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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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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 to Protect Your Customers & Brand from Ecommerce Fraud

Ship Monk

How to Prevent Ecommerce Fraud Ecommerce fraud occurs when hackers gain access to private, financial information one of two ways: either by gaining access to the customer’s credit card information through phishing or weak passwords, or by hacking into records stored by an ecommerce business with weak cyber security practices.

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Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

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How to Utilize Data to Drive Planning Changes and Improve OTD & Fill Rates

Blue Grace Logistics

The Logistics Blog®. How to Utilize Data to Drive Planning Changes and Improve OTD & Fill Rates. What kind of impact does a data analysis have on the supply chain? How can you develop and deploy a new strategy to drive planning changes? Webinars Show Submenu Resources. Whitepaper. Case Study. Adam White.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.

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How to Use ABC Analysis for Inventory Management (and the Added Value of XYZ Analysis)

EazyStock

If you’re wondering what is the best way to manage inventory with hundreds or even thousands of SKUs, you’ve found your answer: ABC analysis (otherwise known as ABC classification ). In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis.