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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Of course, it’s always possible to factor estimates of those costs into your product or service pricing, but then you can find yourself overpricing them. Are Your Profit Margins Declining?

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3 Ways to Benchmark to Boost Supply Chain Performance

Logistics Bureau

If you’ve never done a benchmarking exercise before, read on. It would, of course, be what the winning time was when this race was last run in your district. Case Study: An Automotive Parts Business. You might know other people in the industry who are also operating warehouses so you might agree to share some data with them.

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Forklift Safety Training: The Ultimate Guide

Conger

In 1984, a study was conducted by the National Institute for Occupational Safety and Health (NIOSH) to determine the effectiveness of a lift truck safety training program. The instructor may give a lecture, show a PowerPoint slideshow, play videos, or host a question-and-answer exercise to discuss training topics. Online courses.

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Cloud & Big Data. Case Studies. |. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support. These 3 master data elements contributed to almost 50-60% of planning issues. Banking Suite.

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Modeling brewing capacity to drive cost savings at HEINEKEN

AIMMS

But it had its limitations, of course. For instance, if I wanted to know what the HEINEKEN canning capacity was in Asia, I would have to sum up 20+ Excel files to sum up the data for all the breweries. There was no global master data in place either. But we still need them to input their data to get global insights.

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COVID-19 Lesson: Make Your Supply Chain More Resilient

Logistics Bureau

Once this exercise is completed, your company can then assess the risk from tier-two suppliers onwards. Because capital costs are higher, however, company leaders must study the finances and determine if such a move would improve your ability to serve customers while remaining competitive.

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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. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.