Utilizing Retail Forecasting to Recover from COVID-19
No doubt, the pandemic took us by surprise and it’s rewriting the rules of retail. There’s no going back to how it was anytime soon. In the new retail normal, however, merchandise planning requires specific considerations for historical data, forecast models, and planning parameters. Retailers will need to rapidly retune their retail analytics to account for the abrupt changes in consumer behavior that now come with the next retail normal.
Join us to discover how top retailers are leveraging machine learning techniques and forecasting strategies to capture recent trends, shifts in customer behavior and buying patterns to ensure their merchandising strategies are aligned with accurate demand signals for both existing and new products.