One of every 10 Ikea components goes returned–and 15% of that goes to waste. Enter AI.
Ikea’s furniture–omnipresent, economical, and user-friendly–is so favourite it can be found in accommodations, for sale on Craigslist, or curbside, following years of loving use. The Swedish mega-retailer sells approximately $44.6 billion worth of its 12,000 commodities a year, and approximately one of every 10 of those items is returned — 15% of which become waste. Given this high turnover rate, Ikea has recently announced a brand-new coming to administer returned merchandise without relegating it to the trash bin: artificial intelligence.
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