article thumbnail

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

Logistics Viewpoints

quintillion bytes of data every day. For companies that want to go beyond the traditional spreadsheet, which cannot handle this ocean of information efficiently, statistical methods such as cluster analysis can help. What is Cluster Analysis? The retail industry is rich with data. On average, we humans generate 2.5

article thumbnail

Streamlining the tedious: automating the AP process for manufacturers

SYSPRO Smarter ERP

As efficiency is crucial for businesses to remain competitive, many manufacturers are looking at all aspects of their operations to identify gaps and address them through either process improvements or by introducing relevant automation technology. One area that is often overlooked is the accounts payable (AP) process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Automated Manifest System (AMS): An Overview and Requirements for Shippers

MTS Logistics

What is the Automated Manifest System (AMS)? The automated manifest system is an electronic system that is used to support cargo data such as departure, arrival, and release information between the actors of shipment when importing to the U.S. bound and transit cargos must submit distinct data items (e.g. ISF 5, ISF 10).

article thumbnail

The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

This was on a day I was busy analyzing the global warehouse automation market. There are many other similar growth examples in warehouse automation. Below are a few interesting tid bits from the publicly available information I have reviewed so far in my analysis of the global warehouse automation market. percent to 3.79

article thumbnail

Automated Order Processing and Proactive Inventory Management

Speaker: Irina Rosca, Director of Supply Chain Operations, Helix

Organizations need to focus on demand driven supply planning, utilizing real time information on customer orders from all marketplaces (e-commence, Amazon - or other online retailers, and point of sale data from brick and mortar). Focusing on this information once per month during the S&OP meeting is too late for all business units to align.

article thumbnail

Data Quality: Your Digital Transformation Depends on It

Logistics Viewpoints

In a prior post , I wrote about the various ways data is transforming global supply chains. Data is the raw fuel of digital transformation and the linchpin to accelerating industry collaboration, automation, predictive insights and so many more cutting-edge capabilities (including those yet to be invented). Inspect before entry.

Data 146
article thumbnail

Managing E-Commerce Fulfillment Spikes With Data Analysis

GlobalTranz

This creates a major problem for managing e-commerce fulfillment when orders spike and shippers need to understand how data analysis may help. Disjointed systems and data silos, creating delays in processing and deficiencies in visibility. Lackluster insight into freight spend and poor freight management controls. Download Here.