Logistics Bureau

SEPTEMBER 4, 2023

If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. And that is the sole purpose of cost-to-serve analysis.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Bureau

APRIL 4, 2022

The answer is to benchmark your freight, of course. Improved ability to predict and manage trends: After you’ve spent a while working with freight benchmarks, you’ll get a feel for the directions of seasonal rate fluctuations and other pricing trends. The Pros and Cons of Procuring a Benchmarking Tool.

Negotiating Skills 82

Negotiating Skills Purchasing Skills Logistics Network Optimization Software Supply Chain Planning Software 82

FLS Transport

JANUARY 4, 2021

And some capacity was expected to leave the market after a really tough 2019 for carriers. One data point shows inventories declined 9% year-over-year while sales increased 9%. And the results have spawned a cornucopia of tools aimed at delivering a seamless logistics experience for everyone involved in the supply chain.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Logistics Marketing Advisors

JUNE 20, 2018

Communication is a two-way street, of course. If an honest assessment points more to the latter, now is a good time to course correct. For example, if you regularly share information with your list using a marketing automation tool like HubSpot, you can easily determine who is and isn’t interacting with your content.

Procurement Solutions 40

Procurement Solutions Procurement Analytics Logistics Network Optimization Software Compliance 40

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 92

Production Inventory Reduction Cost Reduction Resource Reduction 92

Logistics Bureau

MAY 31, 2021

Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve. If it were simply the fact that online sales typically involve home delivery, then omnichannel sellers would have no more cost-to-serve challenges than their pure-play online competitors.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Logistics Bureau

NOVEMBER 14, 2018

You then set a sales price for that product. Your sales price minus your production cost is your overall profit or margin; at least, before allowing for further expenses. Sales organisation costs. A knee-jerk reaction to a loss-making sale might be to stop selling that way. Efficient order terms. Marketing costs.

Purchasing Skills 88

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 88