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

Logistics Bureau

For example, you don’t want to assume that a single logistics strategy and service approach will meet all your customers’ needs. It may do, but how do you know? Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise. How to Prioritise New Supply Chain Capabilities.

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How to Select the Right KPIs for Supply Chain Benchmarking

Logistics Bureau

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Conflicting KPIs: A Brief Example. How to Benchmark Your Supply Chain With KPIs. The Importance of Aligned Objectives.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. 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.

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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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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. But before they can fulfill their role as the team that delivers, supply chain organizations must figure out how to use data more effectively. More data is coming in than ever before. to anticipate conditions that signal an emerging demand spike.

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Leverage freight data for confident demand planning

FreightWaves SONAR

In this blog post, we’ll walk through some of the obstacles to medium-term demand planning, consider how high-frequency supply chain data can help fill the informational gaps that companies are grappling with, and then look at a real-world example of how the data in FreightWaves SONAR can give insight into the goods economy.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.