We discuss effective retail inventory planning and allocation strategies with Greg Arthur, VP of Retail Strategy at Onebeat. Greg shares how leveraging AI for inventory optimization helps retailers maximize sell-through rates and profitability.
Key topics covered include:
- Self-adjusting, short-term algorithms for granular inventory level predictions
- Allocating the right inventory across stores and channels
- Reducing markdowns and carryover stock with data-driven replenishment
- Achieving higher sales velocities and sell-through rates
- Streamlining onboarding with quick proof of value simulations
- Success stories of boosted sales and margins with less total inventory
This video highlights smart approaches to retail inventory planning using AI and machine learning for better results.
To learn more about Onebeat, head here: https://1beat.com/solutions/?utm_source=LinkedIn&utm_medium=social&utm_campaign=Linkedin+Website&utm_term=Solutions
#inventoryplanning #retailstrategy #aioptimization
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