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

Logistics Viewpoints

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. Since there are often differences in store sizes, a metric representing the size can be added as well for a two-dimensional clustering approach.

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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. in 2021 compared to the year before.

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Top Digital Supply Chain Cities in the U.S.

Material Handling & Logistics

number of flights, road congestion, distance to ocean ports); and in the presence of top 100 logistics IT providers. number of flights, road congestion, distance to ocean ports); and in the presence of top 100 logistics IT providers. San Francisco Bay area. San Francisco Bay area. New York City. Media Type.

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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.

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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. And now on to this week’s logistics news. to smaller logistics operators scrambled to fill jobs at fulfillment centers.

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Top 10 Supply Chain Innovations of 2018

Material Handling & Logistics

Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. cities have launched Smart City Logistics innovations and protocols, following the lead of Europe and Asia. ? Warehouse Automation.

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Wanted: Supply Chain Architects!

Supply Chain Shaman

I knew nothing about the world of logistics, inventory management and order optimization. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Instead, I think that it needs to be holistic to balance the trade-offs of source, make and deliver together.