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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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How to Anticipate Supply Chain Issues

Logistics Business Magazine

Wincanton , experts in infrastructure logistics, have provided insight into how to anticipate issues within the supply chain. By analysing that data for where particular sticking points are, businesses can make informed decisions and set up adaptable strategies that can flex according to needs.

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Bringing Order to Chaos: Last-Mile Delivery Costs and How to Reduce Them

Locus

Read also: How to Calculate the Cost of Transport 2. A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Efficient fuel management can enhance route planning and capacity utilization.

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How to Optimize Your Customer Experience With Enhanced Optimized Routing

WorkWave

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Imagine ordering a package online and eagerly awaiting its arrival, only to face delays and uncertainties in the delivery process. Check out their full story here.

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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 More acutely, do you know what margin you are making?

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How to use AI for optimal stock levels

Log-hub

Maintaining optimal stock is not just about inventory management; it’s a strategic imperative that impacts customer satisfaction, streamlines order fulfillment processes, reduces lead times, and improves order cycle times, thus enhancing overall efficiency of the entire supply chain.

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Transportation cost analysis: Going beyond benchmarking for improved carrier pricing

FreightWaves SONAR

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Moreover, this kind of analysis does not focus on who ends up paying which expenses in the end. The challenges of limited transportation cost analysis.