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

Logistics Viewpoints

Comparison of these profiles then gives us store clusters with similar demand, and based on these insights, assortment plans can be developed to address the difference. In Fashion, sourcing strategies can be revisited, and the ‘risk’ metrics can become a part of the decision criteria in addition to manufacturing and logistics costs.

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Selling Online? What It Means for Your Logistics Network Design

Logistics Bureau

If enterprises are to provide such advantages, their logistics must be organised to match. Ideally, in a clicks and mortar business, logistics activities would be the same between fulfilment of online and physical sales. By comparison, ‘variation breeds inventory’ and other expenses. Return logistics. Make No Assumptions.

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Can Airfreight Smoothen the Supply Chain Bottlenecks

20Cube Logistics

Clothes and apparels are like food. In case of sudden increase in tariff and swift and smooth relocation of operations, airfreight becomes the most sought after solution, in comparison to the delays that can be entailed with ocean freight. They need to be served to the consumers piping hot.

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The Top 15 Retail Trends for 2022

ToolsGroup

Google’s findings align with McKinsey data (and, for what it’s worth, my browsing history), demonstrating apparel, cosmetics, household items, and pets as categories consumers intend to splurge. When consumers are considering new brands, return policies are one of the best ways to reduce purchase risk – particularly around apparel.

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4 Tips for Mitigating Risk in the Supply Chain

RFgen

Some team members should deal with transportation logistics while others solely focus on the supply chain management system. Businesses that don’t, like apparel and athletic shoe retailer Finish Line, could find themselves enduring quarterly revenue losses and market share disasters, reported Supply Chain Digest.

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4 Tips for Mitigating Risk in the Supply Chain

RFgen

Some team members should deal with transportation logistics while others solely focus on the supply chain management system. Businesses that don’t, like apparel and athletic shoe retailer Finish Line, could find themselves enduring quarterly revenue losses and market share disasters, reported Supply Chain Digest.

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The Internet of Things and the Retail Industry

C3 Solutions

Here, it is anticipated that the consumer will be the main beneficiary; as they will have access to more data, faster, enabling more comprehensive comparison shopping. 13] " Walmart testing drone in warehouses ", Anne D'Innocenzio, Inside Logistics , June 3, 2016. [14] Inside and Out.