Lost sales from stockouts hurt more than just today’s revenue—they damage customer trust and send shoppers straight to competitors. Preventing this scenario ...

BDO USA reports that generative AI helps retailers forecast demand by analyzing real-time data trends, improving inventory accuracy and decision-making.

Sometimes, having abundant inventory is a good thing. Maintaining high inventory levels lets you meet surges in customer ...

Oversimplifies trends and ignores real-world disruptions. Can’t predict economic downturns, competitor actions and shifts in customer behavior on its own. Ignores randomness; every forecast will have ...

A) Retail/E-commerce inventory (forecasting product demand for stores or online sales) B) Manufacturing raw materials (forecasting material needs for production) C) Distribution/logistics (forecasting ...

Inventory software should keep multi-location stock accurate, automate reorders, flag exceptions, and plug cleanly into your POS/ecommerce, accounting, and 3PL tools. Use this guide to match the right ...

Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. Weather significantly impacts retail, yet many underutilize ...