Selling ‘Scary’ Before ‘Merry’

Interstore inventory balancing using predictive analytics is an increasingly popular way for retailers to get ahead of the imbalance. According to a Gartner report, 70 percent of the most profitable businesses will manage their processes using real-time predictive technology by 2016.

Incorporating all costs associated with the transfer, from logistics to store capacity, demographic diversity to the sizes and colors most likely to sell at a specific location, retail predictive analytics solutions anticipate the necessary transport of an item before the transfer becomes tedious or overwhelmingly expensive.