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Improving Supply Chain Visibility: The Impact of Data Strategy

3PL Links

Improving Supply Chain Visibility: The Impact of Data Strategy | Image source: Pixabay A business-contextualized data approach is crucial for boosting supply chain visibility, especially during downturns. This requires knowing precisely what details should be collected and trusting the sources of this data.

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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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Omnichannel Strategies Are Crucial For Retail And Shippers

Blue Grace Logistics

Over the last decade, ever since social media and the IoT became common-place mediums, there has been a change in marketing tools and strategies. A more streamlined communication is provided by omnichannel strategies. Some might prefer a curb-side pick up after they have made their choice online.

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A True Supply Chain Transformation Requires the Proper Talent

Logistics Viewpoints

Sales of some products decreased greatly, while sales of others boomed driven by a change in consumer habits towards different cosmetic product categories. What will the total costs be associated with different green strategies? From a process perspective, an analysis is not enough. The pandemic has increased complexity.

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Inventory Optimisation: How Much Stock is Right for Your Company?

Logistics Bureau

It’s a good one to consider, and perhaps an appropriate stimulus for companies to review inventory performance and revise their strategies. After years of focus on just-in-time shipping and inventory minimization, few companies were ready for the chaos that COVID-19 wrought on their supply chains. Let’s Start with Safety Stock.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

Studies show that 88% of consumers have abandoned online shopping carts due to unsatisfactory delivery terms, and 85% of customers will not shop with a retailer again after a poor delivery experience. It is beneficial for cost and bill of material analysis but can be challenging to budget for.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

The device prevents vehicles from surpassing a certain speed, by harnessing GPS and on-board camera data to determine limits on a specific roadway. Retailers are reviving an old playbook to manage their inventory levels after four years of struggling to find the sweet spot of holding enough merchandise but not too much.