Planning is critical to retail operations. Good planning can lead to tremendous success, as well as risk avoidance. However, effective retail planning has become complicated due to market challenges, data proliferation, misguided retail objectives, and orchestration technology challenges.
The IDC InfoBrief provides the latest insights on Intelligent Retail Planning, which helps retailers overcome these challenges and achieve better business outcomes. These techniques use a decision-making framework that leverages data, AI, decisions, and outcomes.
The highest-impact use cases for intelligent retail require planning transformation. Such transformation can only occur through effective orchestration that enables retailers to plan with agility and flexibility and through unified planning, where all aspects of planning synchronize with reality.
Some of the benefits the IDC report explores include:
- Better business outcomes: Achieve better business outcomes by making better decisions, reducing risk, and increasing agility and flexibility.
- Reduced risk: A more accurate and complete view of the market helps to identify and mitigate risks before they occur.
- Increased agility and flexibility: Enable faster responses to changes in the market and stay ahead of the competition to seize new opportunities.
- Improved decision-making: Real-time data and insights help to produce better decisions that are more likely to lead to success.
- Reduced costs: Streamline planning processes and eliminate waste to free up resources that can be reinvested in other areas of the business.
Download the IDC InfoBrief today and learn how to achieve retail planning excellence and drive better business outcomes.