Fashion has an inventory management problem, and it’s only intensified in recent years. Solving these challenges has proven elusive, leaving the industry with billions in unsold stock annually and ...
What do the stock market and weather forecasting have in common? Here’s a clue: stocks are valued based on trend projections, whereas changes in weather are tracked using prevailing atmospheric ...
Anticipating and incorporating demand, particularly for highly seasonal and weather-dependent items, is crucial to delivering an exceptional customer experience while maintaining accurate inventory ...
The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...
Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies. This shift comes as traditional forecasting ...
AUSTIN, Texas--(BUSINESS WIRE)--E2open today announced the publication of its 2018 Forecasting and Inventory Benchmark Study, an in-depth analysis of the state of demand and inventory management that ...
Managing costs is an essential priority for any business, but especially so for retailers. Savvy consumers have more tools at their disposal now to find the best bang for their buck, leading to stiff ...
ATLANTA--(BUSINESS WIRE)--Manhattan Associates Inc. (NASDAQ: MANH) announced today that Lamps Plus, the nation’s leading specialty lighting retailer, has implemented Manhattan’s Demand Forecasting and ...
Autumn is an associate editorial director and a contributor to BizTech Magazine. She covers trends and tech in retail, energy & utilities, financial services and nonprofit sectors. Demand forecasting ...