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AI-Powered Inventory Planning for Better Sleep

Logistics Viewpoints

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.

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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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Managing Inventory amid Regime Change

The Logistics & Supply Chain Management Society

Managing Inventory amid Regime Change by Thomas Willemain, Ph.D ​If Statisticians use the phrase differently, in a way that has high relevance for demand planning and inventory optimization. This blog is about “regime change” in the statistical sense, meaning a major change in the character of the demand for an inventory item.

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Auto Supply Chain Insights: Global Trade, Compliance and Logistics with Tenneco

QAD

Insights from a Thought Leader in Global Trade and Logistics Back in June, Jeff Peterson, the Director of Global Trade and Logistics at DRiV, a Tenneco company, joined the Auto Supply Chain Prophets podcast to discuss these challenges as well as new innovations in global trade and logistics with hosts Jan Griffiths and Terry Onica.

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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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Boosting Efficiency: Top 5 Inventory Optimization Strategies

SCMDOJO

In the world of business, managing inventory efficiently can make all the difference between success and struggle. Whether you’re a small startup or a large enterprise, optimizing your inventory is crucial for staying competitive and profitable. Read more on Optimizing Inventory and Lead Time Management on our website SCMDOJO!

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Inventory Management Best Practices for Tech Companies: Knowledgeable Insights by ModusLink

ModusLink Corporation

Inventory Management Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices.