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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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Three Critical Supply Chain Capabilities for Private Label Industry Success

Logility

However, on a recent trip to a mega grocery store I started meandering up and down aisles looking at the variety of both national and store brand products available for purchase. eBook: The Inventory Optimization Handbook. Inventory buffers are a reaction to limited demand visibility, inefficiency, and lack of production flexibility.

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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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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

In addition, RS is supporting its suppliers in working towards and achieving their own ESG goals by launching a supplier ESG action plan and handbook. A short video explaining RS’ ESG solutions is available here. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.

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Earth Day spotlight: What it means to be a Benefit Corporation in CPG

crisp

This is especially true in the consumer packaged goods (CPG) industry, where B Corps are working to create products that are good for both people, and the planet. The certified B Corp makes organic, better-for-you packaged sauces and donates a meal to those in need with every purchase.