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    July 27, 2023

    Vogue Business: Could Generative AI Solve Fashion’s Excess Stock Problems?

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    Aarthi Ramamurthy, chief product officer at ecommerce platform Rithum, which works with a wide range of companies, including Coach and Kate Spade owner Tapestry, agrees that generative AI currently relies too heavily on large cohorts of training data and is too complex to implement for everyday inventory management. Still, she argues that generative AI can play a “complementary role in inventory management by providing valuable support and enhancement.”

    She adds: “AI can handle routine, mundane tasks and generate insights and recommendations that can be reviewed  by experts and be actioned upon.” This allows the experts to focus on setting strategy and providing customer value, while AI systems can focus on data and insights to feed to the experts”

    Read the full story at Vogue Business

     

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