Latest / Omni Talk Retail / RELEX’s Madhav Durbha on Building an AI-First Mindset in Grocery | FMI 2026
Transcript
- 0:00Hello,
- 0:00everyone.
- 0:00This
- 0:01is
- 0:01Omnitalk
- 0:01Retail.
- 0:02I'm
- 0:02Chris
- 0:02Walton,
- 0:03and
- 0:03we
- 0:03are
- 0:03coming
- 0:03to
- 0:04you
- 0:04live
- 0:04from
- 0:04the
- 0:04Simbi
- 0:05booth
- 0:05in
- 0:06beautiful
- 0:06San
- 0:06Diego,
- 0:07once
- 0:07again
- 0:08from
- 0:08the
- 0:08FMI
- 0:09Midwinter
- 0:09Conference.
- 0:10We're
- 0:10in
- 0:10booth
- 0:10118
- 0:12in
- 0:12the
- 0:12FMI
- 0:13Tech
- 0:13section.
- 0:13Now,
- 0:14standing
- 0:14in
- 0:14between
- 0:14us
- 0:15again
- 0:15is
- 0:16our
- 0:16next
- 0:16guest
- 0:16of
- 0:16the
- 0:16day,
- 0:17and
- 0:17that
- 0:17is
- 0:17Madhav
- 0:17Durba,
- 0:18the
- 0:18group
- 0:18vice
- 0:19president
- 0:19at
- 0:19Relex.
- 0:20Madhav,
- 0:20welcome
- 0:21to
- 0:21OmniTalk.
- 0:21Thanks
- 0:22for
- 0:22being
- 0:22with
- 0:22us
- 0:22today,
- 0:22man.
- 0:23Thanks
- 0:23for
- 0:23having
- 0:24me
- 0:24here,
- 0:24Chris.
- 0:25Glad
- 0:25to
- 0:25be
- 0:25here.
- 0:26All
- 0:26right,
- 0:26so
- 0:27I
- 0:27caught
- 0:28wind
- 0:28of
- 0:28a
- 0:28talk
- 0:28you
- 0:29gave
- 0:29recently
- 0:30and
- 0:30I
- 0:30got
- 0:30to
- 0:31see
- 0:31some
- 0:31notes
- 0:31on
- 0:31it.
- 0:32And
- 0:33one
- 0:33thing
- 0:33that
- 0:33struck
- 0:34me
- 0:34in
- 0:34the
- 0:34talk
- 0:34you
- 0:35gave
- 0:35is
- 0:35it
- 0:35was
- 0:35the
- 0:36talk
- 0:36was
- 0:36around
- 0:36developing
- 0:36an
- 0:37AI
- 0:37mindset.
- 0:38And
- 0:38you
- 0:39said
- 0:39there
- 0:39was
- 0:39this.
- 0:40You.
- 0:40You
- 0:40espoused
- 0:41the
- 0:41concept
- 0:41of
- 0:41a
- 0:42recipe,
- 0:43which
- 0:43I
- 0:43thought
- 0:43was
- 0:43really
- 0:44interesting.
- 0:44So
- 0:45can
- 0:45you
- 0:45explain
- 0:45for
- 0:45our
- 0:46audience
- 0:46what
- 0:46the
- 0:47recipe
- 0:47is
- 0:47to
- 0:48develop
- 0:48an
- 0:48AI
- 0:48mindset?
- 0:49Actually,
- 0:49it's
- 0:50called
- 0:50AI
- 0:50First
- 0:51Mindset.
- 0:51Oh,
- 0:51AI
- 0:52First
- 0:52Mindset.
- 0:52Okay.
- 0:53So
- 0:53the
- 0:54recipe
- 0:54is
- 0:54something
- 0:55that
- 0:55we
- 0:56have
- 0:56seen
- 0:56so
- 0:56many
- 0:56patterns
- 0:57of
- 0:57cloud
- 0:57companies
- 0:58being
- 0:58successful
- 0:59with
- 0:59their
- 0:59AI
- 0:59journey.
