As Accenture notes, the retail industry is quickly reaching the peak of the AI hype curve, as 86% of retailers are experimenting with it to forge new paths to growth. We are now seeing the boldest of ...
Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...
Anticipating and incorporating demand, particularly for highly seasonal and weather-dependent items, is crucial to delivering an exceptional customer experience while maintaining accurate inventory ...
Consumers and retailers alike know how frustrating stockouts can be. But solving the out-of-stock problem isn’t as simple as carrying more inventory. Retailers run the risk of overstocking, with ...
C-suite leaders have high expectations of data. They want to be able to whip out their smartphones and bring up beautiful visualizations of trends that give them actionable insights into the business ...
Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...
Traditional long-term forecasting models are no longer sufficient as electrification, DER growth, EV adoption, extreme weather events and new large loads introduce unprecedented complexity. The future ...
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