Altexsoft

OCTOBER 13, 2023

Backorder rate The backorder rate is the percentage of orders delayed due to items on backorder. It may happen due to supply chain disruptions, inefficient inventory management, or poor demand forecasting. Regularly reviewing inventory and identifying dead stock can help you minimize carrying costs and free up space.

KPI 52

KPI Weak Development Team Software Review Metrics 52

Openxcell

APRIL 14, 2020

Myntra and bewakoof.com as a cost-effective apparel business organize fashion quizzes and spinning games that lead to customers’ preferences and offers to satisfy their needs. Myntra as one of the known apparel businesses, serves best from an eCommerce site and growing away fast by attracting customers over social media.

eCommerce 64

eCommerce Mobile How To Apparel 64

Zensar

FEBRUARY 13, 2020

Besides chipping away at your pocket, returned goods are also impacting the environment adversely due to a shortage of space and resources to handle it. However, they also agree that while returns are integral to driving sales, they also lead to significant losses, primarily due to the high costs of reverse logistics management.

Technical Review 40

Technical Review Retail Software Review Blockchain 40

Altexsoft

APRIL 24, 2019

Such a pricing strategy can lead to bad reviews, complaints, or worse. One case for customer alienation is that when users put an item in the basket without purchasing the item and after a day or so, they’ll get a discount code for the abandoned cart item,” explains Kocak. Such cases generally gain a lot of publicity.

Machine Learning 73

Machine Learning Artificial Inteligence Software Review Retail 73

Altexsoft

JUNE 6, 2019

A visitor, with an opened Amazon Go app, scans a QR code on a turnstile to enter a store (like at an airport to get on board) and picks up what they need. However, the cashierless store concept has been under pressure in the US due to a backlash against cashless systems. The company considers opening 3000 convenience stores by 2021.

Artificial Inteligence 89

Artificial Inteligence Artificial Intelligence Retail Innovation 89

Altexsoft

NOVEMBER 11, 2019

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. The only difference if compared with the previous century is that all calculations are performed automatically, by modern software.

Machine Learning 14

Machine Learning Artificial Inteligence Analytics Technical Review 14

Altexsoft

NOVEMBER 11, 2019

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. The only difference if compared with the previous century is that all calculations are performed automatically, by modern software.

Machine Learning 8

Machine Learning Artificial Inteligence Analytics Technical Review 8