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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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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5 Inventory Reduction Strategies to Drive Cost Savings

EazyStock

However, holding too much can have a number of negative implications, such as high carrying costs , over-investment in stock and poor cash flow. So it makes sense to look for ways to reduce inventory and keep levels under control! What are the potential cost savings from inventory reduction?

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

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Freight Costs: 5 tips to get the biggest bang for your buck

FreightWaves SONAR

Freight costs and budget adherence are among the most important and often overlooked aspects of transportation management. The costs of logistics as a ratio of total expenses are too significant to ignore. The costs of logistics as a ratio of total expenses are too significant to ignore.

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Top 5 Barriers to Supply Chain Network Design Adoption and How to Overcome Them

Speaker: Brian Dooley, Director SC Navigator, AIMMS, and Paul van Nierop, Supply Chain Planning Specialist, AIMMS

Want to build your internal capability, reduce costs and make better decisions? You may have recently had M&A activity, about to roll out a new product line or need to cut costs. When you finally have the analysis, everything has changed, and it is no longer relevant. It's easier than you think.

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What is Preventive Maintenance: Staying Ahead of the Curve

Conger

By carefully planning and scheduling maintenance before issues arise, businesses can avoid interruptions and reduce costs associated with emergency repairs and downtime. Continue reading to learn more about this essential strategy to ensure your equipment performs optimally at all times. Let’s dive in!

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Freight Cost Volatility Impacts on Inflation – An Analysis

Freightos

From lockdown-induced purchasing highs, soaring logistics costs and supply chain snarls to waning demand, soaring inflation, and fears of recession – there has never been a dull moment. . The role logistics costs have played in increased or decreasing inflation is now more relevant than ever. . This deserves more exploration.