Analysis Course Procurement Analytics Study 
Logistics Bureau
SEPTEMBER 4, 2023
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.
Ship Monk
APRIL 5, 2024
The fact is, most business owners think of procurement as nothing more than a transactional relationship. 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. Was it the last time you placed an order? The last time you signed a contract?
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Logistics Bureau
NOVEMBER 16, 2020
It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Why Choose a Job in the Supply Chain Industry?
Logistics Viewpoints
AUGUST 11, 2023
It’s taking semiconductor firms more than twice as long as their peers in other industries to hire personnel such as technicians or mechanical engineers, with the typical process stretching to about three months, according to an analysis of the top 50 chip producers in the US by Revelio Labs, a labor-market data analyst. percent to $65.5
Logistics Viewpoints
FEBRUARY 8, 2022
As physical stores opened, shut down and re-opened again, consumers became more flexible in the way they shop for, and purchase, just about every product. As disruptive events occur along the digital thread, the entire organization can act in a fluid, connected manner to optimize costs, service levels and other outcomes.
Logistics Viewpoints
MARCH 1, 2021
Once the analysis was done for Year One set up, Year Two was pretty much the same. It was predictable. What PMI needed, considering the long planning horizons, was a digital and analytics network design and supply optimization tool. Analysis and scenario formulation lead time went from weeks to days.
Logistics Bureau
JANUARY 7, 2020
Of course, it is helpful to have some statistics on hand to validate the statement above. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Mini Case Study: Walmart. Mini Case Study: Whirlpool. If you want business success (and who doesn’t?),
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