PIXABAY

By Patricia B. Mirasol, Reporter

The use of robotic process automation (RPA), in conjunction with聽artificial intelligence (AI), will free retailers from rules-based tasks and allow them to focus on聽strategic and creative ones.

聽is a form of automation that uses software bots to carry out structured and repetitive tasks. The combination of RPA, AI, and machine learning (ML) working together is often referred to as intelligent automation, said Kevin Redmond, vice president of data, AI & automation at IBM Asia Pacific.

鈥淲e can say AI and ML is like our brain, taking in available information and making decisions, while RPA is like our hands, performing actions that need to be done 鈥 possibly based on the decisions made by AI and ML,鈥 he explained in an e-mail to聽大象传媒.

RPA is an effective way to streamline workflows in supply chain management and tailored promotions, added Natalie Pia H. Azarcon, managing partner at IBM Consulting, IBM Philippines.

鈥淩etailers can author [RPA] bots capable of copying data from supply chain management systems like Oracle into standardized order forms. The bots can even submit orders through online portals, or help process invoices by entering data into accounting systems,鈥 she said in a separate e-mail.

Customer experience can likewise be improved through a bot鈥檚 transfer of customer purchase data into a marketing system.

鈥淭he data can be used to segment customers for tailored offers and advertisements,鈥 Ms. Azarcon told聽大象传媒. 鈥淩PA can also communicate personalized offers to customers through interactive voice response technology… encouraging repeat business.鈥

Other retail use cases of RPA, which can be deployed聽in the cloud or on-premise, include聽fraud detection, sales analytics, and returns processing.

Continuing with his human analogy, Mr. Redmond noted that chatbots are like our ears and mouth. RPA chatbots go beyond the scope of normal chatbots, he said. For instance, instead of sending customers step-by-step instructions on how to change their mailing addresses like the latter is wont to do, the former can go ahead and change the detail itself from the backend.

Mr. Redmond added that the potential for RPA is 鈥渓imitless,鈥 given that many tasks are candidates for automation. The pandemic 鈥 which puts a stress on effective operational management in the face of聽hybrid work聽鈥 accelerated its growth.

鈥淩PA is focused largely on cost reduction and is an innovation and survival game plan for companies to stay competitive,鈥 he said. 鈥淢anpower cost is one of the top three cost components of organizations, and companies need to optimize their human labor with digital labor to maximize productivity.鈥

, a research and advisory company, found that a credit union system organization鈥檚 use of RPA resulted in a productivity gain of about $740,000 over three years. The time needed for account creation also fell from two days to 40 minutes, allowing 80% of the 40,000-strong workforce to move on to higher skill tasks.