GenAI at Retail: New Technology Upgrades for Inventory and Demand Forecasting

Generative artificial intelligence (GenAI) is revolutionizing retail, providing innovative solutions to real-world challenges like inventory management. In this report, PYMNTS Intelligence examines critical business problems faced by retailers — such as stock shortages, overproduction and shifting consumer demand. It illustrates how GenAI is addressing these matters with insight and precision. By fine-tuning demand forecasting, streamlining […]