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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. How much extra inventory should be ordered for planned promotions? Retailers have been operating in a multi-channel environment for a long time.

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. How much extra inventory should be ordered for planned promotions? Retailers have been operating in a multi-channel environment for a long time.

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. Here’s more detail on how Retalon’s Inter-store inventory & assortment balancing process works.