In 2022, 80% of consumer-facing businesses reported experiencing one or more major supply chain disruptions, with 50% reporting three or more. Looking forward, 61% of surveyed logistics managers do not expect supply chain conditions to normalize in 2023 or 2024. As economic and geopolitical uncertainties continue to loom over global commerce, industry leaders must act to keep their ecommerce supply chains strong and continue to develop reliable, transparent supplier relationships.

The global market value for data mining tools will triple over the next five years, growing from $9.27 billion in 2021 to $28.5 billion in 2027 – a compound annual growth rate of (CAGR) of 20.62%. Companies across industries are increasingly adopting data mining as a guiding component in their decision-making processes.

While AI has been around in various conceptions for many years, it exploded into public consciousness with the release of ChatGPT in November 2022.

In this guide, you’ll learn what a pricing tool is and explore some of the top products on the market.

In this guide, you’ll learn what Artificial Intelligence and ML are and how they can drive profitability and streamline operations for ecommerce companies.

Pricing sets eCommerce businesses apart and makes your company a leader in your market. However, setting prices isn’t a walk in the park because of all the potential variables.

In the last few decades, chess software has gone from a far-off dream to beating grandmasters. Empowered by AI, computers today can far outperform any human player at chess and help improve a player’s gameplay.

As retailers look toward 2023, knowing the right tools for the trade is more important than ever. These 3 business intelligence tools cover specialized business areas.

How does a business choose the right pricing intelligence tools? Not all pricing intelligence software performs the same or offers the same features, we discuss in this article

Read how retailers today are winning with real-time perpetual inventory management systems, and the role of AI in this success.

Supply chain issues, exacerbated by the COVID crisis, hurt retailers and consumers alike by playing havoc with inventory levels. Too little inventory, and retailers miss out on sales. Too much inventory and retailers use up their cash by holding inventory that isn’t turning fast enough.

Is your business experiencing significant revenue and profit losses due to inflation? Learn what you should do about it in this guide.

Online retail gross margins are strong and trending upwards, affected by sales volume, selling price, product mix, cost of goods sold, and other important factors.

Traditional e-commerce optimization methods work but are not always as efficient as their AI counterpart.

Turn the recession into revenue. Learn how to gain consistent profits in the middle of economic uncertainty with an AI-powered price setting process.

Pricing platform uses automation and data analytics to help businesses determine and implement different pricing strategies and variable prices.