AI-driven pricing and stock replenishment decisions
Abstract
AI integration in pricing and replenishment is increasingly recognized as a source of competitiveness and efficiency in retail. This study examines how demographic factors influence awareness of AI-based price optimization. Data from 100 respondents, collected via a structured questionnaire, was analyzed using multiple linear regression to evaluate the effects of gender, age, occupation, education, and professional experience on awareness scores. While the overall regression model was not strongly explanatory, certain predictors—occupation (students), education level (undergraduates), and age group (above 45 years)—showed significant effects. These findings align with existing literature that emphasizes the importance of education and work experience in technology adoption. The results highlight the need for targeted training and awareness initiatives to address demographic gaps in AI readiness. For retail managers, the study provides practical insights into workforce preparedness for AI deployment in pricing and inventory decisions, contributing to both academic understanding and managerial practice.
Fields of Study & Subjects
Supply Chain and Inventory Management
Impact of AI and Big Data on Business and Society
Consumer Market Behavior and Pricing
Publication details
- Journal / source
- Routledge eBooks
- Pages
- 670–677
- Publication date
- 10 March 2026
- Language
- EN
- Document type
- Book chapter