Big Data
Sep 06, 2023
Professor Kevin Shang has developed a machine-learning solution to allow grocers to stock optimal amounts of perishable food in their supply chains
Consider the unassuming Chinese cabbage. Low in calories yet rich in nutrients, it’s a staple on dinner tables around China, but when Chinese grocery stores stock too much of it as well as other highly perishable fruits and vegetables, already razor-thin profit margins take a hit.
Thanks to a new data-driven replenishment and... read more