Pricing, Promotion, Placement, and Movement: How AI is Revolutionizing Retail Operations and Supply Chains
In today’s evolving retail landscape, balancing inventory levels, optimizing pricing, and ensuring timely product availability is all critical to staying competitive. Yet, achieving this balance is far from easy. Challenges such as overstocking, understocking, misaligned promotions, and disconnected supply chains can impact revenue, customer satisfaction, and operational efficiency. Fortunately, advancements in Artificial Intelligence (AI) and …