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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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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. How predictive analytics works in logistics?

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This Week in Logistics News (August 5 – 11)

Logistics Viewpoints

It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst.

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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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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

Starting next week, recreational marijuana sales will be legal in Maryland, and over the next two years, will be legal in Virginia and Minnesota. In October 2022, the average price for a gram of flower dropped to $7.76, an all-time low, according to the most recent data from the state’s Cannabis Control Commission.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

For instance, a bot never needs to take a mandatory break after 10 hours on the road or pass a drug test. An impressive case study to be sure, but alas, the cost of the technology is still prohibitive for most companies. In a word, it’s data. Byron Davis, Senior Director, Client Services, Open Sky Group.

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Marijuana Supply Chain: Profits and Headaches

Logistics Viewpoints

Starting next week, recreational marijuana sales will be legal in Maryland, and over the next two years, will be legal in Virginia and Minnesota. In October 2022, the average price for a gram of flower dropped to $7.76, an all-time low, according to the most recent data from the state’s Cannabis Control Commission.