article thumbnail

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.

article thumbnail

Marketing Strategies for Small Businesses: 6 Steps to Building the Perfect Marketing Strategy 

GoShip Blog

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. Why a Solid Marketing Strategy is Important A marketing strategy refers to a business’s action plan for achieving its short and long-term goals and developing a sustainable competitive advantage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

Efficient inventory management, layout organization, and operational strategies are key to meeting customer demands while minimizing costs and maximizing profits. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

article thumbnail

Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis

Log-hub

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

article thumbnail

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.

article thumbnail

What’s Next for The Freight Market with Chris Pickett

The Logistics of Logistics

Chris is the Chief Operating Officer at Flock Freight , a technology company that is on a mission to solve the US trucking industry’s wasted capacity problem. Joe Lynch and Chris Pickett discuss what’s next for the freight market. in Industrial & Systems Engineering from Virginia Tech, an M.Eng.