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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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Execution IS A Strategy

10xLogistics

First, it is interesting that "flawless execution" does not get the respect it deserves and if you dedicate your life to this you are somehow working on something "less" than strategy. The top performers deal with strategy and all others deal with the day to day execution - or so the top consultants will say.

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The Role of Data Analytics in Supply Chain Management

3PL Links

The Role of Data Analytics in Supply Chain Management | Image source: Pixabay This article describes the transformation that data analysis and the supply chain are fostering and how it will impact business intelligence. Intelligence-driven businesses are interested in supply chain management and data analysis.

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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. A PricewaterhouseCoopers study showed that after negotiating a contract, an average of 25% of the savings were lost during the implementation process. If so, good on you!

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This Week in Logistics News (August 5 – 11)

Logistics Viewpoints

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.

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How to Write a Winning Business Plan

Ship Monk

In fact, studies show that business plans boost future growth and performance by as much as 30%! Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Competitive Analysis. Those are all fill-in-the-blanks, of course. ??. #6. Marketing Strategy. These two work in tandem. #4.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. Mini Case Study: Walmart.