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Körber Elevate 2024: Chart Your Course

Logistics Viewpoints

The theme this year was “Chart Your Course” which Richard Stewart, EVP Americas at Körber Supply Chain pointed out, is all about overcoming supply chain complexities and challenges. Mr. Elliott made two statements early in his presentation that stuck with me. First, supply chains do not operate in isolation.

Course 153
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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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LTL in a Post-Yellow World with Curtis Garrett

The Logistics of Logistics

Curtis’ career has taken him through LTL operations – both driver and dock, Weights and Research, pricing, yield management, strategy, sales, and technology. Their flagship course, Understand LTL: Building an LTL Brain , was released in November 2022 and is designed to make LTL less frustrating and intimidating.

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What is Supply Chain Consulting?

Logistics Bureau

When these issues arise within your company’s supply chain operations, supply chain consultants can diagnose the issues, offer cost-effective solutions, and help ensure smooth implementation. Often, people think that supply chain consulting is about reducing costs.

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From Push-Cart to Cutting-Edge Robotics: China Skips Traditional Warehouse Automation

Logistics Viewpoints

Of course, this was an exaggeration, but it illustrated his point well. “ Of course, fiber optic land lines offer greater bandwidth. And warehouse robotics offer throughput increases with lower capital costs, quicker time to value, and greater flexibility than many traditional forms of automation. But bandwidth is one dimension.

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The Most Important and Most Misunderstood Concept in Business - Opportunity Cost

10xLogistics

The term opportunity cost is thrown around a lot in business. My intent in this blog post is to try to explain why you should always consider opportunity cost in every decision you make. Opportunity cost! The concept of NPV (Net Present Value) tries to get at this. This is the opportunity cost.

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Vertical Integration in the Supply Chain: A Full Guide

Logistics Bureau

Horizontal integration has become the go-to value chain strategy over the last two or three decades, to the point where companies that insisted upon remaining vertical became the outliers in a global field of distributed organisations. For Starbucks, vertical integration is a risk mitigation strategy.