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Impact Analytics has announced a partnership with the Fashion Institute of Technology to incorporate its AI-driven inventory management solution, InventorySmart, into the curriculum. This initiative aims to provide students with hands-on experience using advanced tools that optimize planning and inventory in the fashion sector. The integration is designed to equip students with the skills necessary for data-driven decision-making in retail.
The collaboration emphasizes the importance of technology in education, preparing students for the evolving fashion industry. By utilizing InventorySmart, students will gain insights into demand planning and inventory management, which are crucial for balancing supply and demand. This partnership not only benefits students but also fosters future loyalty to the technology among emerging professionals.
• Impact Analytics integrates AI tools into fashion education for practical learning.
• Students gain real-world experience with AI-driven inventory management solutions.
This term refers to the use of artificial intelligence to optimize inventory levels and forecasting in retail.
Demand planning involves predicting future customer demand to ensure that products are available when needed.
AI forecasting uses algorithms to analyze data and predict future trends in inventory needs.
Impact Analytics provides AI-native solutions for planning, merchandising, and inventory management in retail.
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