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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

Retailers know firsthand how quickly the market can change. That’s why staying on top of the latest supply chain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution.

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

Logistics Viewpoints

The retail industry is rich with data. This blog will review how category managers and supply planners can use cluster analysis to make smarter decisions and grow sales. Four Ways of Using Cluster Analysis in Retail. However, using metrics that can be easily tracked and updated is recommended.

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

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Top Solutions for Supply Chain Agility

Logistics Viewpoints

Digital Twin from Infor Nexus Drives Supply Chain Agility. When it comes to driving supply chain agility there are several solutions that are important, but the key solution is a Multi-enterprise Supply Chain Network (MSCN). But even in more normal times, a supply plan usually can’t be fully executed.

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My Lessons in Interviewing Supply Chains to Admire Award Winners

Supply Chain Shaman

In business conversations, the term supply chain excellence rolls off the tongue frequently in meetings, but what does it mean? Supply chain excellence is harder to define than to say. We designed the Supply Chains to Admire Methodology to help companies define supply chain excellence.

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What to Look for in Your Retail Supply Chain Planning Software

ThroughPut

The retail industry has been witnessing unending turmoil over the last couple of years by way of a series of challenges – ranging from shifts in purchasing habits and consumer demands to the vagaries of a relentless global pandemic that continues to trigger seismic upheavals. Focus on both top and bottom-line growth.