Remove Demand Planning Remove Logistics Remove Procurement Analytics Remove Sourcing
article thumbnail

Editor’s Choice: What Supply Chains Must Overcome to Deliver on the Consumer Promise

Logistics Viewpoints

Lower-income consumers and those using food assistance programs care the most about food waste as a purchase driver—again, suggesting it is a response to higher prices.” The same “If” statement was repeated for a host of financial and operational metrics. To read the article, click HERE.

article thumbnail

Supply Chain Analytics: Benefits, Challenges & Architecture

SCMDOJO

Luckily, supply chain analytics is here to help! By harnessing the power of data and analytics, companies can uncover valuable insights into their supply chain processes, pinpoint areas in need of improvement, and make informed decisions that can boost their bottom line. Key Takeaways What is Supply Chain Analytics?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Logistics Viewpoints

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most.

article thumbnail

Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supply chain planning.

article thumbnail

Procurement Logistics: What Is It & Where Do Logistics Providers Fit In?

GlobalTranz

Many different terms, such as less-than-truckload (LTL), procurement and transportation management, describe supply chain management processes. Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics.

article thumbnail

Top 5 Use Cases of New-age Demand Planning and Forecasting Solutions

ThroughPut

How can demand planning match the pace of market dynamics? The Top 5 Use Cases of AI-powered Demand Planning and Forecasting Solutions 1. This ensures customer demands are met without creating scenarios of overstocking or stockouts. How can AI-powered tools and solutions enable success in this new reality?

article thumbnail

Consumer Goods: A Formula for Service, Speed, & Brand Success

Logility

Through Logility, Kelly-Moore has moved beyond relying solely on shipment history to purchase raw materials by forging a deeper connection between its master production schedule and procurement decision-making. Kelly-Moore achieved 20% less overstock and avoided $1 million in purchase orders after reallocating sundries.