Artificial intelligence (AI) is changing the face of the markdown process today. By gathering real-time demand data — and combining it with data on current inventory levels and margin targets — AI-enabled solutions from JDA can replace permanent markdowns with short-term promotional prices that maximize all outcomes. Learn more about how AI can help simplify…
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Predicting demand, and creating markdown strategies, for items with short life cycles — such as winter apparel — have traditionally depended on historic sales data and regression analysis. Today, clustering algorithms from JDA can help you predict demand and create markdowns more accurately, based on real-time demand data segregated by item color, size, store location…
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How much are consumers really willing to pay? And which products can capitalize on flexible pricing to stimulate demand? New capabilities from JDA leverage artificial intelligence (AI) to support fact-based decisions about price elasticity, helping you transform agile pricing into a competitive weapon. Explore how you can capitalize on new levels of AI-enabled visibility and…
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While past pricing solutions were focused on execution, today’s next-generation pricing solutions from JDA are more strategic in nature — considering both internal constraints and external factors, such as weather, that can affect demand. Discover how you can leverage these next-gen solutions to take your financial results to the next level in this video with…
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How can convenience store owners and managers contribute to sustainability — and increase their own profits? The answer is surprisingly simple. Statistics show that about 795 million people worldwide are undernourished — which is about one in nine people. At the same time, about one-third of all food produced is wasted at some point in…
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Volatile consumer demand. Soaring expectations for service and responsiveness. Endless purchasing options. How can retailers expect to succeed? The answer lies in using artificial intelligence (AI) to gather data and make fact-based, strategic decisions — no matter how many internal and external factors are involved. This five-part video series highlights how AI-enabled solutions from JDA…
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Supply chains are getting more and more complex, thanks to soaring customer expectations for service and responsiveness and endless purchasing options. In this environment, how can a company manage what it can’t see, plan for what it doesn’t know, or execute a business plan if its supply chain partners are not aligned? Many companies are…
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For decades, from hardware to electronics, textiles, food, household goods, and general merchandise; retailers have been offering lower prices on goods sourced overseas. Though there has been some change in recent years, most imported goods to the United States originate in China. China’s cost base, infrastructure and manufacturing expertise provides a wealth of opportunities to…
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This week we sat down with ShiSh Shridhar, Microsoft’s Global Retail Strategy Director. We learned more about JDA’s partnership with Microsoft and how AI is quickly going from big picture to best practice. Here are the five insights he shared about how artificial intelligence (AI) and cloud technologies are moving the market and empowering retailers…
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It’s no secret that the retail market is undergoing fundamental changes, right? Exactly, and as the rise of eCommerce changes how we shop, many retailers are struggling to keep up with new challenges. Buying behaviors are evolving faster than ever before with consumers looking for flexibility in how they purchase and receive products. The retail…
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