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Four Ways of Using Cluster Analysis in Retail Management to Improve Sales

Logistics Viewpoints

For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.

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This Week in Logistics News (May 18 – 24)

Logistics Viewpoints

And now on to this week’s logistics news. The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. I highly recommend watching the movie when you get a chance. That’s all for this week.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Who’s Who in Logistics Department: A Comprehensive Guide to Key Roles

SCMDOJO

The logistics department is the unsung hero of the modern world, ensuring products reach their destination promptly and securely. In this article, we will provide an insightful breakdown of the logistics department and the various professionals that make up this crucial team. Intrigued by the logistics department?

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7 Ways AI Can Impact Your Supply Chain and Logistics Operations

Stord

Love it or fear it, Artificial Intelligence appears to be the new normal in everything, including supply chain and logistics operations. How will AI and related technologies impact supply chain / logistics operations over the next 12-24 months? ( And what are the opportunities for e-commerce / DTC &B2B companies?

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Need For What-If Analysis. I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. The Emergence of Logistics as Constraint. Advanced planning tools(APS) never considered the issues of logistics. Availability of logistics was always assumed.

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Near the end of 2021, I had the chance to make the early call on Logistics Viewpoints on what 2022 would look like across five major logistics themes. Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023.