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AI Use Case
Predict local and regional sales and demand trends
Predict local or regional sales and demand trends using up to date (with the ambition being real-time) data
Function
Marketing
Marketing Research Planning
Benefits
Operational Support - Demand forecasting,Operational Support - Sales forecasting,Operational Support - Production forecasting
Case Studies
Kiabi~Kiabi increases in-store product availability by 7% by optimising supply chain management with machine learning,Otto~Otto reduces the rate of product returns by predicting sales for the next three months with 90% accuracy using machine learning to understand consumer preferences
Potential Vendors
Infor,Blue Yonder
Industry
Data Sets
Time series
AI Technologies
Machine Learning (ML)
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