Blog

28 May 5 Ways Predictive Analytics Help Retailers on Mother’s Day

At $20 billion in sales, Mother’s Day is the third biggest selling season for retailers.

Read this to find out how retailers can maximize their return on the event. ...

13 Feb Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern" css=".vc_custom_1497899827689{padding-top: 1% !important;padding-bottom: 1% !important;}"][vc_column][vc_column_text]Business Intelligence (BI) and traditional forecasting methodology can provide visibility into a retailer’s past sales, promotions, stock levels, and more. Unfortunately, they do not eliminate the need to manually consolidate data in order to make intelligent decisions about the future. Last year’s data cannot accurately project what will happen moving forward, because of variances such as changing trends, new products, moving holidays and other differences from year to year which must be considered. The result of unreliable projections are inventory imbalances: mistakes in planning, purchasing, and inventory management, resulting in inventory levels that don’t match actual demand. Each year, inventory imbalances cost retailers an estimated $1.1 trillion annually. By leveraging Retalon’s predictive analytics, retailers can work smarter to increase sales while decreasing inventory cost.

19 Jun The Paper Store Wins Retail Innovation Award

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]The Paper Store wins the inaugural Retailer Innovation Award run by IRT. The Paper Store was selected for this award due to the technological innovation in it's supply chain including the introduction of Retalon predictive analytics

19 Sep Retail Planning: The Perils of Using Last Year as Your Baseline

A predictive analytic solution can provide LY’s level of demand, rather than simply actual sales, allowing planning teams to consistently get better and do things differently....

26 Aug La Maison Simons Wins Supply Chain Innovation Award

Our team at Retalon has had the pleasure of working with La Maison Simons to implement predictive analytics technology that was featured in the case study for the award....

13 Sep Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

How Retalon predictive analytics technology empowers retailers with greater accuracy, predictability, and automation to reach KPI's goals more effectively. ...

22 Dec How Predictive Analytics Are Transforming Omni-Channel Retail

A Q&A with Mark Krupnik, President & CEO, Retalon, on omni-channel fulfillment, customer expectations, inventory management, and forecast accuracy....

29 Nov The Solution for Smart Fulfillment and Omni Channel Retailing

The right product at the right store/channel at the right time. Retalon's Inventory & Assortment Balancing solution optimizes Omni-Channel Retailing....

21 Oct A Second Chance To Sell At Full Price

A new service from Retalon gives you a second chance to quickly sell merchandise at full price!
Inventory Balancing puts products where customer demand is....