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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. There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. This is where advanced analytics and AI/ML techniques help. However, using metrics that can be easily tracked and updated is recommended.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Recessionary environments cause disruptions in the manufacturing industry around the globe, leading to long lead times, shortages, rising prices, and complications in transportation lines. 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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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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2023 holiday report: data-driven strategies to make the buyer’s nice list

crisp

As the retail industry prepares for the 2023 holiday season, it’s clear that this year will again diverge from the pre-pandemic norm. Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. And how can brands effectively prepare for the year’s most crucial shopping season?

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This Week in Supply Chain Management Technology – Shopify and Panasonic

Supply Chain Matters

Online commerce platform provider Shopify , often compared to Amazon in the ability to support small and mid-sized businesses create and maintain an online shipping presence, announced thi9s week its intent to acquire end-to-end online logistics San Francisco based fulfillment provider Deliverr for a reported $2.1 billion.

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Eliminating Real-World Bottlenecks using AI from Silicon Valley to Mars

ThroughPut

Are industrial bottlenecks preventing your business from growing? If companies can’t dynamically analyze and create executable insights from the existing data systems and teams they already have in house, then they simply aren’t ready for any sort of so-called Digital Transformation or Industry 4.0

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

There have been stories of autonomous vehicles crashing which seems to set the industry back every time. To clarify, Karl is the name given to San Francisco’s frequent fog. Previously, customers could drop off non-defective or undamaged items at UPS Stores without any cost.