Imagine walking into your favorite clothing store, excited to purchase that trendy jacket you’ve been eyeing online. You finally spot it, but alas, your size is nowhere to be found. Frustrated, you leave empty-handed. This common scenario highlights a significant challenge in fashion retail: aligning inventory with customer demand, especially concerning size availability. AI inventory planning …
Continue reading “AI Inventory Planning for Fashion: Solving the Size Dilemma”
Effective CPG production planning is critical for achieving operational efficiency, meeting customer demands, and maintaining optimal inventory levels. The Consumer Packaged Goods (CPG) industry is highly dynamic and faces unique complexities that make robust production planning systems essential for maximizing effectiveness. Key Challenges in CPG Production Planning From managing high-volume, low-margin products to navigating demand …
Continue reading “Top 6 Must-have Capabilities for Automating CPG Production Planning”
2025 is poised to be a transformative year for retail supply chains, driven by technological innovation, heightened resilience, and a stronger push for sustainability. What does this mean for how we shop and work? This is not just for supply chain executives but everyone else in the C-suite of retailer businesses. Understanding these trends is critical …
Continue reading “5 Retail Supply Chain Technology Trends in 2025”
Fashion retailers face an uphill battle. Short product lifecycles, constantly changing trends, and the need to stock multiple sizes and colors create a logistical nightmare. In the United States alone, retailers are sitting on $740 billion in unsold goods.
Today’s retail landscape is a battlefield. The competition is fierce, and customer expectations are higher than ever. Retailers can lose up to 20% of potential sales due to poor assortment planning. With so many choices, shoppers won’t wait for you to catch up! That’s why staying ahead in assortment planning is a game-changer. To thrive, …
Continue reading “Integrated Assortment Planning: A Key to Retail Success”
Like millions of other professionals working remotely from home, I ditched my business suits and high heels in favor of more comfortable styles. However, I had been holding onto my closet full of gray and black outfits even after moving to Florida and hadn’t converted to pastels and bright colors until recently. 2023 was the …
Continue reading “The Barbie Trend: 4 Must-Haves for Resilient Supply Chain Planning”
Retailers know firsthand how quickly the market can change. One day, a product is flying off the shelves, and the next, it’s gathering dust. That’s why it is important to stay on top of the supply chain planning trends – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.
As we are winding up another year full of disruptions and opportunities, businesses are already hard at work planning for the next year and beyond. Both in the budgeting and the S&OP processes, Demand Planning is usually the starting point and plays an essential role in establishing a resilient planning process. Many planning organizations have …
Continue reading “Resilience in Supply Chain: AI-Driven Probabilistic Demand Planning”
Artificial Intelligence (AI) and Machine Learning (ML) are hot topics being discussed in the retail world. Across the globe, whether they are grocery, mass merchant, or fashion, retailers are looking for ways to make faster and smarter decisions using this technology. Among the leading applications of AI & ML in planning are forecasting and replenishment processes.
Volatility and ambiguity are not going away from our lives. We need planning platforms to keep up with all the changes. Discover the importance of Composability in fickle times.
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