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Editor’s Choice: Why Supply Chain Design Is Not a “One-and-Done” Exercise

Logistics Viewpoints

This is achieved through analysis, scenario planning, and simulation with end-to-end models, fueled by AI and powerful algorithmic engines. The post Editor’s Choice: Why Supply Chain Design Is Not a “One-and-Done” Exercise appeared first on Logistics Viewpoints. To read the full article, click HERE.

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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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Cost-To-Serve Analysis Should be Core Planning Tool

Logistics Business Magazine

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In CLICK HERE to download the full white paper.

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Mars Wrigley’s Highly Successful Supply Chain Digital Transformation

Logistics Viewpoints

The root cause analysis skill was developed to identify reasons for customer service level cuts and revenue losses. This exercise was previously a cumbersome manual exercise done on a weekly basis for the top 45 stock keeping units (SKUs). The analysis was not all that accurate.

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Freight Procurement is a Different Game

Logistics Viewpoints

An RFP is a data intensive exercise. This made the data analysis easier. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution. Even today, now that the pandemic shocks have largely worn off, 20% of this year’s lanes are new to the network.

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The Effects of Cultural Differences on Transportation and Logistics

MTS Logistics

Customs and Export Procedures Logistics companies need to exercise caution in navigating the varied customs procedures of different countries. Cultural Protocols and Business Habits Collaborating with companies from different cultural backgrounds requires sensitivity to business protocols, ceremonies, and cultural nuances.

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Continuing Education For Licensed Customs Brokers

MTS Logistics

It will also bring greater assurance that customs brokers are knowledgeable in customs laws and regulations, familiar with operational processes, and can properly exercise brokers fiduciary duties. The clients will benefit from better performance and improved compliance.