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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

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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. 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. The medium-term solution might be to enhance the assortment with alternatives. Happy clustering! and Europe. Asena holds B.S.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

While we might go and get the best of the solutions out there to meet today’s challenges and leverage today’s technology, that’s not going to come with a lifetime guarantee that it will meet all our needs in the years ahead. The system can now automatically receive all approved Purchase Orders so receipts can be reconciled against orders.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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Shipping is still lost at sea when it comes to big data

DELMIA Quintiq

Thus my case of the shipping industry taking a page out of the retail industry handbook. The sooner the shipping industry opens up to changes and borrowing ideas from other commoditized industries, the better. They employed big data concepts with gusto. There’s no point expecting carriers and ports to change.

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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. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them. Accurate and timely reconciliation of purchase orders with receipts.

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Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Too many companies still rely on spreadsheets and basic ERP forecasting solutions both of which provide inadequate planning capabilities. Realistic constraint-based schedules and capacity-planning tools can help reduce manufacturing planning time by as much as 75%. Read More: eBook: The Inventory Optimization Handbook ).

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