The old paradigm of trade promotion investments has failed. Companies that continue to reinforce the process will realize short-lived, incremental improvements. CPG companies will never achieve the transformational results necessary for being nimble and growing in the new environment without a broader, strategic consumer-focused strategy.
After last year's record holiday sales growth (Yes, record – except for fashion retailers), this holiday is heating up to be another great year, with US sales expected to grow by 7.4%. Even clothing and other discretionary spending are expected to rise. But if the correct amount of inventory is not placed in the right locations, all that opportunity is lost.
With ready-to-go, configurable, and extendable AI models and pipelines for solving essential forecasting needs - you can get the tools used by the world's leading AI forecasting company at your fingertips.
Antuit.ai recently released its AI Demand Modeling Studio for consumer product and retail companies, opening up their best-in-class AI to consumer product and retail companies. This article answers the FAQ about AI Demand Modeling Studio.
Increased omnichannel shopping and shifting customer order fulfillment costs retailers 6 to 8 percentage points of margin. Read about the typical challenges faced by fashion and apparel retailers due to these shifts.
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