Supermarket retailers in North America and around the world are showing increasing interest in using sophisticated forecasting software fueled by point-of-sale (POS) data, rather than seat-of-the-pants intuition, to stock their stores. This process, generally known as computer-assisted ordering (CAO), replenishes store shelves in a relatively precise way based on consumer demand and specific occurrences (bad weather, traffic construction, a big promotion) at individual stores. It replaces ...
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