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

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

JULY 18, 2022

The added benefit of working with such a partner is that because they collect performance data from hundreds of companies, they can help you choose the most appropriate key performance indicators to use in your benchmarking exercise. Transportation management systems (TMS). Warehouse management systems (WMS). Forecasting systems.

Inventory Reduction 106

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 106

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. Outbound transportation. A knee-jerk reaction to a loss-making sale might be to stop selling that way. Marketing costs.

Purchasing Skills 88

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

Logistics Bureau

MAY 24, 2019

Retail activity is extremely seasonal, with the majority of sales occurring between March and July. However, the company needed to reduce supply chain expenditure significantly after bringing its low-cost “Atom” chip to market. As in most commercial sectors at that time, sales were falling.

Cost Reduction 65

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 65

Logistics Bureau

SEPTEMBER 26, 2018

Retail activity is extremely seasonal, with the majority of sales made between March and July. However, the company needed to make some significant supply chain cost reductions after bringing its low-cost “Atom” chip to market. As in most commercial sectors at that time, sales were falling.

Cost Reduction 85

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 85

Logistics Bureau

APRIL 4, 2022

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. The answer is to benchmark your freight, of course. What is Freight Benchmarking?

Negotiating Skills 82

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