How AI is making the fashion industry smarter!

How AI is making the fashion industry...

Trends in the fashion industry are driven by customer flickering behavior. Change is the only constant in this field. Other than consumer expectations, fashion is...

How deep learning solves retail forecasting challenges

How deep learning solves retail forecasting challenges...

Like in the case of most industries, retail too, is being driven forth and ahead with data. Keeping up with the increasing demands and expectations...

Success in Supply Chain with AI: Proven Ways

Success in Supply Chain with AI: Proven...

Roaring magnanimously, artificial intelligence has emerged as one of the most widely used technologies in every industry today. Looking at the graph below, it is...

Traditional Forecasting Methods

Traditional Forecasting Methods

As seen in Part 1, Forecasting is an important part of the demand planning strategy. Human beings have been cognizant of the importance of forecasting...

Why Demand Planning?

Why Demand Planning?

An unsophisticated forecaster uses statistics as a drunken man uses lamp-posts - for support rather than for illumination. - After Andrew Lang All business planning...

What is Sales Forecasting?

What is Sales Forecasting?

No enterprise these days can remain competitive and profitable without optimizing its short-term and long-term performance. Businesses from various industries and regions improve their long-term...

Importance of Sales Forecasting for Businesses

Importance of Sales Forecasting for Businesses

The demand for a product or service keeps changing from time to time. No business can improve its financial performance without estimating customer demand and...