Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Launching a new product in today’s market isn’t just risky; it’s like setting sail into ...

Many retail myths around product launches still persist—from overstocking safety stock to over-relying on historical data.

To get (and keep) accurate demand forecasting back on track, companies need to completely rethink the status quo. The Fast Company Executive Board is a private, fee-based network of influential ...

MONTERREY, Mexico--(BUSINESS WIRE)--OXXO, the largest convenience store chain in the Americas, has selected RELEX Solutions, provider of unified supply chain and retail planning solutions, to increase ...

Automating through machine learning (ML) allowed Amazon.com to predict future demand for millions of products globally in seconds. Leaders at the multinational tech giant successfully reinvented their ...

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 ...