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Why Walmart is Turning to AI Tech for Supplier Negotiation

From new denim constructions, weights and washes to the steps global mills are taking to reduce impact, Rivet's SS23 In Season Look Book: Denim & Trims has everything you need to know for a successful denim season.

Supplier negotiations can often be a time-consuming, laborious endeavor for retailers and suppliers alike. In fact, KPMG estimates indicate that anywhere between 17 percent and 40 percent of the value of vendor deals is lost due to inefficiencies in the contract negotiation process. One tech company is aiming to use the power of automated chatbots…

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