What Are Segmentation Algorithms ?
IV. What is key points in Product / SKU segmentation for business ?
How Do Business Use Product / SKU Segmentation ?
– Inventory Management
– Forecasting Ideal Stock Level
– Pricing Strategy
– Advertising and Marketing
You can manage your processes in the most effective way by making a correct product segmentation.
What is Product / SKU Segmentation ?
Our “Modernization of Data Infrastructures and Analytical Applications” Project, which we started with Eren Retail, was crowned as a Success Story by Microsoft.
Product Segmentation is the process of the parsing products into separate groups relationally with robust analytics and machine learning algorithms. In the retail and inventory industry, product segmentation is oftenly used to manage planning, pricing, promotions and discounts on products.
Litigation Classification uses advanced machine learning algorithms to predict, if an insured person, who had an accident, is going to open a law suit against the insurance company with the claim that insurer didn’t fulfill their responsibility to the insured.