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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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Everything You Need to Know About Smart Warehousing

3PL Links

This article explains the idea of smart storage, including its key benefits, and the technology that makes it possible. This strategy seeks to save expenses, minimize errors, boost operational effectiveness, and expedite response to market demands.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. There are several possible ways to eliminate this form of energy wastage.

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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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5 Budget-Friendly Tips for Ecommerce Brands

Ship Monk

You never want to cut corners on these, or any, crucial areas of your ecommerce brand. This is a plethora of articles, but at ShipMonk we know that one of the few cases of overpreparing that doesn’t hurt is when you’re absorbing as much information as possible about best ways to project your budget.

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The Role of Logistics Management in Optimizing Supply Chain Operations

Locus

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. This article will provide easy insight into the world of logistics management—from the key components and challenges to tips on optimizing it for your business.

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Is My Company Ready for a Transportation Management System?

Trinity Logistics

If it’s been more than six months, then you’ve stumbled upon the right article. Yet, what if you could strategically reduce your overall spend while transforming your team from being reactive and task-oriented to proactive and customer-oriented. How much time is being wasted across your organization with overwhelming manual processes?