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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The increasing need for constantly analyzing these trade-offs across the supply chain networks has highlighted the need for digital twins and what-if capabilities in network design solutions. This means they are more likely to focus on value and affordability and change their priorities and brand preferences when making purchases.

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Learn The Secret Psychology Of Price

ToolsGroup

Question 1: is it possible to manufacture prices & discounts? In some circumstances it can be advantageous to create discounts, even if manufactured, in order to push sales from a psychology point of view. Look twice. One thing is sure: It takes a lot of volume growth to offset the negative margin impact of a discount.

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Three Critical Supply Chain Capabilities for Private Label Industry Success

Logility

However, on a recent trip to a mega grocery store I started meandering up and down aisles looking at the variety of both national and store brand products available for purchase. Some private label manufacturers leverage point-of-sale (POS) data provided by the retailer.

Modeling 200
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Making Supply Chain Planning Agile With Modular Planning Technologies

Logistics Viewpoints

As a result, a wide range of businesses, from restaurants, and retail chains, to manufacturers, have been redesigning their business services and operations and re-engineering their supply chains. The system can now automatically receive all approved Purchase Orders so receipts can be reconciled against orders. and Europe.

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

Logistics Viewpoints

ABC analysis creates product segments by grouping products with similar sales volume or purchase frequency to enable category managers to focus on what matters most. The medium-term solution might be to enhance the assortment with alternatives. Traditionally, this has been done by ranking the products based on sales performance.

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Seven Strategic Components for a Proactive Process Chemical Supply Chain

Logility

Process chemical manufacturers face complex supply chain challenges including dealing with hazardous and perishable ingredients whose characteristics (potency, color, composition, etc.) I believe there are several key ingredients to formulating a winning process manufacturing supply chain. can vary from lot to lot.

Chemicals 100
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Creating Paper Trails Without Paper: Making the Switch to Digital QMS

Arena Solutions

With the increasing complexity of the medical device market, manufacturers are faced with an extensive list of product commercialization challenges ranging from mounting standards and regulatory changes, slow and expensive R&D, and supply chain disruption, to providing better cybersecurity features for new connected devices.