Linking OSA and Shrinkage with Brand Elverston

Supply Chain LEAD Podcast

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1
Understanding the Elegant Math Behind Modern Machine Learning 1:14:43

منذ 9 أيام1:14:43

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1:14:43

Artificial intelligence is evolving at an unprecedented pace—what does that mean for the future of technology, venture capital, business, and even our understanding of ourselves? Award-winning journalist and writer Anil Ananthaswamy joins us for our latest episode to discuss his latest book Why Machines Learn: The Elegant Math Behind Modern AI . Anil helps us explore the journey and many breakthroughs that have propelled machine learning from simple perceptrons to the sophisticated algorithms shaping today’s AI revolution, powering GPT and other models. The discussion aims to demystify some of the underlying mathematical concepts that power modern machine learning, to help everyone grasp this technology impacting our lives–even if your last math class was in high school. Anil walks us through the power of scaling laws, the shift from training to inference optimization, and the debate among AI’s pioneers about the road to AGI—should we be concerned, or are we still missing key pieces of the puzzle? The conversation also delves into AI’s philosophical implications—could understanding how machines learn help us better understand ourselves? And what challenges remain before AI systems can truly operate with agency? If you enjoy this episode, please subscribe and leave us a review on your favorite podcast platform. Sign up for our newsletter at techsurgepodcast.com for exclusive insights and updates on upcoming TechSurge Live Summits. Links: Read Why Machines Learn, Anil’s latest book on the math behind AI https://www.amazon.com/Why-Machines-Learn-Elegant-Behind/dp/0593185749 Learn more about Anil Ananthaswamy’s work and writing https://anilananthaswamy.com/ Watch Anil Ananthaswamy’s TED Talk on AI and intelligence https://www.ted.com/speakers/anil_ananthaswamy Discover the MIT Knight Science Journalism Fellowship that shaped Anil’s AI research https://ksj.mit.edu/ Understand the Perceptron, the foundation of neural networks https://en.wikipedia.org/wiki/Perceptron Read about the Perceptron Convergence Theorem and its significance https://www.nature.com/articles/323533a0…

منذ عام واحد 1:00:11

MP3•منزل الحلقة

Much has been written about the estimated $245 billion in lost sales each year in North America alone that is a consequence of items being out-of-stock. Worse than the short-term effects of lost sales to brands is that 65% of consumers say that they would try a new brand if their “go-to brands” were out-of-stock. In addition, Retail Shrink (unaccounted for inventory) caused by retail theft and shortages cause on hand accuracy issues which exacerbate the issue of on-shelf availability.

Join Mike Graen as he welcomes Brand Elverston for a conversation that will explore the impact that retail shrink has on on-shelf availability and specifically inaccurate / phantom on hands.

85 حلقات

Linking OSA and Shrinkage with Brand Elverston

Supply Chain LEAD Podcast

published منذ عام واحد

MP3•منزل الحلقة

Join Mike Graen as he welcomes Brand Elverston for a conversation that will explore the impact that retail shrink has on on-shelf availability and specifically inaccurate / phantom on hands.

85 حلقات

كل الحلقات

1
Join Mike Graen for his discussion with OSA Solution provider panel - State of the Industry 2024 pt. 2 37:29

منذ 10 أيام37:29

37:29

The discussion focused on innovative inventory management solutions, including computer vision, RFID, and algorithmic approaches, to improve on-shelf availability (OSA) for retailers. Key points included the importance of accurate inventory tracking, with on-hand accuracy often around 50-60%. RFID's expansion across retail, manufacturing, and healthcare was highlighted, emphasizing its role in meeting FSMA 204 requirements. The conversation also covered the challenges of managing new product introductions and promotions, and the need for collaboration among retailers, CPGs, and technology providers to enhance OSA and meet customer expectations.…

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Join Mike Graen for his discussion with OSA Solution provider panel - State of the Industry 2024 33:29

منذ 24 يومًا33:29

33:29

Mike Graen moderated a panel discussion on retail on-shelf availability, featuring solutions from bops, Pensa Systems, Badger Technologies, and Zebra Technologies. Jorge Risquez from bops highlighted their algorithmic approach to detecting and addressing out-of-stocks. Pinar Kaprali from Pensa Systems discussed their computer vision and AI technology for in-store inventory digitization. Jamie Woods from Badger Technologies presented their autonomous robots for shelf scanning and risk mitigation. Eric Garland from Zebra Technologies emphasized RFID's role in providing accurate inventory visibility and loss prevention. The panel underscored the importance of timely, accurate inventory data for retail success.…

