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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

If a bill introduced by San Francisco-based state Senator Scott Wiener becomes law, California could become the first state to require certain new cars to be equipped with a device capable of limiting speed. Well, this week, I saw a new story about a bill in California that is turning heads. And now on to this week’s logistics news.

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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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2023 holiday report: data-driven strategies to make the buyer’s nice list

crisp

We’re providing insight on the retail trends surrounding the 2023 holiday season, and how businesses can leverage data-driven strategies to meet them head-on. Herein lies the value of platforms like Crisp, which provides seamless access to real-time sales and inventory data.

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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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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. inflation rate. inflation levels. inflation levels.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Now all retailers are re-assessing their sourcing strategies and looking for local alternatives to reduce risks, lead times and carbon footprint. Retailers will also have an inventory surplus because people will buy less overall, meaning they may need to lower prices to clear their excess stock–hurting their profits. Asena holds B.S.

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How Does Machine Learning Improve Supply Chain Performance?

Logility

In 2016, Lowe’s introduced LoweBot , an autonomous retail service robot in Lowe’s stores throughout the San Francisco Bay area. Furthermore, LoweBot is able to assist with inventory monitoring in real time, which helps employees detect patterns that might guide future business decisions.