Research Recap

Optimizing Retail: Beyond Location To Assortment and Customer Preferences

Key Takeway

Retailers face the constant challenge of aligning locations, product assortments and consumer preferences. A modeling framework called the dual Poisson Dynamic System with Multilayer Factorization (dPDS-MF) can cluster data at two different levels simultaneously and quantify the relationships between them, yielding better results than current optimization methods.

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