Thanksgiving spending is expected to rise by 1.8% year-over-year, followed by a projected 2.8% bump for Black Friday, and then a 3% increase in Christmas sales.

Understanding what makes an AI agent truly agentic, and integrating these models into their operations will be essential for retailers aiming to stay competitive and agile.

AI agents are intelligent systems that not only can interact with humans using natural language, but can also incorporate vast amounts of data and knowledge to make autonomous decisions. 

To gain deeper insights into inventory management within this crucial sector, Netstock recently conducted a comprehensive inventory benchmark study focused on SMBs. The report based on the study’s findings highlights five emerging trends that emphasize the urgent need for SMBs to develop more robust inventory management strategies.

Artificial intelligence is offering new and better ways of making supply chains more sustainable, by improving efficiency, enhancing decision-making, and increasing transparency in operations.

The National Retail Federation projects $979-989 billion worth of retail sales in the U.S. during the November-December holiday season in 2024.

Supply chain leaders are increasingly turning to artificial intelligence to revolutionize their demand-forecasting and inventory-management strategies.

Stellantis said the decision was needed to manage output levels to better align with sales as it works to cull a stockpile of unsold vehicles.

In 2020, Myers Industries began looking for a way to integrate its planning function across six business groups serving multiple markets and product types. 

Distribution and warehouse professionals face another challenging period, with consumer behaviors changing faster than ever before.