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Planning Smartness: AI in Retail Scenario Planning

Publisher IDC
Published Mar 14, 2024
Length 15 Pages
SKU # IDC18629851

Description

Planning Smartness: AI in Retail Scenario Planning


This IDC Perspective discusses the importance and benefits of "what-if" scenario planning in retail with the integration of artificial intelligence (AI)."The value of scenario planning challenges existing models and the status quo. In retail, AI allows decision-makers to speed up the process, simulate real-time conditions, and anticipate the future opportunities and conditions to brace for," says Ananda Chakravarty, VP research, IDC Retail Insights.

Please Note: Extended description available upon request.

Table of Contents

15 Pages
Executive Snapshot
Situation Overview
The Value of Retail Scenario Planning
AI Adds to Retail Scenario Planning
Smart Retail Scenario Planning Requires Data
Scenario Planning Is Extended Through Experience–Orchestrated Business Practices
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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