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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?” I’ll start this post off with a straightforward question. If you can answer with a “Yes”, I applaud you.

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Using data and AI to improve manufacturing

SYSPRO Smarter ERP

Using artificial intelligence (AI) in manufacturing can significantly improve productivity, reduce equipment failure, increase production efficiency and help identify new business opportunities. Nine areas where AI can help manufacturers There are several ways in which data and AI can be applied in the manufacturing industry.

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Turkish Carpet Exports: A Quick Analysis

MTS Logistics

Beyond the commercial production of carpets, this industry was born as a local tradition. This data reflects not only the adaptability of the Turkish carpet sector but also its ability to recover and regain momentum in the ever-evolving global market. Iraq, the United Kingdom, and Germany. This reputation builds trust among U.S.

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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). This is especially important for new product releases, in store programs or promotions (sales, end caps, PDQ.

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How business intelligence can enable you to be a data-driven manufacturer

SYSPRO Smarter ERP

The manufacturing industry is currently undergoing a rapid digital transformation, and as a result, companies are generating vast amounts of data. Unfortunately, without proper processing and analysis, this data is of little use to the organization. This enables managers to take swift action and keep production on track.

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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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Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

You may have recently had M&A activity, about to roll out a new product line or need to cut costs. When you finally have the analysis, everything has changed, and it is no longer relevant. You have tough decisions to make about your network design. You need answers to urgent network questions, but weeks go by.