Demand Forecasting in Retail: A Strategic Overview
In the fast-paced world of retail, demand forecasting serves as a linchpin for strategic planning and operational excellence. This process combines data analytics with market insights to predict consumer buying patterns. Retailers leveraging sophisticated forecasting models can better align product offerings with customer expectations, enhance inventory management, and drive sales growth through targeted marketing and promotional strategies.
Visit: https://thousense.ai/blog/...
In the fast-paced world of retail, demand forecasting serves as a linchpin for strategic planning and operational excellence. This process combines data analytics with market insights to predict consumer buying patterns. Retailers leveraging sophisticated forecasting models can better align product offerings with customer expectations, enhance inventory management, and drive sales growth through targeted marketing and promotional strategies.
Visit: https://thousense.ai/blog/...
10:27 AM - Apr 02, 2024 (UTC)