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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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Supply Chain Mastery: Innovative Strategies for Importers

MTS Logistics

However, importers can significantly enhance their supply chain’s efficiency and reduce costs, while also improving customer satisfaction and increasing profitability by implementing several essential strategies. This can include training in areas such as data analytics, lean principles, and supplier management.

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Seven Important Skills Every Supply Chain Leader Needs

Blue Grace Logistics

However, good leadership skills and information savviness alone are not enough to handle the supply chain function and manage the team. There are other necessary capabilities apart from business know-how and general leadership skills that a supply chain leader needs to lead the function efficiently and effectively.

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Coupa Leverages Community Intelligence to Power AI

Logistics Viewpoints

Coupa’s BSM platform is based on a public cloud that connects 3500 buyers to ~10 million suppliers. This technology allows businesses to unify their procurement, expense management, invoicing, payments, sourcing, contract management, and spend analysis processes and reporting. This solution provides for purchase order collaboration.

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Maximize Ecommerce Supplier Relationships

Ship Monk

So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. The last time they raised prices?

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Skills Gap: Why It’s Creating New Manufacturing Opportunities

GlobalTranz

manufacturing industry faces a serious crisis, the skills gap. Unfortunately, the skills gap only appears to be growing worse, but it is creating several groundbreaking manufacturing opportunities. . Millennials have grown up in an era of digital advancements, including smartphones and advanced computer skills. In the U.S.,

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Schneider Electric’s Works with EcoVadis to Drive Supplier Emissions Engagment

Logistics Viewpoints

Suppliers are facing increasing pressure from the buyers of their goods and services to report their environmental, social, and governance data. The data collected from the assessment is used to provide an internal sustainability scorecard that is shared by the supplier to their customers (the buyers).