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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. We’ll begin with a look at pricing strategy.

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A Guide to Becoming a Shipper of Choice

Blue Grace Logistics

Becoming a Shipper of Choice Show Submenu Resources The Logistics Blog® News Press Whitepaper Case Study Webinars Indexes Search Search BlueGrace Logistics - August 15, 2023 In logistics , being recognized as a shipper of choice is a prestigious accolade that signifies operational excellence and strong industry relationships.

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Freight Broker Business: Increase Shrinking Margins With Better Analytics

Turvo

Of course, these problems all lead to fewer bookings and worse profit margins, but a darker side remains. Analytics and Data Enable Better Planning and Cost Reductions Using analytics is also crucial to identifying errors in shipping invoice data and reducing the amount of time lost between booking and getting paid.

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Online Learning is Growing Exponentially—And it’s Here to Stay

Logistics Bureau

Whereas online courses and programmes were previously managed as a separate entity, they are now an integral part of most academic systems. Even before the arrival of the pandemic, the global e-learning market was expanding at an astonishing rate, with a 2019 study estimating that it would reach $336.98 Article Summary.

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Myth or Truth? 6 Tips for ERP implementation success

SYSPRO Smarter ERP

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. MYTH: Price is the most important selection criteria when choosing an ERP.

ERP 105
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Top Ten Tips to Boost Supply Chain Performance to Best in Class

Logistics Bureau

And check out some more resources at the bottom). I’ll also be providing some step by step guides and tools on these at our Free Seminars Series in February and March, but more on that later. Allow enough time and resources for the process, as it typically takes up to 4-5 months just to select the right partner.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

While this article is intended as an evergreen resource, to help you navigate in your search for a supply chain job, and is not a COVID-19-specific guide, the pandemic has galvanized attention on the industry and its criticality. Another study reveals that the demand for supply chain talent exceeds supply by 6 to 1. Finance managers.