An Intelligent Way to Improve Demand Forecasting
I’m a cyclist. But I have a confession to make. I’m a fair-weather cyclist. While riding my bike helps keep me healthy and gives me time to think, when I get caught in a rain shower, I know I’ll be spending a significant chunk of my afternoon cleaning mud and gunk off…
Good AI vs. Bad AI
Blue Yonder and WMG, University of Warwick recently released a report exploring the digital readiness of today’s retail supply chains with only 15% of global retailers reporting prescriptive or autonomous supply chains driven by artificial intelligence (AI) and machine learning (ML). However, over half of those surveyed…
Fashion Retailers Could Be Left Paying the Price If They Don’t Take Advantage of AI
Setting the right price has always been a complex question for fashion retailers. On the one hand, a high price will risk losing customers – according to McKinsey, customers will not return to a retailer if prices are more than 30% higher than competitors. Whereas a…
Mitigating the Impact of the Coronavirus on Supply Chains with Machine Learning and Real-Time Visibility
Blue Yonder understands the need for data to help our customers plan and respond to the supply chain not only in routine times, but also in times of crisis, such as now with the exponential spread of the Coronavirus (Covid-19).
7 AI Predictions for 2020
Dr. Michael Feindt – founder of Blue Yonder and JDA’s chief scientific advisor – has been researching, understanding, and identifying ground-breaking use cases for artificial intelligence (AI) for many years. As a physicist and data scientist, he is constantly thinking about how algorithms can be…
Retail Pricing: How Leading Retailers Are Leveraging AI to Fight Back
The first blog in this two-part series focused on the primary challenge facing retailers today: mega-retailers have forced prices down, based on their economies of scale and hyper-optimized supply chains. Smaller retailers have responded by creating short-term promotions that draw shoppers into the store, but…
Retail Pricing: Understanding How Power Shifted to the Consumer
Remember the good old days when retailers controlled pricing? With limited competition, they were able to offer standardized assortments across all their sales outlets, purchased in a manner that delivered the lowest possible unit cost. Pricing was based on a set of established rules, defined…
Unlock Next Generation Value in Supply Chain Management [Video]
If you’re looking to get to the next level of value add in your supply chain process, artificial intelligence (AI) is not enough. However, the next generation of expectations and customer service levels are achievable. Rachel Hinkes, a VP of product management for JDA, expands…
3 Factors Driving Machine Learning Performance in Your Supply Chain [Video]
The demand for seamless supply chains is becoming increasingly important and – thankfully – possible when using artificial intelligence (AI) and machine learning (ML). Three key factors, which include forecast accuracy, robustness and the explicability of data, influence your supply chain performance. JDA’s Srini Muthusrinivasan,…
3 Technology Trends That Will Improve Your Supply Chain Performance [Video]
In today’s competitive markets, it takes more than the ability to quickly respond to urgent supply chain disruptions after they start. Instead, your supply chain must predict disruptions and proactively resolve them before they negatively impact your business. In this video, JDA’s Jeff Stabell, senior…