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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

article thumbnail

The Biggest Shipping Challenge in 2022: Securing Market Capacity & Pricing

MTS Logistics

Despite labor shortages for supply chain operations, limited warehouse space, congestion and lead time issues, the biggest problem in the shipping industry is still securing market capacity and pricing. How is ocean capacity and pricing looking heading further into 2022? Other challenges also remain for market capacity and pricing.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Whether your company is a big or small player in terms of shipping volumes, and regardless of your chosen transportation modes (road, rail, ocean, air), the health of your bottom line depends in no small part on the competitiveness of your freight prices. So how can you be sure you’re getting the best freight rates possible?

article thumbnail

The realities of logistics and strategic leadership: lessons from the ADF’s senior-most logisticians

Logistics in War

Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

article thumbnail

The realities of logistics and strategic leadership: lessons from the ADF’s senior-most logisticians – Part 1

Logistics in War

Through anecdotes, insights and the narration of history valuable lessons were given by these leaders with respect to a wide variety of strategic issues in Defence logistics. Although discussed in the context of strategic logistics they are broadly applicable, and many are clearly relevant to effective strategic leadership.

article thumbnail

The realities of logistics and strategic leadership: lessons from the ADF’s senior-most logisticians

Logistics in War

Through researching the way in which the ADF has prepared and mobilised its logistics capabilities at the strategic level, I have been extremely fortunate to interview a range of senior military officers and public servants. Strategic failure. By David Beaumont. This is often the case with respect to logistics.

article thumbnail

[INFOGRAPHIC] How to Become a Freight Broker: Your Ultimate Guide

GlobalTranz

They negotiate good shipping rates and fast deliveries from transportation companies, and connect them with the businesses that need to transport goods or cargo, so carriers can maximize their loads. Refresh or Develop Some General Skills. Essentially, freight brokers keep the economy running. What does a freight broker do?