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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. What Are Your Freight Benchmarking Options?

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

But, of course, what those circumstances are is for you to decide. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

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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. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Are Your Profit Margins Declining?

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Use the New GDPR Legislation to Rethink the Way You Market

Logistics Marketing Advisors

Communication is a two-way street, of course. cookies and Google Analytics tracking) of sites/companies that they wish to hear from or otherwise interact with. If an honest assessment points more to the latter, now is a good time to course correct. I don’t have time to overhaul the way I communicate.” Technology can help.

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We came up with an action plan of having a MDM Quality Report based on Product-Locations master data, Transportation Lanes & Production Process Models (PPM) master data from APO Production environment.

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Supply Chain & Logistics Education: Ask the Professors

The Logistics Academy

They not only have to present the models to demonstrate their understanding, but they also have to relate the models to real companies. Darren Prokop, University of Alaska Anchorage (UAA): As in the academic world in general, there is a trend to online course delivery. But hard skills must be coupled with soft skills.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Those expenses can increase the cost to serve by a considerable amount. Why Modeling Makes Sense. Equipment use.