Category: Blog

Day 2 @ NRF- 2 Keynote sessions we loved

Day one at NRF 2022 was a huge success and we couldn’t wait for a fun-filled day two! In today’s recap blog, discover two of our favorite keynote sessions and our thoughts on the retail topics. Session #1 | Becoming the “Total Home” destination: A conversation with Lowe’s chairman and

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Day 1 @ NRF | Trends, themes, and talks

Retail’s big show in New York City is back in-person this year! Though attendance is smaller than anticipated, we’ve still had the opportunity to partake in great conversations with retailers, vendors, and industry experts. (On the plus side, the Starbucks line is shorter). While we’re at NRF 2022, tune into our

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Uncertainty is the new normal for retailers

What we’re excited to discuss at NRF 2022 If 2020 and 2021 taught retailers anything, it’s that uncertainty is the new normal. We’ve seen uncertainty with demand, customer behavior, and the supply chain. For retailers, the old way of dealing with demand was to buy excess inventory to fulfill stores for

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How the supply chain stole Christmas

The rush to start Christmas shopping came much earlier this year. Many consumers started working on their family and friends Christmas lists in early September to ensure they not only get the presents before they sell out, but that they also arrive on time. Why, you may ask? We’re experiencing

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Traditional machine learning methods vs deep learning in retail

Deep learning is a major buzzword the retail industry has become infatuated with. Many assume that deep neural networks are the end all be all and should replace traditional algorithms altogether. However, there is no one perfect model to predict every component. Before jumping ship from traditional algorithms, it’s vital

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The power of AI in retail

Mark Bloemeke Co-founder and Chief Technology Officer With each passing year, technology is becoming more advanced, effective, and most importantly, more personalized. With the help of artificial intelligence (AI), daily tasks and processes that are unique to us are automated by a learning system to further bring efficiency and value

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4 Tips on how to build a successful global team

Meet the Team Cognira Series With the advancement of technology and normalization of remote-work, more and more companies are adopting a global team mindset. Though it may seem as simple as online communication and collaboration, there are a lot of other moving parts to ensure success of the team and

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The importance of mechanical sympathy

Meet the team Cognira series We’ve all heard the saying coined by Francis Bacon, ‘knowledge is power.’ But is that saying actually true? As Eric Thomas brilliantly puts it, “Knowledge isn’t power, applied knowledge is power.” When we have the opportunity to not only grasp a concept but also apply

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Why retailers struggle to analyze lost sales

By Stephen Gardeen Principal Data Scientist at Cognira If we were to ask a retailer how much revenue they lose in lost sales per year, many would scratch their heads, or turn to unreliable data to crunch the numbers. The reason? They don’t have the proper tools to calculate it.

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