AI for Retail: Solving Stock Issues with Demand Forecasting
A major retailer is looking to enhance their customer experience and reduce losses from their supply chain by eliminating 'left-over' and 'out-of-stock' scenarios.
Which type of Artificial Intelligence (AI) solution would be suitable for solving this problem?
- A. Adjust prices and promotions to boost sales
- B. Drive recommendations by analyzing historical data
- C. Introducing chatbots to help clients navigate a new season’s collections
- D. Predict the demand for a certain product by analyzing existing data
D. Predict the demand for a certain product by analyzing existing data
Predictive analytics, a powerful AI tool, can analyze historical data and current market trends to forecast product demand. This allows retailers to anticipate customer needs, optimize inventory levels, and prevent both stockouts and excess inventory.
原文地址: https://www.cveoy.top/t/topic/o5o2 著作权归作者所有。请勿转载和采集!