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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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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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FreightTech Investment Environment with John Larkin

The Logistics of Logistics

His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., Systems Engineering Consultant with Day & Zimmermann, Inc.,

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Logistics Industry Outlook with John Larkin

The Logistics of Logistics

His mission is to help craft the firm’s growth strategy while assisting with deal sourcing, capital raising, and the creation of value within portfolio companies. Brown and Sons’ transportation team, AVP – Planning and Analysis at CSX Transportation, Inc., Systems Engineering Consultant with Day & Zimmermann, Inc.,

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Analysis on 2021 Container Shipping Delays

ShipLilly

Forwarders like John Hextall of the De Well Group are coming to terms with the notion of “beneficial cargo owners” having to shop at multiple levels and engaging with different non-vessel operating common carriers to identify any usable space. The post Analysis on 2021 Container Shipping Delays appeared first on ShipLilly.

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Why Companies Need a Supplier Relationship Management Strategy

GlobalTranz

A vigorous supplier relationship management (SRM) strategy can assist organizations in maximizing partnership value, minimize risk, and manage costs through the entire supplier relationship lifecycle. In May, 2014 Raytheon gathered a group of its largest suppliers in Boston, MA to discuss the launch of the company’s Supplier Advisory Council.

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How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

GlobalTranz

Yet the majority of companies have not defined a big data strategy, and others are barely starting to notice. . ďż˝. As a result, the simplest way of defining a big data strategy must begin with understanding how it will evolve and affect the company. . How to Get Started with Your Big Data Strategy. .