In a retail context, intelligent decisioning can help companies gain a 360-degree view of their operations, providing real-time insight into both customer-facing and back-office processes. Through the use of advanced analytics combined with sophisticated forecasts, an intelligent decisioning approach enables end-to-end operational optimization. This can help to maximize revenues and lift profitability while reducing waste and avoiding unsold inventory.
As a result, intelligent decisioning can combine with other types of analytics such as forecasting to help different roles within the organization make smarter decisions in their day-to-day work.
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