Machine Learning Times
Machine Learning Times
EXCLUSIVE HIGHLIGHTS
Effective Machine Learning Needs Leadership — Not AI Hype
 Originally published in BigThink, Feb 12, 2024.  Excerpted from The...
Today’s AI Won’t Radically Transform Society, But It’s Already Reshaping Business
 Originally published in Fast Company, Jan 5, 2024. Eric...
Calculating Customer Potential with Share of Wallet
 No question about it: We, as consumers have our...
A University Curriculum Supplement to Teach a Business Framework for ML Deployment
    In 2023, as a visiting analytics professor...
SHARE THIS:

9 years ago
Building the Optimal Retail Assortment Plan with Predictive Analytics

 After making a financial plan for the year ahead, the next big step for a retail chain is to create the ultimate assortment plan, and even more importantly be able to execute and manage your assortment throughout the year. So why is retail predictive analytics making so much buzz these days? Well in order to understand what it is allow me to first explain what it is not. Traditionally retailers have used various statistical business intelligence tools to build a linear forecast. These systems produced a demand forecast based on past sales and a few important factors such

This content is restricted to site members. If you are an existing user, please log in on the right (desktop) or below (mobile). If not, register today and gain free access to original content and industry news. See the details here.

Comments are closed.