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Emerging use cases for FRID in retail featuring Jonathan Gregory pt. 2 of 2 26:06

منذ 5 weeks26:06

26:06

Mike Graen and Jonathan Gregory discussed the challenges and opportunities in RFID technology. They highlighted the importance of accurate tire DOT number tracking and proposed RFID tags with extended attributes to streamline data entry. They addressed the potential impact of the FCC's consideration to reallocate the 902-928 MHz frequency band, which could degrade RFID performance. They also discussed the EPCIS standard's role in sharing serialized data across supply chains, emphasizing its use in pharmaceutical and food industries. Finally, they explored the future of RFID in consumer devices, such as mobile phones, for enhanced inventory tracking and authentication.…

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Emerging use cases for FRID in retail featuring Jonathan Gregory Pt. 1 of 2 24:32

منذ 7 weeks24:32

24:32

Mike Green and Jonathan Gregory discussed the emerging use cases for RFID in retail, particularly in food. Jonathan highlighted the significant waste in the food industry, citing a UN report estimating 363 million tons of food waste annually. RFID's role in improving inventory management, consumer safety, and regulatory compliance was emphasized. The conversation covered the benefits of RFID tags with embedded attributes like expiration dates and batch lots, which can enhance efficiency and reduce waste. They also discussed the integration of RFID with QR codes for better consumer engagement and supply chain visibility. The potential for RFID in perishable goods and the need for standardized data encoding were also noted.…

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Matt Andrews - GS1 Integration Expert: Supply Chain Solutions 30:20

منذ 9 weeks30:20

30:20

The discussion focused on the challenges and solutions in the retail supply chain using EPCIS and serialized data. Key issues include claims, counterfeit products, and shrinkage. EPCIS, a standard for visibility systems, helps track and verify product shipments using RFID tags and barcodes. The conversation highlighted the importance of data integrity and the potential of blockchain and APIs for data exchange. Examples included Hanes and Walmart using serialized data to refute claims and improve inventory management. Resources from GS1 were recommended for further guidance on implementing these standards. The future of 2D barcodes and RFID integration was also discussed.…

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The Role of GS1 in On-Shelf Availability Featuring Gena Morgan 34:13

منذ 12 weeks34:13

34:13

Gena Morgan, Vice President of Standards at GS1 US, discussed the evolution and future of barcodes, emphasizing the transition from 1D to 2D barcodes by 2027. She highlighted the benefits of 2D barcodes, which can carry more data, including serial numbers and expiration dates, enhancing inventory management and consumer engagement. Morgan explained that GS1 Digital Link standard transforms barcodes into web-resolvable identifiers, linking products to detailed information. She noted ongoing lab tests and small-scale pilots, with real-world implementations expected by next year. Morgan encouraged retailers and brands to start planning now to leverage these advancements…

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2024 RFID State of the Industry with Justin Patton (Part 2) 23:47

منذ 14 weeks23:47

23:47

Justin Patton continues his discussion with Mike Graen and explores topics including the evolution and benefits of RFID technology in various industries, emphasizing its role in improving inventory accuracy and management. He highlights the importance of focusing on data handling and cleaning rather than just tag and reader performance. Patton also mentions the potential of RFID in space operations and the need for standards in this emerging field. He addressed the challenges of inventory accuracy in retail, stressing the importance of serialized inventory and the need for retailers to adapt to this strategy. Patton announces the Auburn RFID Lab's expansion to a new 100,000 sq. ft. facility and plans for major events in 2025, including a supplier summit and a board meeting.…

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2024 RFID State of the Industry with Justin Patton (Part 1) 34:29

منذ 16 weeks34:29

34:29

Justin Patton, Director of Auburn University's RFID lab, sat down with host Mike Graan and discussed the evolution and future of RFID technology in retail and other industries. He emphasized the importance of proper item setup, technology readiness, and execution for accurate inventory management. Patton highlighted the challenges in achieving serialized inventory and the need for multi-sensor systems. He mentioned initiatives like the chip and integration pilot and the executive committee involving Walmart, Delta Airlines, UPS, and McDonald's to drive technology adoption and knowledge sharing across verticals. Patton also stressed the importance of open standards and the need for mature technology solutions to improve supply chain visibility and efficiency.…

