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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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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Companies with global supply chains—a category which includes a fast-growing number of corporations, medium-sized companies, and even small businesses—can be standing on a cost base of which 90% is attributable to supply chain expenditure. . Supply Chain Strategy. Mini Case Study: Walmart.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Again then, it’s not difficult to see how the financial health of a business depends on that of the supply chain, or how probable it is that supply chain costs feature strongly in the demise of many companies that become insolvent. Supply Chain Strategy. Mini Case Study: Walmart.

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5 Mini Case Studies: Successful Supply Chain Cost Reduction and Management

Logistics Bureau

If you were to tell me that your company had never looked at its supply chain costs and sought to deliver reductions, I would be mightily surprised. On the other hand, if you told me your company hasn’t been able to sustain any progress in supply chain cost reduction, I wouldn’t be surprised at all.

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How To Stay Fit as a Truck Driver

Trinity Logistics

TABLE OF CONTENTS THE STATS ADD UP BENEFITS TO EXERCISE TIPS TO ADD EXERCISE INTO YOUR DAY HOW TO STAY FIT AS A TRUCK DRIVER – BEST EXERCISES FOR YOU. While sitting may be comfortable, it can come with a cost. Today, we’ll be focusing on exercise. BENEFITS TO EXERCISE. THE STATS ADD UP.

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How to Boost Worker Productivity by Promoting a Positive Mindset

GlobalTranz

Negativity in the workplace hurts worker productivity and costs money. Workers who are present but performing less than 100 percent due to illness or stress actually cost companies more on worker productivity than absent workers do, losing an average 12.4 days lost due to absence, according to a study by Willis Towers Watson.