April 29, 2022
Berna Bulbul | Product Manager First the pandemic and then the inflation made it very difficult to determine customer demand. Focusing on spending their narrowed budget in the most efficient way, the priority of consumers is to find the freshest product at the best price. This situation confronted retailers with problems such as shelf life, stock-out, overstocking cost, and risk of waste in fresh products. In order to reduce the negative reflections of these problems, retailers should answer, "How much product should I order on which order day?" question accurately. At this point, it is only possible to reach the most effective...