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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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How can ERP benefit the manufacturing & distribution CFO?

SYSPRO Smarter ERP

Over the last decade, the role of the manufacturing and distribution CFO has undergone a profound shift. As strategic leaders, manufacturing and distribution CFOs need to increase the adoption of digital technology to improve operations, efficiency, customer experience, and control along the supply chain.

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Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

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What Is Transportation Optimization and What Does It Have to Do With Managed Transportation

GlobalTranz

Additional opportunities can be reached through transportation optimization whether using a 3PL or 4PL. It's important to understand how transportation optimization can work well with managed transportation service providers to attain that goal. Defining Transportation Optimization.

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How Supply Chain & Logistics Companies are Mitigating Labor Shortages

Logistics Viewpoints

In late 2023, Descartes conducted a survey of 1,000 supply chain and logistics decision-makers across North America and Europe across three sectors: manufacturing, distribution and retail; carriers; and logistics services providers. Delivery route optimization is the top tech choice to improve the productivity of labor workers.

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This Week in Logistics News (May 18 – 24)

Logistics Viewpoints

The bank said Friday that it is launching new “Supply Availability Indexes” via a blog posting on Monday that going forward will feature as part of its regular monthly surveys of regional business activity. Tractor Supply Company has gone big in Arkansas, opening its most high-tech distribution center yet. million-sq.-ft.

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5 Transportation Data and Insight Reports to Guide Freight Brokers

FreightWaves SONAR

More freight brokers are turning to technology and transportation data to grow their businesses by understanding the true freight market rate. . Part of that strategy lies in using the right transportation data, analysis and insightful reports, such as those provided within FreightWaves SONAR, to guide day-to-day operations.

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