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

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

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Supply chain trends to watch out for in 2023

Logistics Business Magazine

Usman Khan, Senior Director of Industry Solutions at o9 Solutions: One major impact that we’re seeing in the oil and gas industry is a disruption in operations stemming from raw material shortages and delays, and headwinds brought about by inflation boosting up the price of materials.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Mini Case Study: Walmart. Built strategic partnerships with vendors to drive down prices.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

We find that a skill set in another discipline gives students a competitive advantage because it can enhance how they practice logistics and supply chain management. But hard skills must be coupled with soft skills. This often requires substantial interpersonal knowledge and skill.

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Continental commitment by African Governments to school feeding

World Food Programme Logistics

21 countries in the region have home-grown initiatives which link local agricultural production to purchase for local school feeding, with a clear intent to benefit farmers and communities as well as children. Purchasing locally grown foods for school feeding programmes helps the wider community.