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AI-Powered Inventory Planning for Better Sleep

Logistics Viewpoints

However, the juice for my newfound nightly routine soon became difficult to find, perpetually out of stock each time I tried to purchase it at the grocery store. With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference.

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Demand Planning: Whipped And Chained by Tradition

Supply Chain Shaman

I know that your primary focus is procurement. If S&OP efforts were that effective, don’t you think that we would have made more progress against inventory levels, margin, and growth? In part, this results in increasing swings in inventory in response to shifts in consumer demand as one moves further up the supply chain.

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

Logistics Viewpoints

There is so much data, and to make use of it, we need to use data mining and analytics to drive meaningful insights that can be put to some good use. ABC Analysis for Inventory Planning : Clustering products that behave similarly highlights issues, challenges, and opportunities for serving customers better.

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Writing: Working on My Book

Supply Chain Shaman

Interview for Metrics That Matter. My kitchen table is piled high with interviews for the upcoming book, Metrics That Matter. He is responsible for manufacturing, procurement, supply chain planning, logistics, quality, social responsibility and final product engineering. ” Supply Chain Leader. I am behind. The heat is on.

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The Future Of Retail: Technologies Enabling Q-Commerce Growth

Logistics Viewpoints

More than 30 Q-Commerce companies are currently operating in Europe, and half of them were founded very recently, in 2020. Inventory Optimization. Inventory Optimization involves decisions about the inventory level, the location, and the mix of products. increase with their sales in the U.S.

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Editor’s Choice: Aluminum Can Shortage Defines a New Normal for Food Packaging

Logistics Viewpoints

The deepening power crisis has already taken 900,000 tons of smelting capacity offline in North America and Europe. Many breweries were also reported to be paying premiums to purchase cans just to meet their immediate needs. About 73% of the aluminum cans in the US come from recycled scrap.

Packaging 299
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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

As we’ve seen over the past few years, businesses will keep automating and integrating supply chain planning capabilities, including demand-sensing, dynamic safety-stock management, inventory optimization, and external collaboration. They are more likely to shop for discounts and sales and may delay purchases of some items.