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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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What is happening in Asia-Pacific Market – Key takeaways from Dimerco’s analysis

Shipping and Freight Resource

Dimerco, one of the market leaders and a critical source of data and insights in this trade lane has released its Asia-Pacific Freight Report for February-March 2024.

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Big data and inventory management

EazyStock

What is big data? All successful businesses use data to develop strategies and review their outcomes. But as the number of systems being used increases, the amount of data available for consumption and analysis grows exponentially. Unstructured data isn’t as accessible to search or export and is often text-heavy.

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Data key to tackling forecasting challenges

FreightWaves SONAR

Businesses are prioritizing the speed of data propagation within their supply chains. According to Gold, NRF members have made significant investments in data analysis to improve their ability to predict consumer demand to prevent bloated inventory levels that many large retailers experienced around this time in 2022.

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Logistics Outsourcing Calls for Robust Data Portfolios to Create Enduring Supply Chains

Blue Grace Logistics

Although supply chains are starting to normalize and rebound, COVID-19 exposed a lot of weaknesses and led shippers to gain a better understanding of the importance of data portfolios, which is the primary purpose of outsourced logistics solutions. Visibility and data remain top-value propositions that outsourced logistics entities solve for.

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Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions

247 Customs Broker

However, as the supply chain changes so rapidly, especially with the… The post Logistics Manager Analysis: Forecasting and S&OP… Big data, big decisions appeared first on 24/7 Customs Broker News. Forecasting the demands of a business is also essential, for correct distribution of goods.