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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? When is the right time to replenish inventory from the vendor and how much should you order? How do you calculate optimal safety stock levels?

article thumbnail

How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory? When is the right time to replenish inventory from the vendor and how much should you order? How do you calculate optimal safety stock levels?