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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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Toyota Kata: What If There Is No Takt Time?

The Lean Thinker

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. Don’t Confuse the Tool with the Goal.

Capacity 360
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IFOY Test Report: Computed MyoGraphy by Predimo

Logistics Business Magazine

Computed MyoGraphy is a tool for evaluating workplaces in terms of ergonomics and process efficiency. In combination with fully automated process and material flow tools or simple productivity verifications, precise key figures for ergonomics and productivity can thus be defined.

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Truck fleet management: How are my trucks performing in the market?

FreightWaves SONAR

By using strong management and analysis processes, supply chains can maximize value and stay competitive. Of course, that all depends on seeing the activities that are occurring, benchmarking current carrier operations and continuously improving. And freight KPIs can serve as a valuable tool for freight market intelligence.

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Maximize Ecommerce Supplier Relationships

Ship Monk

Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. SRM is more than a one-and-done analysis. For example, evaluate processes including invoicing, payment, tech integrations, communications, timely approvals, and customer service responses. If so, good on you!

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Using Predictive Analytics For Better Supply Chain Resilience

Blue Grace Logistics

Approaching a demand analysis with historical data and seasonal variations is no longer competent. Brand identity, interactive marketing campaigns and differential lifestyles complicate a perfect trend analysis model. Combining regular data analysis with human touch and giving context to these results will create meaningful decisions.

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Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

But the most successful learning and development teams also understand how to measure the success of each training course and react accordingly. A training needs analysis (TNA) will identify where employee training can make a meaningful contribution towards improving performance. When conducting a TNA: 1.