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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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Managing E-Commerce Fulfillment Spikes With Data Analysis

GlobalTranz

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. How Surface Mode Shippers Can Compete in E-Commerce Logistics. Data Analysis Enhances E-Commerce Forecasts and More Take a moment to consider what goes into managing e-commerce fulfillment.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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This Week in Logistics News (April15 – 20)

Logistics Viewpoints

And now for this week’s logistics news: Walmart Adds Truck Powered by Compressed Natural Gas to its Transportation Fleet CMA CGM offers $5.5 billion for Bollore logistics unit Retailers Tackle Cardboard Overload With Made-to-Fit Boxes Robust.AI billion) for the logistics unit of Bollore. 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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Top Transportation & Logistics Influencers

The Logistics of Logistics

Original article: Warner’s Top Transportation & Logistics Influencers. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. The road hasn’t been easy for the transportation and logistics industries. miles of freight is expected to reach 7.67

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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.