Businesses that rely solely on forecasts frequently face two common problems — overstocking and stockouts — both of which hurt profitability and customer satisfaction. To overcome these challenges, organizations are turning to a smarter, more adaptive approach known as Demand Driven Replenishment (DDR).
Demand driven replenishment helps companies maintain optimal inventory levels by...
In the competitive world of retail, pricing is a powerful lever that directly impacts profitability, customer perception, and inventory management. Among various pricing strategies, markdown optimization has emerged as one of the most effective tools for retailers to maximize margins and reduce excess stock.
Markdown optimization uses data analytics, automation, and predictive modeling to...
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