- 1:01What
- 1:01we
- 1:01have
- 1:01seen
- 1:02work
- 1:02well.
- 1:02And
- 1:03for
- 1:03most
- 1:03companies,
- 1:04this
- 1:04is
- 1:04what
- 1:04I
- 1:04would
- 1:04recommend.
- 1:05This
- 1:05is
- 1:05just
- 1:05like
- 1:06your
- 1:06stock
- 1:06portfolio.
- 1:07Okay.
- 1:07Yeah.
- 1:07Right.
- 1:07You
- 1:08have
- 1:09certain
- 1:09amount
- 1:09of
- 1:10stocks
- 1:10that
- 1:10you
- 1:11are
- 1:11very
- 1:11predictable,
- 1:12very
- 1:12proven.
- 1:13Whereas
- 1:14you
- 1:14will
- 1:14have
- 1:15some
- 1:15stocks
- 1:15that
- 1:15are
- 1:15a
- 1:16little
- 1:16bit
- 1:16more
- 1:16aspirational
- 1:17in
- 1:17nature.
- 1:17So
- 1:18it's
- 1:18no
- 1:18different.
- 1:19We
- 1:19think
- 1:19about
- 1:20the
- 1:20mix
- 1:20has
- 1:2170%
- 1:21proven
- 1:22AI.
- 1:22There's
- 1:23plenty
- 1:23of
- 1:23AI
- 1:24that
- 1:24is
- 1:24already
- 1:24proven
- 1:25and
- 1:26delivering
- 1:26true
- 1:26value
- 1:27and
- 1:28focus
- 1:2970%
- 1:29of
- 1:30the
- 1:30effort
- 1:30on
- 1:30those
- 1:30types
- 1:31of
- 1:31AI.
- 1:31Okay.
- 1:3220%
- 1:33of
- 1:33the
- 1:33effort
- 1:34on
- 1:34emerging
- 1:34use
- 1:35cases
- 1:35in
- 1:35AI.
- 1:36Right.
- 1:37Something
- 1:37that's
- 1:37in
- 1:38earlier
- 1:38innings
- 1:39of
- 1:39AI
- 1:40then
- 1:40about
- 1:4010%
- 1:41in
- 1:41aspirational
- 1:42projects,
- 1:42or
- 1:43call
- 1:43it
- 1:43moonshots,
- 1:44if
- 1:44you
- 1:44will.
- 1:44Moonshots,
- 1:44yeah.
- 1:45So,
- 1:45yeah,
- 1:46that's
- 1:46how
- 1:46we
- 1:46think
- 1:46about
- 1:46it.
- 1:46That's
- 1:47how
- 1:47you
- 1:47think
- 1:47about
- 1:47it.
- 1:47Okay.
- 1:47That's
- 1:48how
- 1:48you
- 1:48advise
- 1:48others
- 1:48to
- 1:49have
- 1:49an
- 1:49AI
- 1:50first
- 1:50mindset.
- 1:50That's
- 1:51correct.
- 1:51Okay.
- 1:52AI
- 1:52is
- 1:52an
- 1:52exciting
- 1:53topic.
- 1:53It's
- 1:54very
- 1:54easy
- 1:54to
- 1:54get
- 1:54caught
- 1:54up
- 1:55in
- 1:55that.
- 1:55But
- 1:55ultimately,
- 1:57humans
- 1:58are
- 1:58at
- 1:58the
- 1:58heart
- 1:58of
- 1:58supply
- 1:59chain.
- 2:00As
- 2:00long
- 2:00as
- 2:00I've
- 2:01been
- 2:01in
- 2:01this
- 2:01business,
- 2:02it's
- 2:02a
- 2:02human.
- 2:03Human
- 2:03business.
- 2:04Right.
