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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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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5 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all. Deere & Company.

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7 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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How to Boost Worker Productivity by Promoting a Positive Mindset

GlobalTranz

Negativity in the workplace hurts worker productivity and costs money. Workers who are present but performing less than 100 percent due to illness or stress actually cost companies more on worker productivity than absent workers do, losing an average 12.4 days lost due to absence, according to a study by Willis Towers Watson.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management. But hard skills must be coupled with soft skills. This often requires substantial interpersonal knowledge and skill.

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[INFOGRAPHIC] How to Become a Freight Broker: Your Ultimate Guide

GlobalTranz

They negotiate good shipping rates and fast deliveries from transportation companies, and connect them with the businesses that need to transport goods or cargo, so carriers can maximize their loads. Gain Industry Experience and Study. Refresh or Develop Some General Skills. Essentially, freight brokers keep the economy running.

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Fleet Route Optimisation in the Past, Present, and Future

Logistics Bureau

Whether that is the case or not, a brief study of the origins and progression of fleet route optimisation, covering the last three decades or so and looking forward to the near future, highlights in a spectacular way how technology, in particular, has revolutionised the business of logistics.