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Costco Trusts AI to Reorder Drugs. Most Retailers Won’t

A pharmacy that runs out of a drug loses the prescription. A pharmacy that overpays a supplier loses the margin. Costco put artificial intelligence (AI) on both problems. The warehouse retailer’s pharmacy inventory system now compares prescription drug prices across vendors and “autonomously and predictively reorders inventory,” Ron Vachris, Costco’s president and CEO, said Dec. […] The post Costco Trusts AI to Reorder Drugs. Most Retailers Won’t appeared first on PYMNTS.com.

By PYMNTS

1 min read
Costco Trusts AI to Reorder Drugs. Most Retailers Won’t
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