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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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The Backorder, March 27 2024

Unleashed

Over 1/3 of manufacturers struggling with data. A recent Hexagon report found that although manufacturers are increasingly data-focused, many are facing challenges with decision-making. Additionally, sustainability and ethical sourcing will become even more critical in the coming years.” The F&B industry added 1.4

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Supply Chain Disruptions Directly Attributed to a Portion of US Inflation

Supply Chain Matters

In this Supply Chain Matters posting, we highlight a published analysis from the Federal Reserve Bank of San Francisco quantifying the effects of supply chain disruptions have had on the existing U.S. This analysis concludes that supply driven factors such as manufacturing or logistics disruptions are contributing 2.5

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As Inventories and Capacity Expansion Grew Too Quickly in 2022, Customers are Forcing Suppliers to Bear the Brunt of Optimistic Forecasts

NC State SCRC

However, I’ve been hearing more and more stories about how the rapid over-expansion of many brands and retailers in 2021 has proven to result in all kinds of problems, specifically around additional inventory, excess capacity, and over-expansion of the workforce.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

As a result, a wide range of businesses, from restaurants, and retail chains, to manufacturers, have been redesigning their business services and operations and re-engineering their supply chains. In the meantime, the inventory data quality has evolved, and the supply planning teams have been reorganized in some countries.

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The Impact of Collaborative TMS on Supply Chains Bottom Line

Turvo

It is a new shipper-carrier collaboration approach to enhance supply chain visibility, reducing transit times, and inventory-carrying costs for retailers and suppliers while improving carrier asset utilization levels. . To tackle shipment-level concerns, retailers, manufacturers, and carriers are continually at odds with one another.