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ToolsGroup Partners with Planalytics to Bring Weather-Driven Analytics to Retail Planning

ToolsGroup

Retail planning customers can isolate, measure, and manage the influence on weather on their businesses. Planalytics weather-driven demand analytics integrate with ToolsGroup retail planning solutions including demand forecasting , dynamic retail allocation , and replenishment software. About Planalytics.

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What Are Retail KPIs? The Most Important Retail Metrics in 2023

ShipBob

As a retailer, so much of your time and energy goes into managing your inventory , streamlining your logistics, building partnerships, and curating the customer experience. To find out, you’ll need to track Key performance Indicators, or KPIs, for your retail business. What is a retail KPI? Why are retail metrics important?

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Omnichannel Supply Chain Metrics: What Should Supply Chain Leaders Measure?

GlobalTranz

There is no easy way to say it; single-channel retail is dead. The answer lies using these omnichannel supply chain metrics to carefully track and improve operations continuously. This is a simple key performance indicator (KPI), another name for metrics, to track. Other Critical OmniChannel Supply Chain Metrics to Track.

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

Logistics Viewpoints

The retail industry is rich with data. 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. Four Ways of Using Cluster Analysis in Retail. This is where advanced analytics and AI/ML techniques help.

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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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What to know about AI in retail analytics

crisp

Retail data is a necessary foundation for CPG operations and decision-making, providing suppliers with crucial visibility into real-time retail and inventory movements across thousands of touchpoints. With structured data as the foundation, AI enables smarter, faster decision-making across the enterprise.

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How To Implement Predictive Analytics Into Your Company

Logility

Chances are, if you’re in marketing, sales, or one of the more technical aspects of business, you’ve used predictive analytics in some part of your job. But your company doesn’t have to be a retail giant to use predictive analytics. But your company doesn’t have to be a retail giant to use predictive analytics.