1. Mars and Walmart use AI to predict Halloween demand before shoppers arrive

Mars and Walmart use AI to predict Halloween demand before shoppers arrive

World

  • Retail giant Walmart and manufacturer Mars deployed artificial intelligence to forecast customer demand accurately.
  • In the US, Halloween creates high demand for products like candies, costumes, decorations and party supplies.
  • The advanced predictive technology optimises supply chain logistics, inventory management, and store planning.
  • Smarter forecasting helps prevent stock shortages while accelerating retail operations during peak shopping seasons.

Source: tradersunion.com

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