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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

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. Here are some highlights from these trends in 2023 and implications on supply chain planning.

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The Top 15 Retail Trends for 2022

ToolsGroup

The Retail Trends Shaping How We Shop in 2022. Love it or hate it, daily necessities need to be purchased. Whichever reasons fuel the motivations of your target market, here are the top trends shaping how they’ll buy – and how you can stay front of mind and ahead of the competition. Digital Commerce Matters More Than Ever.

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

Logistics Viewpoints

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. Now, we can do better than that by using advanced analytics, which can be extended to include more dimensions, such as trends, and provide further insights. and Europe.

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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. Ensure that, somewhere along the way, data diagnostic tools will be used to check for missing and inconsistent data automatically. . Accurate and timely reconciliation of purchase orders with receipts.

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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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Supply Chain Planning Fireworks

Logility

However, supply chain professionals from thousands of different companies supplying consumable and non-consumable products have to consider past demand trends and predict their products’ demand for the upcoming holiday. Procurement and manufacturing plans need to be created and executed based on forecasts. Additional Content.

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Behind the Numbers of the SCRC Supply Management Index

NC State SCRC

SMI involves external market research identifying information on key suppliers, available capacity, technology trends, price and cost data and trends, technical requirements, environmental and regulatory issues, and any other data that is available. These interviews are often the best source of information and are not published.