Machine Learning

Assortment Planning and Optimization with Reinforcement Learning

/ By / 42 minutes of reading

Executive Summary Retailers face complex decisions in assortment planning – determining the optimal mix of products to stock across stores and channels. Traditional methods struggle to account for changing customer preferences, demand uncertainty, and the myriad factors influencing product performance. Reinforcement Learning (RL) offers a data-driven, dynamic approach to optimize assortments in real time. By […]

Assortment Planning and Optimization with Reinforcement Learning Read More »

Assortment Planning and Optimization with AI

/ By / 19 minutes of reading

Executive Summary In the rapidly evolving retail landscape, effective assortment planning and optimization are crucial for retailers to meet customer demands, maximize profitability, and maintain a competitive edge. This article presents a comprehensive exploration of an advanced assortment allocation system designed to address the complexities of modern retail. By integrating sophisticated machine learning techniques, modeling

Assortment Planning and Optimization with AI Read More »

A Guide to Statistical Experimentation and Testing in Soccer (real football) Analytics

/ By / 9 minutes of reading

Introduction Welcome to the comprehensive guide designed for data scientists eager to master statistical testing and experimentation, specifically applied to soccer, real football 🙂 analytics. This article will guide you through a variety of statistical concepts and techniques, from basic hypothesis testing to complex multivariate analyses. By using real-world soccer data, we’ll explore how statistical

A Guide to Statistical Experimentation and Testing in Soccer (real football) Analytics Read More »

Leveraging LLMs in Data Science Lifecycle for Demand Forecasting

/ By / 49 minutes of reading

Introduction In the bustling marketplace of modern commerce, navigating the complex currents of demand and supply is akin to a sailor maneuvering through tempestuous seas. The ability to foresee the ebbs and flows of market demand is a lighthouse that guides enterprises safely towards the shores of profitability. However, the lens through which this lighthouse

Leveraging LLMs in Data Science Lifecycle for Demand Forecasting Read More »

A Hypothetical Revenue Management System for Retail & Supply Chain Management

/ By / 8 minutes of reading

Theory Revenue management is the practice of optimizing pricing and inventory in order to maximize profits. In the retail and supply chain industry, effective revenue management can be the difference between success and failure. In this blog post, we will discuss a hypothetical revenue management system that can be used to optimize pricing and inventory

A Hypothetical Revenue Management System for Retail & Supply Chain Management Read More »

Scroll to Top