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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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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. Inflation and economic uncertainty loom large , directly influencing consumer purchasing behavior.

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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. This means continuously assessing the trade-off between the total cost to serve and meeting customer demand and minimizing lost sales.

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Good People Can Make A Difference In Outcomes

Supply Chain Shaman

Ironically, in the city of San Francisco which alleges allegiance to Corporate Social Responsibility, I had no option. The flight into San Francisco on American was six hours late arriving at 7:00 AM EST. (I had scheduled the last flight out of Philadelphia on a Sunday night to spend the afternoon with my grandchildren.)

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Is the Package Under your Tree?

Supply Chain Shaman

In 2014, ecommerce strategies grew in importance. 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. Make test and learn an active part of your supply chain strategy.

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This Week in Supply Chain Management Technology – Shopify and Panasonic

Supply Chain Matters

Online commerce platform provider Shopify , often compared to Amazon in the ability to support small and mid-sized businesses create and maintain an online shipping presence, announced thi9s week its intent to acquire end-to-end online logistics San Francisco based fulfillment provider Deliverr for a reported $2.1 billion.

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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. The successful answer depends on supply chain strategy and the building of strong processes to manage supply. The goal is to become consciously competent in managing the role of inventory in supply chain strategy. Inventory is both.