Tim Steiner news and trends

Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?

July 21, 2023
Interviews & Exclusives
Can eGrocery’s Profitability Challenges Be Fixed With AI Procurement?

July 21, 2023
As grocers struggle to make their eCommerce businesses as profitable as brick-and-mortar channels, artificial intelligence (AI) can help close the gap. In an interview with PYMNTS, Alex Weinstein, chief digital officer of AI-powered online grocer Hungryroot, explained that predictive inventory capabilities can boost margins by reducing waste. “AI can help create a more profitable business. […]