How Retail Sector will reinvent in a Digital World

Date

Monday, Oct 14 - 18

Location

Dubai World Trade Centre, Dubai

Booth Number

#217

AI in Retail & E-Commerce Sector

What is Lorem Ipsum?

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Why do we use it?

It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

 

Where does it come from?

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

The standard chunk of Lorem Ipsum used since the 1500s is reproduced below for those interested. Sections 1.10.32 and 1.10.33 from “de Finibus Bonorum et Malorum” by Cicero are also reproduced in their exact original form, accompanied by English versions from the 1914 translation by H. Rackham.

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Agenda

26 July 2022 (8.45 am to 11.45 am CT)
08:45 am
Aganda 1

Introduction of Speakers

-by Nitin Naveen, Vice president-Innovation Strategy, AICorespot

 

09:00 am
Aganda 2

The Future of Retail is Omnichannel: Why E-Commerce and Physical Retail Need Each Other

– By Lionel Binnie, CEO, MSource Ideas

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· Talk will cover the latest trends in retail as we come out of Covid.
· Surprisingly, even though Covid rapidly expanded adoption of E-Commerce and home delivery, physical brick-and-mortar retail are now stronger than ever as consumers want to return to normal.
· Research shows that for some categories of shopping – mundane chores like re-stocking pet food and paper towels, consumers want to use e-commerce and home delivery.
· But in many categories; from fresh food to fashion, consumers still want to use their senses to see, touch, and taste products. Plus consumers often want to shop with friends and family – a social experience that is not replicated by online shopping.
· Successful retailers offer combinations of e-commerce, home delivery and great in-store experiences to give shoppers the best of both worlds.
· The future of retail is omnichannel.· Digitization of Transportation

 

09:30 am
Aganda 6

Reimagining Retail with AI technologies

Panel Discussion
– Sameer Nagpal, Chief Business Officer – Retail, Consumer & Logistics at InfoVision Inc (Moderator)
– Harvinder Singh, AVP Client Partner, Retail, InfoVision
– Mina Elias, Founder & CEO, Trivium Group
– Anant Kumar, Revenue Growth Management, Johnson & Johnson
– Michelle Barron, Director of Sales and Operations, HUMEX North America
– Karen Tiber Leland, Founder, Sterling Marketing Group
– Matthew Schaeffer, Senior Manager, Data & Content Operations Programs, REI

 

10:30 am
Aganda 2

The Industrialist dilemma: Lessons from an innovator in a large corporation

-By Chaitanya Bhatt, Director, Strategy & Innovation, Loblaw Companies Limited

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How does the industrialist dilemma impact ability for incumbents to have sustainable growth and not lose market share. How can the ability to use (or lack thereof) emerging technologies like AI, ML, Automation and Robotics help or hinder the industrialist to stave off new threats in an ever increasing competitive market.

 

11:00 am
Aganda 2

Powering your MarTech experience with premium grade data

-By Raymond McGlew, Data Management Consultant, Right Data Consultants

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Martech applications such as Customer Data Platforms, like a high-performance car, don’t run well on “regular” data. If you are going to exploit these technologies you need to up your data game! Omnichannel retailing requires reducing and eliminating friction between your data sources. Customer purchasing history, browsing behavior, and in-store visits need to be brought together in one place in near real time. Reference files have to be updated, and Product information has to be “understood” by the applications.
Implementing these systems can be severely impacted if you don’t have a mature data management environment in place. We will discuss:
1) How to evaluate your organization’s data management maturity
2) How to justify improving your data management practices
3) How agile data processes will speed up your progress
3) How implementing your MarTech application can help you with your data journey

 

11:30 am
Aganda 1

Thank you note and conclusion of event

-by Nitin Naveen, Vice president-Innovation Strategy, AICorespot