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Resilience by Design: The Power of Simulation in Supply Chain Strategy

Logistics Viewpoints

After that the team works in an iterative way, answering stakeholder’s questions regarding how the network will react to various changes (e.g. What if the new product’s sales take off faster than we expect?) That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions.

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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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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. As a result, and as we’ve mentioned in several previously published articles, we’ve discovered that many companies lack a defined and documented supply chain strategy.

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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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This Week in Supply Chain News (February 19 – 23)

Logistics Viewpoints

Infor, because of Infor Nexus transportation and visibility solution, has excellent data on global shipping. Currently, much of the revenue comes from data center sales. Bank of America data suggests the inventory/sales ratio could be close to levelling off. increase in sales and a 10.9% They reported revenue of $22.1

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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? What will the total costs be associated with different green strategies? The pandemic has increased complexity.

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How to Innovate Your Supply Chain Management: What You Need to Know

3PL Links

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. The supply chain is crucial in this regard. What are the elements that make up the supply chain?