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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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2023 holiday report: data-driven strategies to make the buyer’s nice list

crisp

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior.

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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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Procurement Analytics Hot Topic at Procurement Leaders West Coast Forum and ISM Carolinas

NC State SCRC

I had the opportunity to attend the Procurement Leaders in San Francisco forum two weeks ago, followed by attending the ISM Carolinas-Virginia meeting in Winston Salem last week. Procurement analytics was discussed at length at both sessions. Most are still focused on spend analytics.

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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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