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7 Key Supply Chain Leaders’ Skills and Why You Need Them

Logistics Bureau

What are the essential skills you need to possess or develop if you want to become one of tomorrow’s supply chain leaders? In any case, an excellent place to start is by knowing what the most vital supply chain leaders’ skills are and, of course, why you need them. Information Technology and Automation Knowledge.

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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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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?

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How LTL shipping rates work and how to track trends developing in long-term pricing agreements

FreightWaves SONAR

LTL shipping rates would historically depend on freight class and the cost per hundredweight . In the past, calculating freight class depended on the physical weight of an item, as well as what else could be shipped within the same truck to set a cost per hundredweight (CPW). Density plays a role in the form of dimensional pricing.

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Selling Your Service Business: What Matters Beyond Valuation

WorkWave

WorkWave: How important is trust and transparency during the due diligence and negotiations processes? Meet the Expert At Senske Services, Jordan Cano serves as the Director of Mergers & Acquisitions, where he plays a pivotal role in driving strategic growth initiatives. Doing so requires thorough qualitative research.

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The Evolving Supply Chain Skills of the Workforce

Material Handling and Logistics

Supply chain management is a career that perfectly matches the skill set of the Millennial generation—if they can be persuaded to pursue it. Now they are not only being asked to give that over to the machines, but they have to learn yet more skills. Innovation, creativity and communications are the skills on that next rung.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. More Capacity and Cost Reduction A freight forwarder can develop several relationships and partnerships with all the carriers in the industry.