Four Forecasting Methods You Have to Know: Moving Averages
Use moving averages as a quick way to obtain a forecast.
Read MoreMonth: May 2018
A Guide to Average Value Per Transaction (AVT)
A primary Key Performance Indicator (KPI) that measures demand elasticity for changes in season, pricing strategies, and merchandising strategies.
Read MoreAffinity Analysis: How To Supersize Your Customer’s Cart
A quick retail analytic to improve the probability of selling more product per sales transaction.
Read MoreInventory Management: How to Double Your Turnover
Interestingly enough, small changes in the timing of your receipts can have a tremendous impact on your inventory turnover.
Read MoreFour Forecasting Methods You Have to Know: Overview
This Retailitix post is a four part series that steps through basic forecasting methods, moving averages and exponential smoothing, and leads to one of the most popular seasonal forecasting methods used today, variable response smoothing, or VRS.
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