- 2:05So
- 2:05making
- 2:06sure
- 2:06that
- 2:07we
- 2:07bring
- 2:07humans
- 2:08along
- 2:08on
- 2:08that
- 2:08journey,
- 2:09AI
- 2:10by
- 2:10itself
- 2:11is
- 2:11not
- 2:11going
- 2:12to
- 2:12be
- 2:12successful.
- 2:13Right.
- 2:13You
- 2:13have
- 2:14to
- 2:14make
- 2:14sure
- 2:14the
- 2:15humans
- 2:15that
- 2:16operate
- 2:16your
- 2:16supply
- 2:17chain
- 2:17are
- 2:17embracing
- 2:18AI.
- 2:19So
- 2:19it's
- 2:19very
- 2:20important
- 2:20for
- 2:20organizations
- 2:21to
- 2:22over
- 2:22invest
- 2:23in
- 2:23the
- 2:23people
- 2:23aspect
- 2:24of
- 2:24it.
- 2:24Making
- 2:25sure
- 2:25you're
- 2:25giving
- 2:26them
- 2:26the
- 2:26tools
- 2:26you're
- 2:27giving
- 2:27them
- 2:27the
- 2:27technologies
- 2:28and
- 2:29investing
- 2:29in
- 2:30their
- 2:30education
- 2:30on
- 2:30AI.
- 2:32That's
- 2:32a
- 2:33very
- 2:33critical
- 2:33ingredient
- 2:34for
- 2:35success
- 2:35of
- 2:35any
- 2:36AI
- 2:36led
- 2:37transformation.
- 2:37It's
- 2:38funny
- 2:38I'm
- 2:38a
- 2:38technologist
- 2:39saying
- 2:39this,
- 2:40but
- 2:40really,
- 2:42people
- 2:42are
- 2:42very
- 2:43important
- 2:43aspect
- 2:44of
- 2:44it.
- 2:44Well,
- 2:44it's
- 2:44a
- 2:45common
- 2:45theme
- 2:45we've
- 2:45been
- 2:45hearing
- 2:45in
- 2:45the
- 2:46interviews
- 2:46today
- 2:46and
- 2:46even
- 2:47last
- 2:47week
- 2:47in
- 2:47terms
- 2:48of
- 2:48taking
- 2:48AI
- 2:49and
- 2:49adapting
- 2:49it
- 2:49to
- 2:49the
- 2:50organization.
- 2:50You
- 2:50have
- 2:50to
- 2:51think
- 2:51about
- 2:51it
- 2:51culturally.
- 2:51You
- 2:52have
- 2:52to
- 2:52think
- 2:52about
- 2:53what
- 2:53the
- 2:53design
- 2:53of
- 2:54that
- 2:54process
- 2:54and
- 2:55that
- 2:55workforce
- 2:55is
- 2:55going
- 2:56to
- 2:56be
- 2:56for
- 2:56the
- 2:56future.
- 2:57So.
- 2:57Yeah.
- 2:57What
- 2:58do
- 2:58you
- 2:58think
- 2:58about
- 2:58that?
- 2:58Yeah,
- 2:59I
- 2:59think
- 2:59what
- 3:00I
- 3:00sensed
- 3:00is
- 3:00cautious
- 3:01excitement.
- 3:02That's
- 3:03a
- 3:03good
- 3:03way
- 3:03to
- 3:03put
- 3:03it.
- 3:03Yep.
- 3:04There
- 3:04is
- 3:05a
- 3:05lot
- 3:05of
- 3:05excitement,
- 3:06a
- 3:06lot
- 3:06of
- 3:07potential
- 3:08that
- 3:08AI
- 3:08has
- 3:08to
- 3:09offer,
- 3:09and
- 3:09a
- 3:09lot
- 3:10of
- 3:10leaders
- 3:10are
- 3:10already
- 3:10experiencing
- 3:11it,
- 3:11not,
- 3:12not
- 3:12just
- 3:12in
- 3:13their
- 3:13enterprises,
- 3:13but
- 3:14themselves
- 3:15as
- 3:15consumers.
