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

Logistics Viewpoints

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.

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The U.S. Bitcoin Mining Odyssey Meets Logistics

MTS Logistics

It’s a dynamic landscape, where technological and financial innovation meets logistics. Bitcoin Mining Odyssey Meets Logistics appeared first on More Than Shipping. As we look to the future, balancing energy consumption and the relentless pursuit of efficiency will continue to drive the industry forward. The post The U.S.

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Study Finds High-Voltage Transmission Grid Critical to Meet EV Charging Demands

NGT News

National Grid, along with transportation analytics organizations CALSTART, RMI, Geotab and Stable Auto, have conducted an analysis to provide new insight into the future of electric vehicle (EV) highway charging in New York and Massachusetts and to better understand the impact of this transition on the grid.

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Groups Recommit to Meeting IMO Climate Targets by 2050 with Latest Talks

MTS Logistics

The meeting of those concerned and committed about the industry’s climate goals happened on the sidelines of the main climate conference in Dubai. The goal of all of the participants of the sideline meetings was to come up with a law that is palatable to all parties by the time IMO negotiations take place in March of next year (2024).

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Automated Order Processing and Proactive Inventory Management

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

Focusing on this information once per month during the S&OP meeting is too late for all business units to align. Depending on total supply chain lead time, not having real time visibility and analysis of this information can significantly affect sales and the bottom line. etc) or online promotions (company run or 3rd party).

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.