Acquires Morsum

March 7, 2022 Dot Foods

Dot Foods, Inc., North America’s largest food industry redistributor, announced it has acquired Morsum, a leading food industry data and artificial intelligence (AI) platform technology company.