Demand Forecasting and Inventory Optimization for retail

Jesta I. S., a pioneer in the development of end-to-end enterprise ERP suites for retailers, wholesalers and brand manufacturers, is implementing an intelligent Demand Forecasting and Inventory Optimization system that automates and optimizes preseason planning and in-season replenishment for retailers. The objective is to leverage the available data in the decision-making processes and drive the inventory optimization processes, in turn, increasing revenue and reducing costs. The solution will be using Machine Learning and Operations Research techniques to predict demand for online and in-store merchandise for Jesta’s clients.