article thumbnail

Go to Market Strategy before Supply Chain Strategy

10xLogistics

There are a lot of conversations happening relative to all sorts of strategies for supply chains (and no lack of consultants who want to sell you on the latest and greatest ideas). My thesis here is that the first thing you have to develop and fully understand is your business' go to market strategy. Just do what you say you will do.

article thumbnail

Digital Compressed Air Monitoring Cuts Costs

Logistics Business Magazine

SICK has unveiled a pioneering compressed air monitoring system that accurately predicts where significant energy cost-savings can be made by fixing air leaks and removing wastage across entire logistics facilities. They can make their production processes more sustainable, for example by reducing their CO2 consumption.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Most Overlooked DC Performance Strategy

Logistics Viewpoints

with one of the highest costs of living. For example, related to warehouse technology, a recent Lucas Systems industry study found 89% of respondents agreed that implementing artificial intelligence-based software within distribution centers can provide a competitive advantage. These traits all present great opportunities to automate.

article thumbnail

Maximize Efficiency and Reduce Carbon Emissions with UK Manufacturing

Logistics Business Magazine

However, localising production in the UK permits quality control, safeguards against exchange rate volatility, and significantly reduces a company’s carbon footprint. At present, a fully lorry load of plastic boxes weighing 4.6 Therefore by manufacturing in the UK, Palletower will reduce their emissions dramatically.

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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

article thumbnail

How to Calculate Overhead Costs in Field Service: Complete Guide

WorkWave

Calculating overhead costs in field service is an essential aspect of running a successful business. By accurately calculating overhead costs, field service businesses can ensure they are pricing their services competitively and making informed decisions about their operations. What are overhead costs?

article thumbnail

AI-Powered Inventory Planning for Better Sleep

Logistics Viewpoints

With tart cherry juice sales transitioning into a steady demand pattern, retailers must adapt their inventory strategies accordingly to meet this evolving consumer preference. It serves as a compelling example of how retailers must reassess their inventory strategies to adapt to rapidly shifting market demands driven by trends.