The Power of AI | KIVALUE | Demand Forecasting in Fashion Retail Planning

The Power of AI | KIVALUE | Demand Forecasting in Fashion Retail Planning
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The Power of AI | KIVALUE | Demand Forecasting in Fashion Retail Planning
The Power of AI: Demand Forecasting in Fashion Retail Planning
Staying ahead of trends and consumer preferences is the key to success in fashion retail planning.
AI isn't about replacing human intuition but augmenting it.
It involves technologies that empower machines to simulate human intelligence.
AI excels in processing vast amounts of data at high speeds, allowing retailers to analyse historical trends, customer behaviours, and market dynamics.
AI takes a variety of factors into account: trends in social media, weather patterns, and economic indicators, providing a more holistic view of demand drivers.
AI empowers fashion retailers to create a personalised shopping experience for customers by analysing individual customer preferences and purchase history.
AI enables retailers to implement dynamic pricing models that adjust in real-time based on various competitor pricing, inventory levels, and customer demand.
AI's ability to identify emerging trends and predict consumer behaviour empowers retailers to curate collections that not only meet customer expectations but also set them apart from competitors.
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The Power of AI | KIVALUE | Demand Forecasting in Fashion Retail Planning
00:13 AI in Demand Forecasting
00:27 Data-Driven Solutions
00:35 Demand Forecasting
00:58 Assortment Planning and Merchandise Optimisation
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The Power of AI | KIVALUE | Demand Forecasting in Fashion Retail Planning
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