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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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Beat your transportation budget this year without sacrificing service

FreightWaves SONAR

Retailers, manufacturers and suppliers have saved a lot of money on transportation costs in 2023 compared to the years before, but other parts of their organizations are facing persistent inflationary pressures on everything from energy and labor to cattle futures and the cost of money itself. Let’s look at some data.

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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. How do we best handle surging transportation costs? The cost reduction includes sourcing, customs & duties, transportation, production, and inventory holding costs.

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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. The National Transportation Safety Board has recommended the installation of such technologies in all new passenger vehicles. delaying shipments and raising transportation costs.

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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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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

The second goal was to work with a fourth party logistics (4PL) partner that had invested in cutting-edge transportation management and visibility solutions. A 4PL is a company that plans and executes transportation on behalf of their customers. The final goal was to develop end-to-end visibility based on leveraging data analytics.