Michael Amori is CEO and cofounder of Virtualitics. A data scientist and entrepreneur with a background in finance and physics. Accurate demand forecasting is the linchpin of effective inventory, cost ...

Managing costs is an essential priority for any business, but especially so for retailers. Savvy consumers have more tools at their disposal now to find the best bang for their buck, leading to stiff ...

Fashion has an inventory management problem, and it’s only intensified in recent years. Solving these challenges has proven elusive, leaving the industry with billions in unsold stock annually and ...

Retailers like Target and Walmart use AI to prevent stockouts and manage inventory. AI systems can predict demand to help improve inventory accuracy and availability. This article is part of "How AI ...