June, 2013

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Predictive Analytics Transforms Inventory Management in Retail

Retalon

Originally Published on PA Times. Every retailer wishes to have the right product at the right place at the right time. In order to achieve this there is a lot of thought put into inventory management, allocation, and replenishment processes. Most retailers begin by creating a plan based on the big picture of their business process, and then they purchase the inventory, and allocate it to stores from the DC.