ConAgra Brands Says It Is Utilizing Generative AI, Intelligent Automation And Strategic Collaboration With Microsoft And EY To Enhance Supply Chain, R&D, Demand Science, Brand And Design Operations
Portfolio Pulse from Benzinga Newsdesk
ConAgra Brands is leveraging generative AI, intelligent automation, and strategic collaborations with Microsoft and EY to enhance various operations including supply chain, R&D, demand science, and brand design. This includes using Microsoft technology to boost employee productivity and exploring AI-driven branding solutions with EY.
June 25, 2024 | 11:35 am
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POSITIVE IMPACT
ConAgra Brands is utilizing generative AI and collaborating with Microsoft and EY to enhance supply chain, R&D, demand science, and brand design operations. This initiative aims to improve productivity and streamline content creation.
The strategic use of AI and partnerships with Microsoft and EY are likely to enhance ConAgra's operational efficiency and productivity, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft is collaborating with ConAgra Brands to enhance productivity and automate processes using Microsoft Power Platform and Azure OpenAI Service. This partnership includes developing new automated product labeling procedures.
Microsoft's collaboration with ConAgra to implement AI and automation solutions showcases its technological capabilities and could positively influence its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80