Think Like an Owner

AI Breakthroughs in the Distribution Sector (From Ep.264)

5 snips
Apr 11, 2025
The podcast delves into how AI is revolutionizing the distribution sector, enhancing efficiency and decision-making with tools like ChatGPT. It emphasizes the necessity for agile responses to market changes. Additionally, it examines AI’s role in simplifying software needs while pushing for rapid assessments. Wearable technology is also discussed, showcasing its advantages in unobtrusive data collection, which boosts personal awareness and decision-making.
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ADVICE

Test AI Tools Rapidly

  • Test AI tools quickly to determine their value.
  • Don't get bogged down in large, complex projects.
INSIGHT

AI for Dynamic Pricing

  • Big data analysis is crucial for dynamic pricing in response to market changes.
  • AI can accelerate processing this data, improving responsiveness.
ADVICE

One-Week Pilots

  • Pilot AI projects for a week to assess viability, not months.
  • This rapid approach keeps the project prioritized and prevents it from being forgotten.
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