Logistics Viewpoints
DECEMBER 15, 2022
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? Cluster analysis is a statistical umbrella term for methods that classify data points according to their attributes.
Logistics Bureau
SEPTEMBER 4, 2023
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.
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EazyStock
MARCH 9, 2021
What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.
Log-hub
NOVEMBER 22, 2023
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.
Log-hub
NOVEMBER 22, 2023
In this blog post, we will explore the highly effective ABCD Analysis technique for warehouse optimization with its pitfalls and how organizations can leverage their data to implement this strategy successfully based on Log-hubs experience over the last years.
Log-hub
NOVEMBER 22, 2023
7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.
3PL Links
DECEMBER 3, 2023
Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.
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