Results for "Retail"
Dynamic Pricing Engines in Retail

Dynamic Pricing Engines in Retail

Dynamic Pricing Engines in Retail In previous posts, we've covered decision management for pricing engines and rating engines in insurance. In this post, we're going to take a closer look at dynamic pricing engines — a high-impact application of decision management in...

Decisioning Agents: Guide to AI-Powered Decision-Making

Decisioning Agents: Guide to AI-Powered Decision-Making

In our previous post, we discussed AI agents and how agentic AI differs from generative AI. In this post, we'll delve into decisioning agents, a specific type of AI agent. What are Decisioning Agents? Decisioning agents are specialized AI agents designed to analyze...

What is Automated Decision-Making (ADM)?

What is Automated Decision-Making (ADM)?

This post was updated in March 2026. What is ADM (Automated Decision-Making)? Automated decision-making (ADM) is the process of making decisions without human intervention. Automated decision-making systems often combine data, algorithms, and machines to generate...

Decision Tables in Automated Decisions

Decision Tables in Automated Decisions

What is a Decision Table? Decision tables are tables that graphically represents which decisions or actions to take under different conditions. Each column or row represents a different combination of conditions and what decision or action to take. The conditions are...

Rule Engine Design Pattern and Applications

Rule Engine Design Pattern and Applications

What is a Rule Engine Design Pattern? A Rule(s) Engine Design Pattern or Rule-Based Design Pattern is a software architectural approach that dictates behavior of a system through predefined business rules or conditions. On a high-level, a rule engine design pattern...

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