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2024 State of the Industry with Matthew Russell (Part 2) 24:03

منذ 18 weeks24:03

24:03

Host Mike Graen and Matthew Russell continue their discussion on the challenges and progress in supply chain data sharing, particularly the use of serialized data and EPCIS standards. They highlight the slow adoption of data capture and communication protocols, especially in retail environments. The conversation touches on the potential for RFID technology to improve asset protection, inventory accuracy, and reduce shrinkage. They also discuss the synergies between different industries, such as aviation and food, and how innovations in one sector can benefit retail. The importance of starting with simple, proven RFID applications is emphasized, along with the educational opportunities for students in the Auburn RFID lab.…

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2024 State of the Industry with Matthew Russell (Part 1) 18:58

منذ 20 weeks18:58

18:58

Matthew Russell, Managing Director of Retail at Auburn University's RFID Lab, sat down with host Mike Graen to discuss the evolving trends in RFID technology for 2024. He highlighted the lab's work with major retailers like Walmart, Kroger, and Nike including: Inventory accuracy and supplier compliance Importance of selecting the right RFID tags and inlays Shift from handheld readers to fixed infrastructure for real-time tracking Future use cases include expiration management and location positioning…

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Woodman's Badger Robots (Part 2) 31:45

منذ 22 weeks31:45

31:45

Host Mike Graen continues his conversation with Tyler Davis from Woodman's and Mark Shake from Badger Technologies focused on the impact of the robot on pricing discrepancies, out-of-stocks, and incorrect products. The robot identifies issues like wrong products and out-of-stocks, saving labor by organizing tags by location and improving online order fulfillment. It also helps in inventory management, reducing shrinkage, and ensuring accurate product placement. The robot's data is used across the business, from district managers to buyers, and it has been well-received by store employees. Future plans include integrating RFID technology for better inventory tracking. The conversation emphasizes the importance of leveraging technology to automate routine tasks and improve overall store efficiency.…

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Woodman's Badger Robots (Part 1) 22:52

منذ 24 weeks22:52

22:52

Host Mike Graen sits down with Tyler Davis from Woodman's and Mark Shake from Badger Technologies to the implementation of Badger's retail solutions, including AI and machine learning for security and disinfection applications. Woodman's, a 240,000 square feet grocery store chain, uses Badger's robots to verify pricing accuracy daily, reducing the need for manual checks and improving customer experience. The robots also assist in identifying out-of-stock items and optimizing product placement. Woodmans' 20 stores, primarily in the Midwest, benefit from these automations, enhancing operational efficiency and customer satisfaction.…

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OSA State of the Industry for 2024 54:19

منذ 28 weeks54:19

54:19

Mike Graen discusses the state of on-shelf availability in retail, highlighting the impact of inventory distortion, which cost retailers over $1.77 trillion in 2023. He cites a McKinsey survey showing 62% of shoppers couldn't find an item on their list, leading to 39% switching brands and 32% switching retailers. Graen emphasizes the importance of meeting customer needs, referencing Walmart CEO Doug McMillon. He explores solutions like algorithms, audits, computer vision, RFID, and robots, noting that on-shelf availability is crucial for customer satisfaction and sales. He also mentions the role of buy online, pick up in-store (BOPIS) and research online, buy in-store (ROBUS) in modern retail.…

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The Bossa Nova Shelf Scanning Robot Story (Part 2) 22:04

منذ 30 weeks22:04

22:04

Host Mike Graen sits down with Sarjoun Skaff - CEO of Bossa Nova Robotics - to disucss the story of how the Bossa Nova Shelf Scanning Robot came to be, along with topics including: Challenges of implementing robots in retail stores. Using robots in retail, focusing on stocking and customer service. Supply chain automation and integration.…

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The Bossa Nova Shelf Scanning Robot Story (Part 1) 30:26

منذ 32 weeks30:26

30:26

Host Mike Graen sits down with Sarjoun Skaff - CEO of Bossa Nova Robotics - to disucss the story of how the Bossa Nova Shelf Scanning Robot came to be, along with topics including: How the need to their robots was identified. The trials and errors it took before a finished product. Additional benefits robot tech can provide.…

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Supply Chain LEAD Podcast « » Linking OSA and Shrinkage with Brand Elverston

Linking OSA and Shrinkage with Brand Elverston

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The Let Them Theory: A Life-Changing Tool That Millions of People Can't Stop Talking About

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Linking OSA and Shrinkage with Brand Elverston