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

Logistics Viewpoints

ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit.

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7 Reasons Why You Should Reduce Inventory

SCMDOJO

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

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From the Barley in the Fields, to the Beer in Our Hands: Carlsberg’s Sustainability Journey

BlueYonder

This initiative is central to enhancing the management and efficiency of its logistics operations throughout Europe. Carlsberg has also introduced electric trucks and established a specialized transportation control tower in Poznan, Poland. A prospect to raise a glass to.

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o9 Solutions and Supply Chain Insights With LKQ Europe Reveal Significant Supply Chain Planning Improvements Following the First-Ever Pilot to Test Outside-In Planning

o9 Solutions

After testing outside-in supply chain planning concepts via Project Zebra, LKQ Europe realized a 17.3% Co-founded by o9 and Supply Chain Insights, Project Zebra is an open-source industry effort to define and activate outside-in processes to prove the value of outside-in supply chain planning processes. million individual SKUs. .

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Building a Triple A Supply Chain: Ten Tactics That Work

Supply Chain Shaman

Over the last six years, we studied the connection between business results (growth, operating margin, inventory turns and Return on Invested Capital (ROIC)) and the link to company characteristics. Recently, I was presenting to a supply chain team in Europe. Reward teams for cross-functional metrics. What did we find?

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Supply Chain Planning BPO: What’s Driving It and Should You Get On Board?

ToolsGroup

Now Gartner reports that SCP BPO is gaining traction ( Market Guide for Supply Chain Planning BPO or BPaaS, 29 July 2019 ), particularly in North America and Europe. Gartner says that the most common outsourced SCP processes are inventory management, statistical forecasting and service parts planning. versus $4.84

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Continuing Disruptions in Transportation and Sourcing Materials After the pandemic, retailers are faced with new challenges and disruptions due to global conflicts, trade restrictions, and now recessions. Here are some highlights from these trends in 2023 and implications on supply chain planning.