BIRAJA P NATH’s Post

Leveraging #AI for demand planning and forecasting has transformed the retail sector by enabling swift, data-driven decisions, especially during crises. This shift from intuition to AI-driven analysis allows businesses to accurately predict demand trends, efficiently manage supply chains, and maintain product availability. As a result, companies not only meet customer demands more effectively but also gain market share, demonstrating the strategic value of AI in retail. #nerp #nirmalya #AIDemandPlanning #RetailInnovation #AIForecasting #SupplyChainAI #RetailTransformation #DataDrivenRetail #AIInRetail #SmartSupplyChain #RetailTech #CrisisManagementAI

It's clear: predictive analytics is reshaping the retail landscape, empowering businesses to make more informed, time-efficient decisions that drive success and outpace competition. #ai #predictiveanalytics #retail #retailmerchandising #shopperinsights

Exciting read on supply chain optimization in Retail & CPG sector! They delve into the power of generative AI and LLMs using Databrick's Data Intelligence Platform, offering insightful strategies for enhancing efficiency in today's complex supply chain landscape. Great article Sudarshan Shetty 😊 A must-read for anyone in the industry! #SupplyChain #AI #LLM #databricks #retail

Explore how top #retailers use advanced demand #forecasting to stay ahead! Discover how leading retailers maintain a competitive edge by integrating cutting-edge #technology and data analysis to predict consumer demand accurately in our latest blog. Read on! https://lnkd.in/e9ePzdPu #retail #ai #retailtrends #demandforecasting #retailtech

In this article, we’ll explore how demand sensing in the supply chain works, its impact on retail operations, and the role of advanced technologies like AI and machine learning in shaping the future of demand forecasting. Whether you’re a retailer facing demand volatility or a supply chain professional looking to optimize inventory, this article will offer actionable insights on leveraging demand sensing to drive efficiency and stay competitive. #DemandSensing #SupplyChain #RetailOperations #AIinSupplyChain #DemandForecasting #InventoryOptimization #MachineLearning #SupplyChainEfficiency #RetailTech #DemandVolatility

There are three key areas where retailers leveraging #AI for #demand forecasting and #inventory planning have seen great opportunity: automation, articulate demand prediction, and reduction of overstock and stockouts. https://lnkd.in/eD94eWux

There are three key areas where retailers leveraging #AI for #demand forecasting and #inventory planning have seen great opportunity: automation, articulate demand prediction, and reduction of overstock and stockouts. https://lnkd.in/gkeKA66b

There are three key areas where retailers leveraging #AI for #demand forecasting and #inventory planning have seen great opportunity: automation, articulate demand prediction, and reduction of overstock and stockouts. https://lnkd.in/gTw8dwbB

Advanced data analytics is now a table-stakes tool for inventory planning. Some estimates show that applying AI-driven forecasting can reduce errors by between 20 and 50 percent, reducing lost sales and product unavailability by up to 65 percent. Sharper demand forecasting also reduces waste and unsold products that need to be marked down or liquidated. Although […] https://lnkd.in/dYavFEKX www.Cyprus-CEO.com #CEO #business #management #marketing #tech #AI #legal #money

There are three key areas where retailers leveraging #AI for #demand forecasting and #inventory planning have seen great opportunity: automation, articulate demand prediction, and reduction of overstock and stockouts. https://lnkd.in/eCDunNwY