With NRF 2023 concluding this past Wednesday, the retail industry is buzzing from exciting discussions, informative keynotes, and the numerous displays of the latest innovations and solutions for retailers around…
Inventory management is crucial in the supply chain. It facilitates inventory tracking of the company’s stock mix (raw material and finished goods) while ordering, storing, using, and selling it. Poor…
What is market basket analysis Market basket analysis or product recommendation is where you take inventory and point-of-sale data to predict which combinations of products will sell the best. With…
Challenges A grocery chain struggled with high labor costs to maintain a good customer experience with its digital grocery ordering service. They faced issues handling resources and scheduling and preparing…
In October 2019, Neal Analytics was asked to participate in a special project in partnership with Microsoft and Intel. We were to build the retail store of the future made…