- 3:16So
- 3:16I
- 3:16see
- 3:17that
- 3:17the
- 3:17caution
- 3:18is
- 3:18coming
- 3:18from
- 3:18the
- 3:18fact
- 3:19that
- 3:19there
- 3:19is
- 3:19also
- 3:19a
- 3:20lot
- 3:20of
- 3:20hype.
- 3:21And
- 3:21the
- 3:21onus
- 3:22is
- 3:22upon
- 3:22sometimes
- 3:23upon
- 3:23these
- 3:23leaders
- 3:24to
- 3:24filter
- 3:24the
- 3:24hype
- 3:25from
- 3:25reality.
- 3:26And
- 3:27the
- 3:27most
- 3:28pragmatic
- 3:28way
- 3:29of
- 3:29approaching
- 3:29it
- 3:30is
- 3:30looking
- 3:31at
- 3:31it
- 3:31holistically,
- 3:32not
- 3:32as
- 3:33a
- 3:33technology
- 3:33initiative.
- 3:35Look
- 3:35at
- 3:35what
- 3:35is
- 3:35the
- 3:36impact
- 3:36on
- 3:36my
- 3:36overall
- 3:37strategy.
- 3:38What
- 3:38is
- 3:38the
- 3:38impact
- 3:38on
- 3:38people,
- 3:39process,
- 3:40and
- 3:40of
- 3:40course,
- 3:41technology?
- 3:41Yeah,
- 3:42yeah.
- 3:42There's
- 3:42going
- 3:42to
- 3:42be
- 3:42a
- 3:43lot
- 3:43of
- 3:43AI
- 3:44Sherpas,
- 3:44I
- 3:44think,
- 3:44leading
- 3:45a
- 3:45lot
- 3:45of
- 3:45organizations
- 3:46here
- 3:46in
- 3:46the
- 3:46next
- 3:46few
- 3:46years.
- 3:47All
- 3:47right,
- 3:47now
- 3:48we've
- 3:48been.
- 3:48I've
- 3:49been
- 3:49trying
- 3:49to
- 3:49put
- 3:49people
- 3:49on
- 3:50the
- 3:50spot
- 3:50in
- 3:50every
- 3:50interview,
- 3:51and
- 3:51I'm
- 3:51going
- 3:51to
- 3:51do
- 3:51it
- 3:51a
- 3:51little
- 3:51bit
- 3:52with
- 3:52you
- 3:52again
- 3:52too,
- 3:52because
- 3:53in
- 3:53that
- 3:53same
- 3:53talk,
- 3:53you
- 3:54said
- 3:54something
- 3:54that
- 3:54I'm
- 3:55not
- 3:55sure
- 3:55that
- 3:56I
- 3:56agree
- 3:56with
- 3:56it.
- 3:57So
- 3:57I
- 3:57want
- 3:57to
- 3:57give
- 3:57you
- 3:57a
- 3:58chance
- 3:58to
- 3:58explain
- 3:58yourself.
- 3:59And
- 3:59you
- 3:59said,
- 4:00reimagine
- 4:00the
- 4:01future.
- 4:01Don't
- 4:01automate
- 4:02redundant
- 4:03processes.
- 4:04So
- 4:05what
- 4:06am
- 4:06I
- 4:06missing
- 4:06in
- 4:07that
- 4:07statement?
- 4:09I
- 4:09think
- 4:09when
- 4:09it
- 4:10comes
- 4:10to
- 4:10AI
- 4:10adoption,
- 4:11learning
- 4:11is
- 4:12as
- 4:12important
- 4:12as
- 4:13unlearning.
- 4:14Okay.
- 4:15Sometimes
- 4:16there
- 4:16is
- 4:16a
- 4:16tendency
- 4:17to
- 4:17say.
