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

Logistics Viewpoints

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most.

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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. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

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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. Well, we also know that many legacy systems will not be able to support all these changes quickly and cost-effectively.

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

crisp

Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior. Consumers are undoubtedly becoming more cost-conscious , but how can businesses leverage this shift to their advantage? And how can brands effectively prepare for the year’s most crucial shopping season?

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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. to get online orders to doors quicker and at a lower cost. to Centerville Winsupply at 875 Congress Park Drive.

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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. The proliferation of the business models is exciting. They were afraid of retail retaliation. This has changed. Redefine it.

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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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