Macy's rolls out AI inventory replenishment tool
· Source: retaildive.com
In short
Macy's Inc. is expanding an artificial intelligence forecast overlay capability in its replenishment operations from pilot to broader rollout, according to a Sept. 10 earnings call. The move is part of the retailer's supply chain transformation plan, which targets improved in-stock levels, inventory efficiencies and $235 million in savings by 2026.
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Tags: inventory, replenishment, forecasting, retail, supply chain