Confidence Intervals

Confidence Intervals

What are the confidence intervals? In statistics, it is almost always impossible to deal with the entire population as a whole. When I say population,...

Inventory rebalancing - Part 1

Inventory rebalancing - Part 1

Introduction Any retail chain organisation, operating multiple stores across multiple states and cities, and sometimes in multiple countries, has to optimise its supply chain to...

Are you ready for the artificial intelligence supply chain model and its impact on sales?

Are you ready for the artificial intelligence...

Modern industrial sales and supply chains are complex. The amount of a product or service that a company can sell or produce over a given...

Why you need demand forecasting solutions using machine learning?

Why you need demand forecasting solutions using...

A Gartner survey indicates that demand volatility is the top pain point for business executives - irrespective of the industry they are in. It indicates...

Demand forecasting retail-Best practices

Demand forecasting retail-Best practices

Best practices for smarter predictions Demand forecasting retail is one of the toughest jobs. One has to look into the existing market data, store performance,...

ML in supply chain optimization

ML in supply chain optimization

How ML in supply chain optimization is improving management and efficiency Machine learning is one technology that has revolutionizing industries by helping optimize their day...