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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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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

During these summits, employees from different areas of the ShipMonk operation have the opportunity to learn from heads of departments, ask questions, and refine their eCommerce mindsets. Immerse yourself in a bit of that dream now by touring the ShipMonk operation in under 45 seconds, or even applying to join the team today!

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How to Protect Supply Chain from Cyber Attacks

3PL Links

People who operate in the supply chain ultimately communicate through alternative channels, even in the presence of dependable systems, applications, and other tools at their disposal. Thus far, we have discussed the internal operations of the organization. Micromanagement just causes internal company operations to lag.

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How much stuff is enough?

Logistics in War

So why do we see hoarding behaviour on operational deployments? If the operational commander endorses the requirement, the enabling organisations will make sure that the material/service (and some) is made available as a priority. In most instances, limits to budgets and storage capacities prevent hoarding to a great extent.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending. The Pros and Cons of Procuring a Benchmarking Tool.

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Are your L&D programs reaping the outcomes you need?

UL EHS- Sustainability

But when organizations are unsure of the root cause of an operational issue, assigning employee training can offer dramatic insight and measurable data leading to enhanced performance, improved production and even internal cost savings. The best training strategy in the world can’t fix operational issues. When conducting a TNA: 1.

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TEST Shipping Data: How Machine Learning, AI, Automation & Chatbots Create Hyper Efficiency

RPA Labs

Robotic process automation (RPA) leverages innovative software tools that can either partially or fully automate human activities to become more efficient and productive. Trying to meet current market demands with obsolete systems is an exercise in futility, and that is causing many shippers, carriers, and forwarders to struggle.