Remove Handbook Remove Inventory Remove Sourcing
article thumbnail

Autonomous Planning in Supply Chain: 4 Must-Haves for Next-Generation Platforms

Logistics Viewpoints

Critical inventory disruptions/deficiency anywhere in the supply chain. This includes suppliers, logistics providers, sales, and fulfillment locations/channels supporting autonomous planning decisions that take data flowing from various internal and external sources into account. Network bottleneck identification. Yosun holds B.S.

article thumbnail

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. Another way is to cluster stores by looking at a specific category’s inventory productivity or sales performance. These metrics can also be used in inventory planning decisions.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Digital Transformation Journey in Supply Chain Planning

Logistics Viewpoints

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

article thumbnail

Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

This means we need more agile, flexible, and scalable planning platforms to process and consolidate new data sources, drive insights using advanced analytics such as AI/ML to drive autonomous decisions, and expand collaboration within and outside our organizations. We need planning platforms to keep up with all the changes. Yosun holds B.S.

article thumbnail

Winning the Inventory Battle in the Consumer Products Industry

Logility

Depending on the source, it is widely reported that anywhere from 50 to 85% of new products fail to achieve success. From a supply chain standpoint the battle for new product profitability relies largely on two key capabilities, developing accurate new product forecasts and optimizing new product inventory.

article thumbnail

Why Communication Is Key to Manufacturing Success

IQMS

When we think about the critical requirements for a manufacturer to succeed, productivity, quality, and inventory management immediately jump to mind. For example, the comparison of a new order to available inventory may lead to a request for an expedited purchase of materials. He has also written the CAMWorks Handbook.