What if you could travel into the future?
In the 1980s sci-fi classic trilogy, Back to the Future, Marty McFly brings back from the future the Sport's Almanac, a compilation of sports statistics and scores, with the intention of gambling his fortune on games with a 100% accuracy.
What if you could fast-forward to next season? What would you bring?
If I had to guess, as a merchant, you’d probably gather all of the transactions across each store. With that knowledge, you could make the best use of inventory by knowing exactly where each product was going to sell.
If only it were as easy as time travel. While nothing will be as easy as time travel, it can get pretty close with advanced analytics.
Here's why advanced analytics is the flux capacitor of retail.Read More