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Forecasting for perishable items is challenging for grocers, especially during promotion events. Learn how AI helped one company create accurate demand forecasts at a SKU-Store level, reducing over-forecasting and waste from overstock. … Promotion …
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Forecasting for promotions requires retailers to predict cross-product effects on total cart value, which can be challenging. Learn how machine learning helped one customer place more effective promotions, resulting in a 10% incremental sales lift per ad. …
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When a grocer wanted to optimize promotion planning for increased financial impact, it chose artificial intelligence demand forecasting to find a plan that increased incremental sales and dollars per item. Learn more. … Promotion forecasting & …
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With 2020 in hindsight, retailers and CPG companies are facing challenges like never before in 2021: How to pivot to DTC models, speed up shipping, evolve packaging for e-commerce and even create private labels through vertical integration to lower risk …
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In this episode, we’re joined by Bryan Palma, a senior solutions manager at Kinaxis, to talk about his experience as a retail buyer and category manager, and how that’s shaped his outlook on how companies can adapt to the evolving shopping habits of …
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A leading drugstore retailer with a dynamic history of innovation and growth, this company is dedicated to its mission to provide exceptional customer service and patient care across hundreds of stores and communities. Faced with the challenge of keeping …
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Your retail supply chain’s scale and product diversity makes pricing and promotions planning complex, but industry leaders use their existing data to harness the power of artificial intelligence to optimize planning. Learn how you can do the same. … …
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Retailers face many challenges when it comes to responding to customer needs, especially in times for uncertainty. With disruptions like challenging trade regulations, economic uncertainty, natural disasters and COVID-19 creating challenges for consumer …
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Retailers face many challenges when it comes to responding to customer needs, especially in uncertain times. With uncertainty as the new norm, what does the future of retail look like? Explore three key retail trends and how new strategies such as …
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Here on the development team, we are big fans of iterative development for our software, for our ML models and especially for our office table tennis ranking system! In the past, our team wrote about Building A Table Tennis Ranking Model using the …
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Editor's note: This blog is part of a series originally published on Rubikloud's blog, "kernel." Kinaxis acquired Rubikloud in 2020. At Rubikloud, our wonderful Operations team regularly plans fun activities that the whole company can participate in such …
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Over the last several weeks, this blog series on Inventory Management has explored the objectives and roles of inventory managers and outlined several of the improvement levers available to them. This post will discuss some of the metrics and analysis …