Retailers are in great need of accurate demand forecast to make educated decisions on stock allocation, pricing and purchases, especially now that many retailers face a shorter spring and summer season due to the COVID-19 pandemic. Implementing a forecasting tool, or building a team of data scientists to get the job done is time consuming and requires heavy investment.
Subscribing to a demand forecasting service on the other hand is quick, easy and less expensive than engaging in a lenghty and capex intensive solution implementation project. Instead, Quickborn’s team of retail data experts are leveraged to initiate a service that requires only an initial exchange of historical data followed by an ongoing update on demand forecasted by the experts shared with the retailer teams for decision support. Instead of heavy investment in a lenghty project, there is a simple subscription fee to pay, based on the portion of the enterprise being forecasted.
Read more about our demand forecasting service.