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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. Price index and price elasticity are useful metrics on their own, and a combination of these can help determine the right price point to maximize revenue and profit.

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Is Inventory Waste or an Asset?

Supply Chain Shaman

I am sitt ing in seat 4E on an evening flight to San Francisco thinking about my day. We were discussing the results of the planning benchmarking work that we have just finished, and I was sharing some insights on inventory management when one of the panelists emphatically stated, “Inventory is a waste to manage.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items. Asena holds B.S.

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Is the Package Under your Tree?

Supply Chain Shaman

Get Good at Having a Real-time Perpetual Inventory Signal. Foundational for ecommerce is a real-time perpetual inventory (PI) signal. If you are going to be excellent at ecommerce fulfillment, you need to have great perpetual inventory capabilities. No matter where inventory is, put it to work. Don’t fool yourself.

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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

The MVP (Minimum Viable Product) version, set up to go live in multiple countries within three months, involves Demand Planners, Supply Planners, and Inventory Controllers with different access rights to monitor system-generated results. They can adjust quantities and generate supplier replenishment orders in PDF or Excel as needed.

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Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

Content Summary: Chicago ranks number 1 among the seven metro areas in projected supply chain management and technology employment growth; in net job creation for supply chain-related industries; in freight flow; and in inventory holding. San Francisco Bay area. San Francisco Bay area. Printer-friendly version.

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This Week in Logistics News (April 8 – 14)

Logistics Viewpoints

“Around 0600 Pacific Time Tuesday morning, multiple Waymo vehicles in San Francisco encountered very dense fog and determined they should pull over temporarily,” a company spokesperson said. It is expected to generate 62,000 megawatt hours annually – reducing approximately 22,000 metric tons of CO2 emissions per year.