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

Logistics Viewpoints

quintillion bytes of data every day. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes. The retail industry is rich with data.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

With these at play, having agile planning systems which can consume large amounts of internal and external data and provide decision intelligence and decision automation are becoming essential capabilities retailers seek. They are more likely to shop for discounts and sales and may delay purchases of some items.

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Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes.

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Good People Can Make A Difference In Outcomes

Supply Chain Shaman

Ironically, in the city of San Francisco which alleges allegiance to Corporate Social Responsibility, I had no option. The flight into San Francisco on American was six hours late arriving at 7:00 AM EST. (I had scheduled the last flight out of Philadelphia on a Sunday night to spend the afternoon with my grandchildren.)

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Is the Package Under your Tree?

Supply Chain Shaman

Aggressively design and test products online and then bring the data into your forecasting tools to predict sales of new products by channel. The proliferation of the business models is exciting. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. Redefine it. Make it work.

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Eliminating Real-World Bottlenecks using AI from Silicon Valley to Mars

ThroughPut

With some 5 decades of mostly disaggregated corporate legacy data already in existence, and soon over 50 billion smart connected devices by 2020 generating data-streams in real-time, it becomes all the more challenging for companies to eliminate operational bottlenecks without using AI and automation software. billion to $9 billion.