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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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Resources for Women in the Skilled Trades

WorkWave

show ] What Are the Skilled Trades? Studies show that when the women’s labor force participation rises , so does the economy and the GDP. labor force has been a complicated narrative, especially in skilled trades. What Are the Skilled Trades? Table Of Contents. Women’s participation in the U.S. million jobs.

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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. SRM is more than a one-and-done analysis. Compare the negotiated price and promised savings to the actual price you paid for goods.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. You could be particularly numerate, or into analysis.

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

GlobalTranz

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. While on-site evaluations aren’t required, visiting your carriers can help you build better relationships, improve communication, and improve supplier risk management skills.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management. We have different tools to incorporate these trends in our program. But hard skills must be coupled with soft skills.