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ToolsGroup Partners with Planalytics to Bring Weather-Driven Analytics to Retail Planning

ToolsGroup

Retail planning customers can isolate, measure, and manage the influence on weather on their businesses. Planalytics weather-driven demand analytics integrate with ToolsGroup retail planning solutions including demand forecasting , dynamic retail allocation , and replenishment software. About Planalytics.

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

Logistics Viewpoints

The retail industry is rich with data. 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. Four Ways of Using Cluster Analysis in Retail. This is where advanced analytics and AI/ML techniques help.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. 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.

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. Nevertheless, they are having to adjust to the fact that customers are now more in charge of their purchasing journey. ”[2].

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What is Lean Retail (+ Why Retailers Must Embrace It)

ToolsGroup

With the advent of globalization, the Internet, and more recently, the proliferation of mobile technology into every aspect of our lives, there has been a remarkable shift in the world of retail from a product-centric to customer-centric model. What is Lean Retail? The impact of lean retail on supply chain management.

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

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Best Logistics Management Software: Everything You Need to Know Before Making a Purchase Decision

ThroughPut

From a manufacturing perspective, the best logistics management software facilitates effective planning of the supply chain itself and implementation of the final delivery to the end consumers. It now shares similarities with Supply Chain Management Software (SCMS), to help deal with manufacturing operations, processes, vendors and suppliers.