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The complete guide to Machine Learning in Retail Demand Forecasting

In today’s data-rich retail environment, machine learning can help tackle your biggest demand forecasting challenges. Download the free guide to learn: How machine learning enables you… View Article

RETAIL SOLUTIONS

The complete guide to Machine Learning in Retail Demand Forecasting

In today’s data-rich retail environment, machine learning can help tackle your biggest demand forecasting challenges.

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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