Demand and capacity planning helped a leading retail company to improve accuracy in demand forecasting by 15%
A U.K based leading retail player wanted to reduce the percentage error in their demand forecasting approach. Due to the inconsistent nature of their existing demand and capacity planning processes, they were not able to manage their inventory stocks and ensure the...
Top 3 Demand Forecasting Challenges Facing the Retail Industry in 2019
In today’s data-centric world, the retail environment continues to grow more complex than ever before. With the influx of consumer data, businesses like retail need to have a better mechanism for demand forecasting in order to improve their customer service and stay...
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