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<p>Introduction: Why You Need This Book as a Retail Leader 1</p> <p><b>Section 1 Introduction to the AI Revolution 11</b></p> <p>1 How Ai Has Revolutionized Many Other Industries over the Last 20 Years 13</p> <p>2 The Three Myths of How AI Will Transform Retail 37</p> <p>3 How AI Will Automate and Optimize Retail 51</p> <p>4 Level- Setting the AI Doomsday- ism 67</p> <p><b>Section 2 AI Theory 75</b></p> <p>5 What Is AI? 77</p> <p>6 From CPUs to GPUs 84</p> <p>7 Optimization 88</p> <p>8 Measuring AI Performance 94</p> <p>9 AI Learning Techniques 100</p> <p>10 Simulators and AI 111</p> <p>11 OODA Loops 116</p> <p>12 Hierarchy of Data Maturity 120</p> <p>13 A “General Theory for Retail AI” 125</p> <p><b>Section 3 Applications of AI in Retail 137</b></p> <p>14 The Inefficiencies in Retail Today 139</p> <p>15 AI for Merchandising 143</p> <p>16 AI for Inventory, Ordering, and Supply Chain Management 153</p> <p>17 AI for Replenishment and Labor Management 177</p> <p>18 AI for Labor Budgets and Scheduling 193</p> <p>19 AI for E- Commerce and Customer Service 199</p> <p>20 AI for Warehouse and Distribution Centers 212</p> <p>21 AI for Checkout 227</p> <p>22 AI for Pricing and Promotion 254</p> <p>23 Other AI Use Cases 263</p> <p><b>Section 4 Implementation 269</b></p> <p>24 Create your “AI Strategy and Road Map” 271</p> <p>25 Buying vs. Building AI 285</p> <p>26 How to Run a Proof of Concept Bake- off Effectively 292</p> <p>27 Transitioning to a Fact- based, Data- driven Culture 303</p> <p>About the Author 309</p> <p>Index 311</p>

<P><B>FRANCOIS CHAUBARD</B> is the CEO of Focal Systems, a deep learning computer vision company dedicated to helping brick and mortar retail businesses automate their operations. He has helped companies like Walmart, ShopRite, Piggly Wiggly, Good Food Holdings, and Fairway optimize their operations with state-of-the-art deep learning that revolutionizes how stores are run. Chaubard also co-created and taught many courses on AI at Stanford University, including CS229: Machine Learning, CS224D: Deep Learning for NLP, and CS231M: Computer Vision for Mobile.

<p>PRAISE FOR AI <b>FOR RETAIL</b> <p>“Francois has truly captured the secrets of accelerating retailers’ adoption of AI to dramatically increase free cash flow. This book is an absolute must-read for your entire executive team.”<BR> <b>—Don High,</b> Former Chief Scientist, Walmart Inc. <p>“AI is the next big thing and retailers are still getting their minds around how to use it. As Francois has discovered and explains, when you focus on automating and optimizing core tasks, the ROI can be so high and so powerful. Retailers need to be thinking very hard about AI due to their razor thin margins. It’s good for the customers because it improves availability and their shopping experience, it’s good for the retailer because it lowers cost and drives profitability, and it’s good for brands because they sell more.”<BR> <b>—Tony DeNunzio,</b> Former CEO, Asda <p>“Francois adds a purity to awareness. He refuses to accept false facts and has created a system of learning that validates observation and attacks inefficiency.” <BR> <b>—John J. Sumas,</b> Co-President, Village Super Market Inc. <p>“This book is wonderful reading packed with important exposure to topics in AI that retailers need to understand. Retailing in this day in age without AI is like fighting with one arm tied behind your back.”<BR> <b>—Abel Porter,</b> Former CEO, Smith’s Food & Drug, and Fairway <p>“Nobody knows this space better than Francois, and there is no book from which you can learn so much as fast as this book.” <BR> <b>—John Linehan,</b> President, King’s Hawaiian <p>“An excellent guide for business leaders looking to better understand AI and what it means for their future.” <BR> <b>—Francois Chollet,</b> AI Researcher, Google <p>“Francois has been at the forefront of bringing AI into retail with the explosive growth of deep learning over these past few years.” <BR> <b>—Dr. Mykel Kochenderfer,</b> Associate Professor, Stanford University

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