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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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An 8-point Guide to Understanding Your Cost to Serve

Logistics Bureau

Let’s start with an uncomplicated example: Company A is in the business of distributing whiteboard markers. If they are going to understand their cost to serve, they need to know the cost of shipping, for example, the green one to a customer. Let’s take allocation of fixed warehouse costs as an example.

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The New Definition of Supply Chain Agility and Resilience in an Unpredictable World

Logistics Viewpoints

Despite the inherent challenges, a 2018 McKinsey article estimated that the payoff of agility enabled by digitalization can be staggering: “For companies that aim well and execute effectively, the resulting cost reductions could be transformational. blockchain), and video-based collaboration/content sharing. A Positive Example.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

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How to Deliver Great Customer Service at the Lowest Cost

Logistics Bureau

In this article we will look at the topic of customer service: getting it right in your business, understanding the implications for your distribution network, and how you can extract more value —and get more cost—out of your business. To do that we use a technique called conjoint analysis. What should the service be?

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Supply Chain Resiliency Poised to Become Competitive Differentiator

IoT World Today

Key takewways in this article are the following: As technology and geopolitical risks converge, cyberthreats of all kinds become more prevalent and costly, from ransomware to trade-and-tariff wars. The global supply chain, for example, has been hit hard over the past 15 months, creating supply shortages and imbalanced demand.

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IoT in Logistics “The Maersk Case Study”

Logistics at MPEPS at UPV

According to the article “ How IoT can improve the logistic pro ces s ” the internet of things (IoT) provides data, which describes objects “physical assets” for example a good to be transported and distributed worldwide. Now we can see how they implemented the “IoT” to deliver a better service.