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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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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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Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. An RFP is a data intensive exercise. This made the data analysis easier. This made the data analysis “painful.” We did not have a great spot tool.” Simmons always does an ROI analysis prior to purchasing a solution. The freight market is mercurial.

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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

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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. As a result, you must exercise extreme caution when selecting each partner, making sure they have sufficient security procedures and resources in place.

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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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How much stuff is enough?

Logistics in War

The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network. This will support an effective demonstration of probable outcomes during the planning phase based on selected COAs, supported by an ability to intervene where required.