Coles aims to save $1bn with tech strategy

Coles aims to save $1bn by 2023 by investing in technologies such as automation and artificial intelligence to boost efficiency.

Matt Swindells, chief supply chain officer at Coles, told investors in a webcast the retailer would also look to consolidate its supplier terms to make processes easier for staff and suppliers as part of a “Smarter Selling” strategy.

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Coles aims to save $1bn with tech strategy

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