As a retailer, managing risk is an essential business function, but it's also one of the most complicated. With the unprecedented disruptions caused by the COVID-19 pandemic and other external factors, risk management has become even more critical for retail enterprises. Our latest eBook offers retailers a fresh perspective on key risk mitigation strategies toward virtually mastering uncertainty.
Our experts offer actionable guidance on extending lead times for vendors, recommitting to an agile culture, focusing on details, enhancing forecasting, developing, and applying risk profiles, focusing on the future, and staying glued to the customer. With practical examples and insights, this eBook provides a deeper understanding of the emerging role of advanced data science tools and techniques to mitigate risks in retail decision-making, maximize ROI, and outflank competitors.
A fresh perspective on today's rapidly evolving retail landscape
Specific strategies & tools that retailers can implement to improve their bottom line
Data science powered AI that gives retailers an edge in pricing, assortment, and demand forecasting
About this eBook
Our latest eBook takes a fresh look at inherent risks surrounding retailing—particularly for fashion-based retailers. Taking chances on new styles and predicting the next hot trends have always been an essential part of the game, yet “bad risks” of misjudging supply or demand too often spell doom.
We’ll explore the latest trends and techniques in data science and AI that can transform your retail business. From predictive modeling to machine learning algorithms, you'll discover how to use these tools to unlock hidden insights in your data and make better decisions that drive growth and profitability.
But the real value is in its practical advice and real-world examples. As our retail experts share insights and experiences, you'll see how top retailers are already leveraging data science and AI to gain a competitive edge.
