Remove Analysis Remove Distribution Remove Presentation Remove Study
article thumbnail

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.

article thumbnail

Adopting EV Fleets Presents Challenges

Logistics Business Magazine

In fact, many businesses are presented with multiple barriers when they begin to adopt EV that can sometimes halt the process. Consider sharing success stories of similar businesses via case studies, reports or testimonials. The post Adopting EV Fleets Presents Challenges appeared first on Logistics Business® Magazine.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Predictive Analysis in Logistics and Supply Chain: How to Apply

3PL Links

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. This ratio increased to 54% in 2022.

article thumbnail

Key IT Advances Shaping Vehicle Logistics

Logistics Business Magazine

INFORM, a leading software developer specializing in artificial intelligence and operations research, is thrilled to announce its latest study on IT in vehicle logistics , highlighting key findings on IT and AI’s transformative impact in the vehicle logistics sector. Key Findings from the Report 1.

article thumbnail

Fatigued operators are 7.3x greater accident risk

Logistics Business Magazine

A 2013 study by the US Department of Transportation (US DoT) is receiving newfound attention, due to the recent release of ReadiML, the Machine Learning software from Fatigue Science that operationalises a scientific fatigue prediction model for daily use by transportation fleets. Greater risk from fatigued operators.

article thumbnail

The importance of building a business case for ERP

SYSPRO Smarter ERP

Implementing an Enterprise Resource Planning (ERP) system is a great place to start digitization of your manufacturing or distribution business to centralize all your data and streamline your operations for greater efficiency. However, various studies indicate that 70-90% of digital transformation initiatives fail.

ERP 52
article thumbnail

6 Critical Success Factors in Distribution Network Design

Logistics Bureau

If you’ve followed our blog over the years, you’ll know that we’ve shared lots of information about distribution network design, why it’s vital to get it right, how long it should take, the importance of reviewing the network every so often, and various elements of design such as determining the number of warehouses and where to locate them.