An 'across-the-spectrum rethink' needed as firms eye use of AI in procurement
The disparity between the relentless hype and its present limitations has left most people sceptical ...
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Here’s the paradox – the volume of online retail sales is growing at an astonishing pace, and as a result so are the transport and logistics costs of fulfilling those orders; but the rub is that free delivery remains a key determinant in whether a consumer will complete an online purchase. So, if retailers want to grow market share, they have to soak up those escalating costs and margins get hit. This was the message from Groupon’s first quarter results.
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