Wayfair Expands Google Cloud Partnership To Tap AI For Cost Cuts And Efficiency
Wayfair Expands Google Cloud Partnership To Tap AI For Cost Cuts And Efficiency
Furniture and home goods retailer Wayfair Inc. (NYSE:W) has deepened its partnership with Google Cloud to improve its operations.
傢具和家居用品零售商Wayfair Inc. (紐交所:W) 加深了與Google Cloud的合作,以改善其運營。
The collaboration will use Google's Gemini models on Vertex AI and integrate Google Workspace to boost employee efficiency.
這項合作將使用Google的Gemini模型在Vertex AI上,並整合Google Workspace以提高員工效率。
The company has experienced positive results with tools such as Gmail, Google Docs, and Google Meet, where Gemini helps employees draft emails, edit documents, and design presentations.
該公司在使用Gmail、Google Docs和Google Meet等工具時取得了積極成果,Gemini幫助員工撰寫電子郵件、編輯文檔和設計演示文稿。
The partnership seeks to optimize Wayfair's product catalog as well. By incorporating generative AI, it is anticipated to generate cost reductions and boost operational efficiency.
該合作關係也旨在優化Wayfair的產品目錄。通過結合生成性人工智能,預計將實現成本減少和提高運營效率。
"At Wayfair, we believe gen AI is the key to unlocking the next generation of retail experiences," said Wayfair Chief Technology Officer Fiona Tan.
「在Wayfair,我們相信生成性人工智能是開啓下一代零售體驗的關鍵,」Wayfair首席科技官Fiona Tan說道。
"With Google Cloud, we've been able to efficiently scale and enrich our product catalogs, enabling us to support a more seamless and engaging shopping experience for our customers."
「有了Google Cloud,我們能夠高效地擴展和豐富我們的產品目錄,使我們能夠爲客戶提供更加無縫和吸引人的購物體驗。」
Also Read: Macy's Shuts Down 66 Locations As Part Of New Chapter Strategy
另請閱讀:梅西百貨關閉66個地點,作爲新章節策略的一部分
To enhance its catalog management, Wayfair has adopted Gemini on Google Cloud to automate the process of categorizing products. With more than 30 million items in its portfolio, the technology has reduced the time required for product updates by 67%.
爲了增強其目錄管理,Wayfair在Google Cloud上採用了Gemini,以自動化產品分類的過程。由於其投資組合中有超過3000萬項商品,該技術將產品更新所需的時間減少了67%。
Furthermore, AI has lowered costs by removing the need for manual tagging and improved listing quality by identifying issues such as incorrect product dimensions.
此外,人工智能通過消除人工標記的需求降低了成本,並通過識別產品尺寸不正確等問題提高了列表質量。
In November, Wayfair reported third-quarter adjusted earnings per share of 22 cents, beating the street view of 13 cents and sales of $2.884 billion (down 2%) topped the analyst estimate of $2.876 billion.
在11月,Wayfair報告第三季度調整後的每股收益爲22美分,超出市場預期的13美分,而銷售額爲28.84億(下降2%),高於分析師的預期的28.76億。
As of September 30, active customers declined 2.7% to 21.7 million from the previous year, and orders decreased 6.1% to 9.3 million.
截至9月30日,活躍客戶較去年下降2.7%,至2170萬,訂單減少6.1%,至930萬。
Also, last week, the retailer announced its exit from Germany due to challenges such as weak macroeconomic conditions, low brand awareness, and limited scale, affecting 730 employees.
此外,上週,零售商宣佈退出德國,原因是宏觀經濟環境疲軟、品牌知名度低和規模有限,涉及730名員工。
Price Action: W shares traded lower by 2.95% at $42.80 premarket at last check Monday.
價格動態:截至週一最後檢查,W股在盤前交易中下跌2.95%,報42.80美元。
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Photo via Shutterstock.
圖片來自Shutterstock。
譯文內容由第三人軟體翻譯。
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