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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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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

Demand sensing involves the use of the external data sources – particularly the latest sales and market data – to improve short-term forecasting and then be able to use that improved understanding of consumer behavior to improve their supply planning. The analysis was not all that accurate.

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Inventory Management in Service Logistics Industry

Talking Logistics

For Sales it’s about product availability at all times. There are broadly three stages of inventory management in supply chain: Manufacturing Support; Finished/Manufactured Goods; and After-Sale Support. Sales Strategy. After-Sale Support. What is Inventory Management? Is it about optimization?

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Sales and Operations Planning: The Interpersonal Element

Logistics Bureau

Has your company ever suffered problems with, implemented, or even considered implementing a sales and operations (S&OP) planning process? More to the point, though, for S&OP to be effective, it matters not whether a company uses Excel spreadsheets or the latest best-of-breed sales and operations planning software.

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[Infographic] What Successful Manufacturing Leaders Do from 8am-8pm

GlobalTranz

After all as Eric Kimberling's analysis of 'leadership lessons' says: “The differing results of manufacturers are due to unique leadership traits of their executive teams.”. After all, according to the Annual Manufacturing Report 2015 75% of respondents have implemented some form of automation in the past five years. Get moving.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

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. You’ll have a better idea of when rates move up and when they move down.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs. . .