Browsing Tag

retailer

Artificial Intelligence In The Apparel Industry

When compared to 2016, there has been a 300% percent growth in investments in Artificial Intelligence capabilities development in 2017 globally, as predicted by Forrester Research. An IDC research has predicted that the AI market will become worth more than $47 billion in 2020 growing from an $8 billion market in 2016. We have seen science fictions…
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Drop Shipping

Retailers offering their customer a full catalogue or e-commerce platforms, both invoke the need of a system where the retailer does not have to physically store the complete range of products being offered in brick and mortar setups, but still satisfies customer demands within a stipulated time frame. This is where drop shipping comes into the…
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The Bullwhip Effect

Do you face growing level of inventory, especially when you move upwards in the supply chain? Is your supply chain characterized by problems like lack of communication, disorganization, delay in order decisions and demand and supply gaps? You might be facing the dreaded bullwhip effect. CONCEPT: This irregularity or variance in the size of the…
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