Mi9 Retail and Planalytics Partner to Improve Demand Forecasting Accuracy and Increase Profitability for Retailers by Incorporating Weather Analytics
M19 Retail
MARCH 22, 2021
By incorporating weather information into their forecasts, retailers can realize annual forecast accuracy improvements of up to 30 percent for specific products, time periods, and locations. Up to 70 basis points of additional profit due to increased sales and reduced inventory costs (e.g. carrying costs, markdowns, shrink, etc.).
Let's personalize your content