The complete guide to Machine Learning in Retail Demand Forecasting
Download the free guide to learn:
- How machine learning enables you to forecast the impact of promotions, price changes, and cannibalization
- How you can predict the impact of external factors, such as weather or local events
- Best practices for using machine learning in your retail business
“…In a 2020 study of North American grocers, 70% of respondents indicated that they could not take all the relevant aspects of a promotion—such as price, promotion type, or in-store display—into consideration when forecasting promotional uplifts. But they wish they could. Here….machine learning can help. Using machine learning-based demand prediction, retailers are able to accurately predict the impact of promotions… .”
Download the guide here.
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