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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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REPOST: What Will Tomorrow’s Freight Broker Do with Ben Buchanan

The Logistics of Logistics

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. In the interview, Ben describes 5 things that freight brokers will be expected to do in the very near future.

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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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What Will Tomorrow’s Freight Broker Do with Ben Buchanan

The Logistics of Logistics

Of course, some of the industry leaders like Loadsmart are delivering these innovations today. Instantaneous freight quotes created by a dynamic pricing tool that delivers the right price with guaranteed capacity. In the interview, Ben describes 5 things that freight brokers will be expected to do in the very near future.

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Transportation Business Intelligence: Drowning in Data or Winning with Insights?

Talking Logistics

This is especially true in transportation management, as companies work across many modes, many geographies, and many sources of data, including from GPS and mobile devices. The type of analyses you can do today were really challenging, if not impossible, before the advancement of business intelligence tools.

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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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How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy?

GlobalTranz

Alternatively, managers may want to implement big data in areas that would not necessarily require much change management, such as the actual transportation of goods and products after leaving the facility. LinkedIn The post How Do Supply Chain & Transportation Leaders Get Started Using Their Big Data Strategy? Hand-held scanners.