Is AI the Answer to No Touch Demand Planning?

There is an increasing belief that machines can replace human activities. With supply chain becoming more complex, humans would need to make hundreds of thousands of decisions to stay competitive. Does this mean companies need AI and No Touch Demand Planning?

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Three Things You Must Do to Maximize Personalization

Digital savvy consumers demand personalization across multiple touch points. Companies that fail to engage risk losing consumers or even worse falling behind the competition. Gone are the days of mass marketing, mass messaging, mass distribution of the same message to everyone. 

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How Artificial Intelligence Optimizes Merchandising, Pricing, and Replenishment for Omni-channel Retailers

“At each step of the process, planners have access to accurate information which becomes an invaluable tool. Companies that have imbedded AI into their systems have experienced up to 6% improved gross margin and a 10% increase in sell-through,”
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Five Business Myths of Artificial Intelligence

Today, artificial intelligence is quickly rising to the top of most companies “must have” tech list.  IDC, a research firm, predicts by 2021, enterprises will spend $52.2 billion annually on AI-related products and services, achieving significant gains from these investments.

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Video:  Driving Value Through Pricing in Omni-Channel Retail

Traditional pricing strategies are not equipped for decision making in the omni-channel space. Fluidity of inventory across channels provides new options for increased sell-through and better customer experience. However, it also adds complexity in pricing decisions that can erode margin and leave inventory stranded in the wrong places.

In this presentation, Yogesh Kulkarni discusses new and important considerations for multi-channel Retailers and how pricing optimization solutions can be used to maximize your profit margin, not only from markdown decisions, but also optimizing your inventory across all channels and locations.

 Presented by: Yogesh Kulkarni, Executive Vice President, Marketing & Pricing Analytics at the SAS® Global Forum 2019 in Dallas, TX
 
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