23 Nov 2024
Industry Insights, Retail

In-Store Shopping is BACK!

Never say never. For all those who thought e-commerce would crush brick-and-mortar stores, nothing could be further from the truth. Today, shoppers are spending more money online and in stores, and consumers are enjoying the speed and convenience of online shopping. Contrary to the predictions…

Tech BYtes, Technology

Forecasting Few Is Different, Part 1

When dealing with sales forecasts that concern fast-moving as well as slow-moving items, we must account for the non-proportional scaling of relative forecast uncertainty with selling rates, which largely determines the achievable level of precision. Executive summary For the same forecast quality, predictions for slow-moving…