Blog of Masterwork Automodules

Written by Michelle Selina In the field of economics, the term "bubble" often evokes images of inflated prices and subsequent collapses, reminiscent of housing market bubbles or stock market crashes. However, bubbles are not only found in the financial markets, but they may also occur in any industry, including the delivery service. Recently, Getir, a fast delivery company that revolutionized the industry by offering ultra-fast delivery of groceries and essentials through its mobile app , made headlines by announcing its exit from several markets in the UK and Germany, due to the collapse of the fast delivery bubble as a primary reason. This move signals a potential turning point for the fast-delivery bubble, raising questions about the long-term sustainability of this business model. The fast delivery industry received massive amounts of funding from investors who were drawn to its convenience and the belief that it was a booming market. For example, Getir was valued...

  Written by Michelle Selina Nowadays, convenience stores are at the forefront of adopting cutting-edge technologies to improve the overall shopping experience. Artificial intelligence (AI) and big data have played critical roles in determining the future of convenience stores, influencing everything from consumer interactions to cash management. The article investigates the impact of AI and Big Data on the convenience store sector, specifically how new technologies change consumer experiences and transform cash management tactics. Changing Business Dynamics AI and Big Data are altering convenience store operations in multiple ways. Inventory management is becoming more effective, AI predicts demand trends, reduces overstock, and minimizes waste. Facial recognition technology improves security measures, creating a safer retail environment. Furthermore, personalized recommendations based on purchase history and preferences are becoming more widespread, promoting increased consu...