- 4:18I
- 4:18got
- 4:18you
- 4:18now,
- 4:19all
- 4:19right,
- 4:19light.
- 4:19Bulb,
- 4:20and
- 4:21just
- 4:21take
- 4:21that
- 4:21and
- 4:21automate
- 4:22it.
- 4:23But
- 4:23let's
- 4:23rethink.
- 4:25Should
- 4:25we
- 4:25even
- 4:25be
- 4:26doing
- 4:26that
- 4:26process
- 4:26to
- 4:26begin
- 4:27with?
- 4:27Exactly.
- 4:27Okay.
- 4:28The
- 4:29way
- 4:29you
- 4:29navigate
- 4:30today
- 4:30and
- 4:30the
- 4:31way
- 4:31you
- 4:31navigated
- 4:3230
- 4:32years
- 4:32back
- 4:32from
- 4:33point
- 4:33A
- 4:33to
- 4:33point
- 4:33B
- 4:34is
- 4:34very
- 4:34different.
- 4:34Why
- 4:35should
- 4:35it
- 4:35be
- 4:35any
- 4:35different
- 4:36for
- 4:36enterprise?
- 4:36Right.
- 4:37AI
- 4:37adoption.
- 4:38Right.
- 4:38So
- 4:38it's
- 4:39an
- 4:39opportunity
- 4:40to
- 4:40rethink.
- 4:41That's
- 4:41a
- 4:41great
- 4:41piece
- 4:42of
- 4:42advice
- 4:42even
- 4:42for
- 4:42my
- 4:42own
- 4:43life,
- 4:43my
- 4:43friend.
- 4:44Like,
- 4:44you
- 4:44know,
- 4:44rethink
- 4:45about
- 4:45it.
- 4:45Don't
- 4:45just
- 4:45keep
- 4:45doing
- 4:45the
- 4:46same
- 4:46things
- 4:46over
- 4:46and
- 4:46over.
- 4:47You
- 4:47know,
- 4:47try
- 4:48to
- 4:48think
- 4:48of
- 4:48a
- 4:48new
- 4:49way
- 4:49to
- 4:49do
- 4:49whatever
- 4:50the
- 4:50goal
- 4:50is
- 4:50that
- 4:50you
- 4:50want
- 4:51to
- 4:51accomplish.
- 4:51Actually,
- 4:51unlearning
- 4:52is
- 4:52the
- 4:52hard
- 4:52part.
- 4:53Right.
- 4:53You
- 4:53know,
- 4:54learning
- 4:54is
- 4:54easy
- 4:55for
- 4:55me.
- 4:55Right.
- 4:56Well,
- 4:56so
- 4:58that's
- 4:58the
- 4:58reason
- 4:59why
- 4:59I
- 4:59made
- 4:59that.
- 4:59That's
- 4:59great.
- 5:00Oh,
- 5:00God.
- 5:00That's.
- 5:00That
- 5:01question.
- 5:01That's
- 5:01good.
- 5:01Good
- 5:01answer,
- 5:02too,
- 5:02man.
- 5:02Wow.
- 5:03We
- 5:03are
- 5:03fortunate
- 5:04to
- 5:04work
- 5:04with
- 5:04a
- 5:05lot
- 5:05of
- 5:05leading
- 5:05companies
- 5:06and
- 5:06seeing
- 5:07these
- 5:07patterns
- 5:07of
- 5:08really
- 5:08successful
- 5:09adoption
- 5:09of
- 5:09AI,
- 5:10that's
- 5:11what
- 5:11gives
- 5:11us
- 5:11reason
- 5:11to
- 5:12believe
- 5:12and
- 5:12reason
- 5:13to
- 5:13continue
- 5:14our
- 5:14mission
- 5:15of.
- 5:15Helping
- 5:15companies
- 5:16be
- 5:16careful
- 5:17out
- 5:17there.