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This use case demonstrates the local adjustments for inventory plans for a particular store compared to the central corporate system forecasts. Doing the what-if analysis helps retailers track and adjust stocks against the demand curve as well as plan seasonal challenges ahead. The maximum acceptable difference between demand volume and the corporate system’s forecast can be set during the analysis.
Use case 3 simulates in-store sales and replenishment process with regard to adjusting the inventory and store assortment. It provides:
The tool uses simulated data along with an NBeats model trained on it to: