INDUSTRY TALK WEBINAR

Machine Learning in Retail Demand Forecasting

Duration: 45 min + Q&A

To ensure smooth operations and high margins, large retailers must stay on top of tens of millions of goods flows every day. At the center of this storm of planning activity stands the demand forecast. Generating an accurate forecast is actually quite simple under stable conditions, but in the inherently dynamic retail business hundreds of factors impact demand on a continuous basis.

Machine learning makes it possible to consider the impact of these factors at a detailed level, by individual store or fulfillment channel. In this webinar, our data scientists and retail planning experts will explain what machine learning is, what kind of challenges it solves, and why so many retailers today are transitioning toward machine learning-based demand forecasting.

Henrik Aalto
Data Scientist
Speaker

Henrik Aalto is a Data Scientist at RELEX Solutions. He focuses on bridging the gap between data and people by collaborating on the development of state-of-the-art machine learning in terms of both computational and operative aspects. His experience in implementation projects, dynamic pricing, and marketing mix modelling provide him invaluable insights when building our best-in-class AI and demand forecasting solutions.

Josh Mann
Project Owner
Speaker

Josh Mann is a Project Owner at RELEX who leads and assists with our largest customers in North America. He comes from a retail background, having worked in various Supply Chain roles at Marks & Spencer in the UK, and is focused on helping retailers add measurable value through the application of a pragmatic approach to AI.

Rachel Dutton
Solution Expert
Moderator

Rachel Dutton is a solution expert at RELEX. During her two years with the company, she has worked closely with some of our largest Tier 1 retail customers in the US. She focuses on helping retailers across a wide range of industries improve their business outcomes through supply chain and markdown optimization.

About RELEX

RELEX Solutions helps retailers and consumer brands drive profitable growth across all sales and distribution channels by maximizing customer satisfaction and minimizing operative costs. Our market-leading, unified supply chain and retail planning platform helps retailers and consumer goods companies align and optimize demand, merchandise, supply chain, and operations planning across the end-to-end value chain. We drive record-high product availability, increased sales and margin, improved sustainability, and the best return on investment in inventory, space, workforce, and capacity. Leading brands like Autozone, Stokke, Tractor Supply Company, Rite Aid, Sprouts Farmers Market, Vitamin Shoppe, and Family Farm & Home trust RELEX to optimize their supply chain and retail planning.

Watch the webinar

Machine Learning in Retail Demand Forecasting

Your Webinar Speakers

About RELEX