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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. Asena holds B.S.

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Is the Package Under your Tree?

Supply Chain Shaman

At that time, manufacturers talked about customer-centric supply chains, but were afraid to aggressively adopt ecommerce strategies. Manufacturers, today, are aggressively pursuing e-commerce strategies. Some of the packages on the trucks moving right now are the first shipments of Metrics that Matter. This has changed.

Packaging 289
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This Week in Logistics News (July 23 – 29)

Logistics Viewpoints

With its commitment to have all 100,000 electric delivery vehicles on the road by 2030, Amazon will save millions of metric tons of carbon per year. This summer, Uber Eats plans to roll out an updated online grocery delivery experience, roughly two years after it entered the US e-grocery market.

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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. Emerging Themes for Supply Chain Planning. Step 4 – Closing the Loop and Getting Real-time Visibility. Yosun holds B.S.

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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. The better the forecast and replenishment decisions, the higher the financial benefit and the lower the waste. in 2021 compared to the year before.

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Ranking Journals: Academic Journal Guide 2021 (“ABS List”)

SCM Research

The following OSCM journals were given a grade of 3: Decision Sciences , International Journal of Production Economics , Journal of Business Logistics , Journal of Purchasing & Supply Management , Manufacturing & Service Operations Management and Supply Chain Management: An International Journal.

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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. There are two buffers in the supply chain: inventory and manufacturing capacity. As assets become more and more utilized manufacturing loses the ability to buffer volatility through manufacturing capacity optimization.