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Analytics

How AI is Changing Retail

2023-09-16
| No Comments
| Analytics, Artificial Intelligence, Technology
AI is changing retail

How AI is Transforming the Retail Landscape: Inventory Management: Description: AI assists in creating better demand forecasting. By analyzing marketplace, consumer, and competitor data, AI tools can predict industry shifts and inform marketing, merchandising, and business strategies. Impact: Enhanced supply chain planning, as well…

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Artificial Intelligence in Visual Merchandising

2023-09-15
| No Comments
| Analytics, Artificial Intelligence, Visual Merchandising
AI in VM

AI-Powered Visual Merchandising: A New Era in Retail AI can revolutionize the field of visual merchandising in retail in several ways. Here are some of the potential applications: Customer Behavior Analysis: AI can analyze in-store video footage to understand customer behavior, track their movements,…

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Mastering Inventory Management with AI

2023-09-14
| No Comments
| Analytics, Artificial Intelligence, Merchandising, Technology
AI in RetailInventoryManagement

Unlocking Efficiency and Profitability Effective inventory management is critical for any business that sells physical products. It can be a complex and time-consuming task, with a multitude of factors to consider, including demand forecasting, stock levels, and supply chain management. Fortunately, AI can help…

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Revolutionizing Promotions Management

2023-09-14
| No Comments
| Analytics, Artificial Intelligence, Retail Marketing
AI in retail promotions management

Harnessing the Power of AI Promotions are a key component of any successful marketing strategy, but they can also be time-consuming and challenging to manage effectively. In this course, we’ll explore how AI can be used to streamline the promotions management process and deliver…

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Category Management and Industry 4.0: A Paradigm Shift in Retail

2023-06-17
| No Comments
| Analytics, Artificial Intelligence, Technology
IR4 and Category Management

Industry 4.0 (IR4), a term coined to describe the fourth industrial revolution, is characterized by the integration of digital technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data analytics into traditional industries. This transformation is significantly impacting various sectors,…

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The Interplay Between Category Management and Big Data

2023-06-17
| No Comments
| Analytics, Artificial Intelligence, Merchandising, Technology
Ai, IoT and Big data interplay with Category Management

Introduction In the modern business landscape, the ability to make data-driven decisions is paramount. One area where this is particularly evident is in category management, a retailing and purchasing concept where the range of products purchased by a business or sold by a retailer…

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Retail Comes Alive with Big Data

2022-02-03
| No Comments
| Analytics, Retail Marketing, Retail Math
Retail Big Data

More information and insights in Retail Math & Analytics Workshop Online – Check it Out!   What is Big Data? Big Data refers to data sets so large and complex that they must be processed in innovative and strategic ways. It breaks down into…

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Successful Manager Manages Time Well

2021-09-01
| No Comments
| Analytics, Management
Successful Manager Manages Time Well

The Highly Successful Retail Manager (HSRM) makes a point of taking complete control over the time allotted to complete his work. He sees time as the precious resource or commodity that it is. He has firm goals that are well defined and he has…

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Know How to Interpret Your KPIs

2021-02-26
| No Comments
| Analytics, Retail Math
How to Interpret KPIs

Know how to interpret your Retail KPI’s? When thinking about retail management training, one subject comes to mind as being the one so many retail management people steer clear of. That’s retail math. Retail math is really not anywhere near as complicated as many…

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Retail Math – Managing by Numbers

2020-12-29
| No Comments
| Analytics, Retail Math
Managing by Numbers

Retail Math – Managing by Numbers The first time a Retail Manager realizes that their company, district or store, and their performance in managing that, is being judged by the numbers they quickly understand that there is more to managing retail than getting all…

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Retail Math Workshop Online

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Retail Success Solution

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Recent Posts

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  • How AI is Changing Retail
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  • Mastering Inventory Management with AI
  • Revolutionizing Promotions Management
  • Importance of Signage in Visual Merchandising
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Retail Product Management

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DMSRetail provides consulting, training, tools and know-how on various topics of retail management including retail technology, operations and merchandising. Most of the products and services we offer can be found on this website, but to take a quick look at complete list of products and services you can go to Retail Business Academy page.

Recent Posts
  • Visual Merchandising Fundamentals
  • Maximize Visibility and Interest by the Customers
  • How AI is Changing Retail
  • Artificial Intelligence in Visual Merchandising
  • Mastering Inventory Management with AI
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About DMSRetail

DMSRetail is in the business of Making Retailers Successful through an enhanced set of capabilities. Through meticulously designed products and services, DMSRetail makes a positive impact on the operations of retailers spanning diverse product lines and various formats. [MORE]

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