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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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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. The post Global Logistics Market Analysis: 2022 Summer Edition appeared first on More Than Shipping. Let’s not forget U.S. West Coast ports and dockworkers are negotiating a new labor contract.

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Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues

MTS Logistics

In politics, it can of course be necessary at times to portray events as relatively simple in order to reach a wider audience. The post Analysis: Why the Biden Administration is Not Being Honest About Supply Chain Issues appeared first on More Than Shipping. President Joe Biden’s State of the Union address last week.

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The Red Pill: The (Slow Yet Steady) Revolution in Global Freight Digitization

Freightos

But, of course, when dealing with systems that operate at such scale, exceptions happen. For a deeper dive into the latest freight market trends, I strongly recommend Judah Levine’s weekly freight analysis, which you can register for right here. Surely all the technology and guardrails should prevent this type of disaster.

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Demand Forecasting in an Inflationary, Supply-Constrained, Semi-Post-Pandemic Environment

Logistics Viewpoints

I tend to use time series analysis as an anchor to my forecast, as I suspect many of you do. In the first half of 2020, my European colleagues Florian GĂĽldner and David Humphrey conducted a thorough scenario analysis to estimate the potential impact of the corona virus on automation markets and supply chains. Final Word.

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4 Ways to Enhance Warehouse Efficiency with Prescriptive and Predictive Analytics

Logistics Viewpoints

While predictive analytics seeks to answer questions such as “what might happen in the future,” prescriptive analytics goes beyond by recommending the best course of action going forward. Rob also holds a Bachelor of Science degree in Mathematics & Political Science from the University of Alabama.

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The Most Important and Most Misunderstood Concept in Business - Opportunity Cost

10xLogistics

If you assume that is true then where is the analysis of what the dollar or minute could be doing? Time, of course, is your most valuable resource and that is completely fungible. If they cannot answer that question, then they have not done good project analysis and they are not allocating scarce resources efficiently.