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k201 aldi milestone 2

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k201 aldi case assignment milestone 2









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Uploaded on
September 2, 2024
Number of pages
4
Written in
2023/2024
Type
Case
Professor(s)
Harvey oh
Grade
A

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aldiThe retail industry is witnessing a transformative shift with the increasing integration
of Artificial Intelligence (AI) to enhance operations, customer experiences, and overall
efficiency. The research conducted on ALDI (US) reveals its commitment to customer
advocacy, low prices, and strategic investments in expansion and remodeling programs.
However, there exists a gap in understanding the optimal application of AI within ALDI's
operations to further improve cost structures, operational efficiency, and customer
engagement. Additionally, insights from the study of Walmart's AI integration underscore
the potential benefits of utilizing technology in inventory management, demand
forecasting, and operational optimization. The challenge is to align ALDI's business
model with effective AI strategies prevalent in the retail industry.

The lack of a clear AI strategy, coupled with the absence of comprehensive data
embedding practices, poses a risk for ALDI to fully leverage the transformative potential
of AI. To address this, it is imperative to define and implement AI initiatives tailored to
ALDI's unique positioning in the US retail landscape. This problem statement sets the
stage for further research to identify specific AI applications that can align with ALDI's
customer-centric approach, streamline operations, and ensure sustained
competitiveness in the evolving retail sector.

Overall, the challenge lies in comprehending the intricacies of ALDI's US operations and
strategically integrating AI to maximize efficiency and customer satisfaction, thereby
achieving a seamless synergy between ALDI's business model and the evolving retail
landscape.


Focus on root cause of issue
Objectively describe it comprehensively
Simple and direct
One sentence to describe problem, and explain what should happen next

Identify 2-3 needs that can be solved by AI

Who

ALDI

- Improve business structure & efficiency
- Become more convenient
- Keep prices low
- “Best everyday prices”
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