By Violet Jaramillo, Sr. Solution Architect What is Consumer-Centric Merchandise Planning? Merchandise Planning is a systematic method of forecasting inventory based on historical data. It’s a blend of data-driven forecasting along with the art of predicting trends, so that the right product is at the right location at the right time. Today’s reality is one […]
While attending this year’s Retail Industry Leaders Association (RILA) Conference in Phoenix, it was apparent that the future of retail analytics, predictive technology, and a consumer-driven supply chain is here. Many of the conference’s presentations focused on the importance of predictive analytics, automation of tasks (fulfillment, merchandising, and store operations), and artificial intelligence (AI) that […]
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