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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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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? The concept of NPV (Net Present Value) tries to get at this. Time, of course, is your most valuable resource and that is completely fungible. Theoretically, any project with a positive NPV should be funded.

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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

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The Global Warehouse Automation Market is “En Fuego”

Logistics Viewpoints

Similarly, a Honeywell investor presentation stated that its Intelligrated business grew by approximately 50 percent in 2021. Do they have reason to believe it has run its course? Below are a few interesting tid bits from the publicly available information I have reviewed so far in my analysis of the global warehouse automation market.

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How IoT Brings Railway Efficiency to Dutch Rail Network

IoT World Today

Of course, you can build more tracks and there are places in the Netherlands where it would be easy to do this, but in areas like the Randstad conurbation, where extra capacity is needed most, it’s going to be difficult,” said Pier Eringa, CEO of ProRail in an article on the railway’s efforts to boost capacity and speed.

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IFOY Test Report: Computed MyoGraphy by Predimo

Logistics Business Magazine

With Computed MyoGraphy, it is possible to define overload as a key figure that has a direct influence on lost work days, thus enabling a “real” ergonomic analysis. In the area of process analysis, state-of-the-art tools are used that can be used without integration into the IT structure.

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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. ” And that is what takt time gives us.

Capacity 360