Michael Amori is CEO and cofounder of Virtualitics. A data scientist and entrepreneur with a background in finance and physics. Accurate demand forecasting is the linchpin of effective inventory, cost ...
The requirements for retail success don’t get much more basic than the ability to accurately forecast customer demand. Even a mom-and-pop bodega has to have a pretty good sense of how many people will ...
Legacy load forecasting models are struggling with ever-more-common, unpredictable events; power-hungry AI offers a solution.
HARRISBURG, Pa. — The forecasts are eye-popping: utilities saying they’ll need two or three times more electricity within a few years to power massive new data centers that are feeding a fast-growing ...
Fashion has an inventory management problem, and it’s only intensified in recent years. Solving these challenges has proven elusive, leaving the industry with billions in unsold stock annually and ...
Analyst Insight: By optimizing forecasting, replenishment, and logistics, artificial intelligence helps grocers reduce excess stock, spoilage, and unnecessary transport — all of which cut costs and ...
Bed capacity management is of critical importance to health systems, impacting patient care and safety, operational efficiency, system sustainability and financial performance. Efforts to improve and ...
Editor’s note: The following article is a joint project of professors in the University of Tennessee Knoxville’s Global Supply Chain Institute. For more on the Institute, click here. Demand planners ...