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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

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

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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Leveraging Data-Driven Decision-Making Tech

Logistics Business Magazine

ORTEC uses data-driven analytics to create supply chain visibility and help solve everyday challenges for staying on target, improving the customer experience, and meeting business goals. Performance analysis compares planned versus actual results to support continuous improvement and to reduce cost to serve.

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How can ERP benefit the manufacturing & distribution CFO?

SYSPRO Smarter ERP

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. The role of the CFO is being transformed by technological innovation and access to massive amounts of data, both inside and outside the organization. Here’s ERP ROI for the manufacturing and distribution CFO: 1.

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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

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.

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

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.

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

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.