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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand.

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

If you’re a retailer reading this in 2018, you need to pat yourself on the back! seasonality, price-elasticity, geo-demographic diversity, past promotions) and applies sophisticated mathematics to your specific business rules, policies, and costs constraints. Here’s the list of stores closing this year.).

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the right products in stock at the right locations/channels to support the shift in demand? Adrian is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions. Learn more at retalon.com.

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Coach joins Burberry and Gucci in dropping fur products

Retalon

Are the right products in stock at the right locations/channels to support the shift in demand? Contributed by Adrian Silipo is the Marketing Manager at Retalon, an award-winning provider of retail Predictive Analytics solutions for planning, inventory management, merchandising, pricing, and promotions.

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How to Sell to Spendsetters: 1/3 of All Consumers

Retalon

57% want to be able to check inventory levels online. 72% would shop more if they had personalised product suggestions and promotions. For Automotive Parts/Service: Amazon has aligned with Sears to sell tires online, and then have them delivered to Sears automotive retail locations near customers for installation.

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Causes of Retail Overstock and Best Ways to Avoid Them.

Retalon

Some shocking examples of overstock include Swedish apparel giant H&M , which reportedly amassed $4 billion worth of unsold clothing as of June 2018. In the end, much of the unsold overstock inventory was donated to charity or recycled. On the heels of this news, stock in the company plunged by 28 percent in 2018.