In summer 2020, we launched our strategic partnership with Microsoft, announcing our plan to work together to help our customers. With world-class data and analytics, we are helping them solve their most critical business challenges using SAS® Viya® on Microsoft Azure. In just three short years, we’ve made tremendous strides toward our
Tag: retail
The landscape of supply chains has changed rapidly due to unforeseen disruptions. These changes include supply chain bottlenecks, inflation and geopolitical activities across retail and consumer goods industries. Retail supply chains are under immense pressure to keep up with these rapid changes. Innovators have been quick to take advantage of
The social and economic impact of COVID-19 has dramatically affected supply chains and demand planning across all industries. Then there’s the Amazon effect, which has led to sky-high consumer expectations of the ordering and delivery process. Demand planners for retailers and consumer goods companies have quickly realized they have no
Rapid demand response forecasting techniques are forecasting processes that can incorporate key information quickly enough to act upon in real time by agile supply chains. Retailers and consumer goods suppliers are urgently trying to determine how changes in consumer behavior will affect their regions, channels, categories, brands and products during
[Jessica Curtis and Adam Hillman, both Forecasting Advisors at SAS, were co-authors of this post] The world has been dramatically impacted by the recent COVID-19 pandemic. Many of us are juggling a completely new lifestyle that was forced upon us overnight. As consumers find their way to a new normal,
When it comes to forecasting new product launches, executives say that it's a frustrating, almost futile, effort. The reason? Minimal data, limited analytic capabilities and a general uncertainty surrounding a new product launch. Not to mention the ever-changing marketplace. Nevertheless, companies cannot disregard the need for a new product forecast
This Is the third and final installment of a series of posts discussing promising use cases in retail and the benefits of adopting IoT technologies in 2019. What will be the ground-breaking new application of IoT and analytics that drives an epiphany and spurs widespread adoption? In previous posts, I discussed
Just last week, Walmart announced that they'll be testing inventory management robots. These robots will cruise store aisles, scanning shelves to identify out-of-stock products and other issues. According Reuters, Walmart is testing these camera-equipped robots in a handful of stores, but plans to expand the test to 50 stores. We
There's been a lot of talk in the media lately about the death of retail. Every week, it seems like another retailer announces the closing of stores, acquisitions or even going out of business. Many relate it to the growing competitive landscape with the convenience of online shopping and lure
Omnichannel Analytics are helping companies uncover patterns in big data to improve the customer experience. Using those insights, companies can anticipate what consumers are planning to purchase and influence that purchase in real time. Companies are experiencing unprecedented complexity as they look for growth and market opportunities. Their product portfolios are