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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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 STILL presents smart solutions in wide-ranging announcement

Logistics Business Magazine

Concept study: The first circular forklift truck. This strategy is based on consistent waste avoidance and resource recycling in all areas that have to do with the creation, use and recycling of a STILL product. This will make STILL the first original equipment manufacturer on the European market with its own fuel cell production.

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Managed Services Clarifies Data In The Chemical Supply Chain

Trinity Logistics

Advanced reports can include accountability, analyzed freight spend, lane analysis, and carrier performance to name a few. Lane Analysis Reports. Analyze changes in rates by lane and predict trends in your freight costs with a lane analysis report. Money is often wasted on unknown and unnecessary expenses.

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Manufacturing Operations Management (MOM) and the inflection point for digital manufacturing

SYSPRO Smarter ERP

Similarly, a 2021 study from McKinsey showed that just 19% of companies that had adopted Industry 4.0 What it all led to was inefficiencies in decision making: When you rely on manual systems, you can never have total confidence in the information you’re presented with as a decision-maker.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Quality and Detail of Data and its Analysis In some of our earlier posts, we’ve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

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Reduce Packaging Innovation Day

Logistics Business Magazine

The focus of the event was on nurturing talent within the company, providing a day of study and in-depth analysis to showcase innovations in an industry that has persevered despite recent challenges and discovered opportunities for growth and improvement.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. Waste – which can be time-related, or associated with stock damages or loss. Which process steps cost the most, and the least, to complete? Rework – due to errors.