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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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Volga-Dnepr’s Cargo Supermarket Offering Delivers Insulin from Milan to Chicago

Airfreight Logistics

This shipment is a great example of collaboration between carriers, ground handling agent, freight forwarder, container manufacturers, airport and customs authorities. Understanding the supply chain constraints now is primarily important as there is still time to fix any discrepancies we might have before COVID-19 vaccine regular shipments.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. More supply chain companies sharing more real-time data creates richer opportunities for benchmarking, analysis, insights and collaboration to drive business benefits for all parties.

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. By grouping a particular number of customers together, profitability can also be evaluated for a customer or market segment.

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Warehouse Product Slotting: The Ultimate Guide

Logistics Bureau

Slotting a warehouse product is the same, for example, as placing your umbrella close to your front door at home, so it’s easy to pick it up and run when it’s raining, and you’re late for work. It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

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Data standardization and its benefits – Executive Insights with Thomas Bagge, CEO of DCSA

Shipping and Freight Resource

Executive Insights is a series by Shipping and Freight Resource that provides useful insights and thoughtful analysis on what is happening in the maritime, shipping, freight, logistics, supply chain and trade industries. For example, in the airline industry, everything is digitalized now and this happened because IATA has been defining the.

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11 Golden Rules for Meaningful Supply Chain KPIs

Logistics Bureau

In an attempt to help you keep your supply chain organisation from analysis paralysis, metric manipulation, or measurement misnomers, I decided to use this post to share nine important guidelines, or golden rules, for benchmarking your business and monitoring performance using meaningful supply chain KPIs.