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Promotion planning in general merchandise retail – Process challenges 6 Aug 2013 | 02:53 pm
In our previous post, we covered data challenges in promotion forecasts. In this post, we cover process challenges: When are forecasts produced? How they are used? Etc. Indeed, while getting accurate ...
Promotion planning in general merchandise retail – Data Challenges 5 Aug 2013 | 04:11 pm
Forecasting is almost always a difficult exercise, but there is one area in general merchandise retail considered as one order of magnitude more complicated than the rest: promotion planning. At Lokad...
Phasing out SQL from Salescast 4 Jul 2013 | 12:03 am
Over the last couple of months, Salescast has been made much simpler by supporting data import from flat text files. This option has been improved and simplified further through the introduction of Bi...
Prevent dead inventory through “double” quantile forecasts 24 Jun 2013 | 10:01 pm
The stock associated to each SKU is an anticipation of the future. From a more technical viewpoint, the reorder point of the SKU can be seen as a quantile forecast. The quantile indicates the smallest...
Magento extension for Salescast released 7 Jun 2013 | 09:00 pm
The Salescast Connector on Magento Connect Optimizing inventory is not just for brick & mortar commerce, it's a cornerstone of online commerce as well. As a matter of fact, we have been receiving ma...
Optimizing inventory with kits or bundles 6 May 2013 | 11:00 am
Merchants are frequently selling kits (or bundles), where several items are sold together, while the possibility remains to buy the items separately. The existence of kits further complicates inventor...
Hiring a Big Data developer 22 Apr 2013 | 01:15 pm
Many software companies advertise themselves as Big Data companies, but few have access to datasets as rich and exploitable as the ones that Lokad is processing on a daily basis. We are hiring a Big D...
Hiring a Web Marketing Expert 6 Apr 2013 | 03:15 pm
The business of Lokad is booming, and we are now looking for a Web Marketing Expert. We want to keep developing our inbound marketing strategy, and this person will be reporting directly to the main s...
Quantum Forecaster unlocked 1 Apr 2013 | 03:01 am
The Lokad facility where the first quantum forecaster prototype is hosted.Delivering more accurate forecasts has been the mission of Lokad since the very beginning. Today, after years of R&D efforts, ...
Upload TSV files from the web 27 Mar 2013 | 02:18 pm
A few days ago, we were announcing a file hosting service now properly named BigFiles. Today, we have just released a web interface that let you upload and download your files directly from the web. ...
