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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?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Freight Market Intelligence: Data is crucial, but context is king

Freightos

In this article, Eytan Buchman, Freightos’ CMO, discusses the importance of data and context in global freight and logistics. The future of global freight data lies in real-time information, contextual insights, and aggregated data that can help companies make better decisions and adapt to a rapidly changing industry.

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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Traditional slotting solutions require customized models, extensive engineering, measurement, and data collection.

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How IoT Brings Railway Efficiency to Dutch Rail Network

IoT World Today

Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. When data on causal factors is not readily available, it can be informative to review the behavior of certain industries or economic activity in response to disruptive events. New Factors with Limited History. Review of Prior Impactful Events.

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Warehouse Design – Rules of Thumb… And a Checklist

Logistics Bureau

Therefore, we thought we’d put them here in an article, so anyone can refer to them when necessary. Of course, in a brief guide like this one, we can only share some basic tips for warehouse planning and design. Radio frequency, LAN/WAN, or other communication/data-transfer infrastructure. Warehouse Design Rules of Thumb.

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Sales and Operations Planning: The Interpersonal Element

Logistics Bureau

Often, in our experience, the problem is a human one… It’s not the data, not the process, not the technology, or the strategy, but the people. Pundits typically emphasize data and digital technology when proselytising for the S&OP concept. S&OP is ostensibly a numbers game, of course. The Demand Planner.