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Cost-To-Serve Analysis Should be Core Planning Tool

Logistics Business Magazine

The hidden costs “Whether determining channels to market, or setting up or revising fulfilment and distribution strategies, the retailer needs a deep understanding of where the Costs-To-Serve are generated, how these vary across orders, and what actions can be taken to improve profitability on every order,” Adcock says.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

The Solution: Shippers Must Use Out-of-the-LTL-Box Strategies Shippers must take a more strategic approach to truckload procurement, explains CH Robinson via Supply Chain 24/7. Conducting annual procurement exercises. Leveraging a web-based and constraint-based bidding tool, such as a transportation management system (TMS).

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Using Data to Improve Supply Chain Operations

Material Handling and Logistics

Learn how to organize your data operations in alignment with supply chain strategy. Cloud-based supply chain management tools, the Internet of Things (IoT), artificial intelligence (AI) and machine learning are expected to figure prominently in future supply chain operations. More data is coming in than ever before.

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Door to Door Sales Tips: 10 Best Strategies for Your Delivery Business

WorkWave

From engaging with potential clients face to face to providing a tangible example of your product, learning how to sell door to door is a great skill to hone. . One effective strategy is to paint a vivid picture of solving a problem. Door-to-door salesman tips include considering how to talk about problem-solving.

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How OEE and MOM can be used to streamline manufacturing

SYSPRO Smarter ERP

But to understand how to do that requires information, and therefore the question is how to get accurate data to check that the plant, and the people on the shop floor, are performing? MOM is a set of software tools for viewing end-to-end manufacturing processes in order to optimize efficiency.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Within this discipline, one of the toughest challenges is how to get visibility to problems arising across the extended supply network. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Thirdly, the tool can improve their financial forecast.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

We’ll begin with a look at pricing strategy. Do You Lack Confidence in Your Pricing Strategies? If not, your pricing strategies could inadvertently limit your profit margins , either by throttling revenue or gifting sales to your competitors. Are You Missing Opportunities in Pricing Strategy?