Question: Is there a technology that can help me analyze retail data and IoT insights to address overstocking and adapt to market trends?

One option is Technologies for Positive Commerce by VusionGroup, which transforms physical stores into hybrid, data-driven models. This solution offers real-time visibility for cost control and inventory management, smart store operations, and market trend insights through retail analytics and IoT data. It aims to improve store efficiency, increase inventory turnover, and enhance the shopper experience.

Another great choice is RELEX, a unified supply chain and retail planning platform that uses machine learning to make data-driven decisions. It helps manage and optimize inventory, production, and supply chain operations, offering real-time visibility and collaboration across all levels. RELEX can improve forecasting and inventory management, helping companies respond to market fluctuations and disruptions.

For AI-powered demand forecasting and omnichannel inventory optimization, consider Antuit. It uses advanced AI to forecast demand, optimize inventory across multiple channels, and execute inventory decisions. Antuit's capabilities include direct-store-delivery predictive ordering and omnichannel allocation, helping businesses reduce stock-outs and increase revenue.