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Retailers: Increase Your Sales With Markdown Optimization

Dataiku

So, before we jump into markdown optimization and why it’s important for retailers, let’s discuss traveling (bear with us, we have a point). If your friend wants to visit Thailand for 10 days, she would probably be faced with some difficulty figuring out where exactly to stay, as evidenced by the myriad of options below.

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Where ML Research Meets Data Science Practice: Learning With Small Data

Dataiku

In this blog series, we’re going to break up their main topics (data drift and anomaly detection, learning with small data, retail markdown optimization, and uplift modeling and causal inference) so they’re digestible and accessible as you aim to shift from theory to practice with your ML initiatives in 2022 and beyond.

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Where ML Research Meets Data Science Practice: Markdown Optimization & Uplift Modeling

Dataiku

We have already tackled model changes, data, drift, and anomaly detection as well as learning with small data , so up next is a summary of retail markdown optimization and uplift modeling.

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Delivering on promise and purpose in the retail supply chain

IBM Big Data Hub

Today’s consumers want to know that retailers and brands are aligned with their values. So, while retailers can—and must—use technology as their differentiator, to win the lion’s share of consumer hearts, retail leaders must deliver on promises and purpose. Checking all these boxes is no small feat.

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6 ecommerce trends to watch

IBM Big Data Hub

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In what McKinsey refers to as “the e-commerce catch-22,” many retailers with significant growth in ecommerce sales through 2020 and 2021 saw their margins decline.

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Covid-19 Accelerates The Need for Retail, Manufacturing Supply Chains To Adapt

Cloudera

The ongoing disruption to critical supply chains in both the manufacturing and retail space has seen businesses having to respond quickly, turning to data, analytics, and new technologies to better predict and manage ‘real-time’ business disruptions. . Brent Biddulph: . Data and analytics.