The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...

The findings show that AI-based forecasting significantly improves demand accuracy, enabling firms to align inventory levels more closely with actual consumption. Improved accuracy reduces two chronic ...

AI platform partners with businesses across Hawaii, New York, and California to address $2.6 trillion productivity gap; founder's research ...

Agentic AI User Experience: ToolsGroup is pioneering agentic user experiences and AI co-pilots that enable planners to ...

Michael Amori is CEO and cofounder of Virtualitics. A data scientist and entrepreneur with a background in finance and physics. Accurate demand forecasting is the linchpin of effective inventory, cost ...

Analyst Insight: AI revolutionizes initial inventory planning and stockpiling by estimating demand even when historical data is missing. This optimizes procurement, reduces costs, and prevents ...

My graduate studies included learning about constraint-based optimization algorithms (such as linear programming) and ...

Forbes contributors publish independent expert analyses and insights. Gary Drenik is a writer covering AI, analytics and innovation. Artificial intelligence is quickly becoming the foundation of ...

Emails and Excel are still the primary drivers of the $5 trillion retail industry, in the U.S. alone. The opportunity for ...

HashMicro reports that leading enterprises are increasingly adopting inventory platforms that combine real-time stock monitoring, automated reordering, low-stock alerts, expiry tracking, internal ...