Data analytics has been one of the major technology applications driving the evolution of retailing. While many of the analytics platforms are focused on in-store operations, the same techniques can help retailers fine-tune their logistics and supply chain operations to maximize merchandise, on-shelf availability, and support omni-channel retailing.
LPM: In layman’s terms, what is predictive versus prescriptive analytics?
Yehiav: Predictive and prescriptive analytics differ in their end purpose and…[Read More]