article thumbnail

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.

article thumbnail

Developing a Distribution Strategy with Matt McGregor

The Logistics of Logistics

When selecting a location consider the rent, utility costs, access to expressways, labor availability, labor costs, labor demographics, infrastructure, public safety, building layout including docks, and warehouse vs office space. How to Hire a Real Estate Broker. Elements of a successful distribution strategy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Embracing Strategic Digitalization to Stay Ahead of Tech Obsolescence

Locus

If we consider the average cost of a new car in the United States was approximately $40,000 in 2021, this increase is equivalent to almost 4 billion new cars. Strategic digitalization is not an option—it’s a necessity to survive in this fast-paced, digitally-driven environment, effectively seizing market opportunities.

article thumbnail

How to be Economical While Saving on Commercial Waste Management Costs

Compactor Management Company

Furthermore, they usually get into a long term contract with Waste Management Services or local haulers with fixed prices for waste management. A recent study reveals that solid waste management’s industry share is projected to witness a 2.3% Companies can control these costs by negotiating their waste collection contracts.

article thumbnail

How to be Economical While Saving on Commercial Waste Management Costs

Compactor Management Company

Furthermore, they usually get into a long term contract with Waste Management Services or local haulers with fixed prices for waste management. A recent study reveals that solid waste management’s industry share is projected to witness a 2.3% Companies can control these costs by negotiating their waste collection contracts.

article thumbnail

How to Get a Job in the Supply Chain Sector

Logistics Bureau

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. One study shows that one in three companies in the United States has jobs that are taking nine to 12 months to fill. Sea Change—A Supply Chain Career is now seen as ‘Cool’.

article thumbnail

The Weekly Freight Report for May 12th, 2022

FLS Transport

This week’s report covers safety improvements for commercial trucks, soaring diesel prices, port dockworker negotiations, fuel-saving technology for trucks, and the food supply chain providing hunger relief aid. SAFETY IMPROVEMENTS | NHTSA study on safety technology seeks opinions from commercial drivers. Click here.