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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. 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.

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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.

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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.

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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.

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What is the Warehouse Role in Fulfilment?

Supply Chain Game Changer

Keeping records of the above is called a warehouse inventory. However, warehousing itself is usually limited to storing an inventory for a certain period of time and does not include additional services. This is how they fit together: · Shipping inventory : goods are shipped to the warehouse. Springer Link 1990 [link].

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

Synovos

This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally. 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.

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The Top 15 Retail Trends for 2022

ToolsGroup

Data source: eMarketer. And based on Placer Lab’s data , the investment looks promising, with monthly 2021 monthly in-store visits up across the board in comparison to 2019: Image source: Placer.ai. Image source: Bring Me the News. eCommerce Purchases and “The New Normal” Retail Categories. Trust Google to have the answer.