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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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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

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Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Which process steps cost the most, and the least, to complete?

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

To assist with the short-term solution, the answer is an extensive data-gathering exercise. Of course, the key to success is being able to analyze that data so that you can get the maximum value out of it. A comprehensive range of tools has been built into the SYSPRO ERP solution to help you do just that. The benefits of ERP.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.