Which data analytics approach revolutionized inventory management for major sports retailers like Nike and Under Armour during peak seasons?

The sports retail industry has undergone a massive digital transformation in recent years. Modern sports retailers use sophisticated data analytics to track everything from inventory levels to customer preferences. This poll tests your knowledge about how top sports retailers leverage data analytics to optimize their operations and enhance customer experience. Think you know how the business side of sports retail works?

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Predictive demand modeling using previous years' sales combined with social media trend analysis
Random forest algorithms that primarily analyze competitor pricing strategies
Exclusively using historical sales data from the previous 3 months
Manual forecasting by store managers based on local sports team performance