How Predictive Analytics and Machine Learning Can Help Optimize Your Inventory

Imagine a world where you could see into the mind of your customer.

What if as soon as you became aware of what your customer wanted to buy, you could flip a switch and the product would be manufactured instantaneously? Then, at the flip of another switch, you could get it into your customer’s hands instantaneously? 

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Topics: retail technology, artificial intelligence, inventory optimization, machine learning, NRF2018, innvoation

3 Retail Technology & Data Trends to Watch for in 2018

There’s no easy way to trulyknow how the future will pan out. We anticipate certain outcomes from what we know—like the fact the Patriots won over five Super Bowl championships or that your women's cold-shoulder sweaters sold 500 units last season.

With this historical data at hand, it would seem logical to place our bets on past performance.

And, as you know, merchants are constantly making bets.

Yet, while placing our bets for another New England Super Bowl win isn’t entirely a gamble (what can I say, we’re Boston-based ¯\_(ツ)_/¯), anticipating consumer demand for the fall or spring season six to eight months in advance is.

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Topics: retail technology, e-commerce, fulfillment, artificial intelligence, online shopping, consumer trends, data

The BIG Show Countdown (NRF 2018 Must-See Sessions)

It’s almost time.

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Topics: retail technology, fulfillment, artificial intelligence, brick-and-mortar retail, consumer insights, NRF2018

Delivering on Delivery Expectations

"The No. 1 driver of shopping cart abandonment (aka lost market share) is extra fees applied at checkout (aka logistics costs).”  - Retail Dive

As a consumer, it’s easy to overlook the complexities retailers must overcome to execute on delivering the right product to the right place, at the right time.  

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Topics: customer experience, retail technology, amazon, fulfillment, walmart, consumer habits, order delivery, delivery

The Modern Shopper, Tech and the Last Mile: What We Learned at #ShopOrg17

Last week at Shop.org was fantastic, with so many useful insights about the exciting road that lies ahead for digital retail. We examined a few dominant themes retailers can take away from the conference below, including thoughts about the modern shopper, fulfillment, and the future of retail tech. 

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Topics: retail technology, amazon, fulfillment, virtual reality, artificial intelligence, consumer insights, machine learning

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