Full Bio
Greg Buzek is the Founder, President and Principal Analyst of IHL Group and one of the Founders of the Retail Orphan Initiative (www.retailROI.org), a charitable foundation that seeks to help the 400 million orphaned and vulnerable children around the world. In 16 years, RetailROI has been involved in over 300 projects in 29 countries helping an estimated 325,000 children through clean water, education, computers, language training and care.
Noted by RIS News as one of the Top 10 Influentials in Retail and the National Retail Federation as one of “The List of People Shaping Retail’s Future“, he has a Masters Degree in Business Administration (MBA) from The Ohio State University, and 30 years of experience in retail market analysis, business planning, product development, and consulting with Fortune 500 companies. He is also a member of the Top 100 Retail Influencers from ReTHINK Retail.
Greg is frequently quoted in BusinessWeek, CIO Information Network, Information Week, Supermarket News, Chain Store Age, The Wall Street Journal, Time Magazine, and the Washington Post and has been used as a retail technology analyst on NBC Nightly News, CBS News, and CNBC. In addition, Greg has been a guest lecturer for the Wharton School of Business and Belmont University.
In 2011 The Congressional Coalition on Adoption Institute honored Greg with the first ever Paul Singer Award that recognizes business and governmental leaders for going above and beyond their defined roles to advocate for better adoption and foster care policies worldwide. Before founding IHL, Greg worked with NCR Corporation and Sensormatic Electronics as a marketing and development executive on hardware, software, and electronic security products for the Retail Industry.
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Opportunities to optimize retail operations with AI
Today’s retailers are navigating an increasingly complex landscape where consumers have high expectations for a personalized shopping experience but are spending less overall. This unique scenario encourages retailers to innovate with AI, driving agility and efficiency across marketing, finance, and inventory management.
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Despite the immense hype and potential of Artificial Intelligence, Machine Learning and Generative AI, a staggering 80% of AI projects in organizations fail, according to research from Rand Corporation. As well, Gartner reports only 30% of AI projects move past the pilot stage. Why is that? And what can we do to fix this?
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Poor inventory management costs retailers hundreds of billions of dollars every year. Here’s how to allocate inventory effectively and reduce costs.
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Toronto-based artificial intelligence startup Moselle is gearing up to add new functionalities to its inventory management platform after securing $2.1 million CAD in seed financing.
IHL Group launches solution to aid AI implementation projects
A global provider of retail and hospitality research is introducing a new tool designed to improve the success rate of artificial intelligence projects.