-
Backcasting: Building an Accurate Forecasting Model for Your Business
Competera’s data science team shares their experience on how to build a precise predictive model for a business with extreme seasonality and start capitalizing on it.
January 14, 2021 5 min read -
Safety Stock: Retailer's Shortcut to Sustainable Forecasting
Safety stock is a key category when it comes to retail forecasts, distribution, and service level. Discover fundamental models underlying long-term predictions in retail and find why pricing software is inevitable.
May 05, 2020 7 min read -
Price Elasticity of Demand to Win in 2020: All You Should Know
The category of price elasticity is crucial while developing a comprehensive pricing strategy in retail. Learn everything you should know on the price elasticity of demand to set optimal prices, win the customers loyalty, and reach business goals.
March 19, 2020 10 min read -
The Ugly Truth of Price Wars in the Beauty & Health Sector
Price wars could devastate retailer's financial health in just a few months. Learn the lessons of price wars in beauty and health to make sure your business is out of the risks.
February 06, 2019 10 min read