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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 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’.

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The Pros and Cons of Different E-commerce Shipping Pricing Methods

GoShip Blog

There are several shipping pricing methods for e-commerce businesses–each with its strengths and weaknesses. Flat-rate shipping is a pricing method where the shipping fee depends on the size of the box or envelope rather than the item’s dimensional weight. Pros and Cons of Flat-Rate Shipping Method. Pros of Flat-Rate Shipping.

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How to Best Use a Spot Market Strategy During This Market Shift

CH Robinson Logistics

Our academic research continues to show that contracted freight in a hierarchical route guide provides great service and price. Every business has a responsibility to develop strategies that take advantage of the best market price and service. However, it also shows that some freight does not do well in a committed route guide.

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Top 3 challenges facing manufacturers and how to overcome them

SYSPRO Smarter ERP

We live in a time where we can purchase almost anything with a click of a button. In a SYSPRO-led research study 37% of businesses agreed that their business systems lacked those basic planning tools that could adjust to day-to-day changes in the environment. Transitioning to B2B e-Commerce. Maintaining competitive advantage.

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Brand Values: How to Increase Your Customer Loyalty

GoShip Blog

They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers. million metric tons of CO2.

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Demand Forecasting in Logistics: How to Increase Your Supply Chain Income?

GoShip Blog

A successful business is unlikely without studying your audience. Demand forecasting is a highly efficient tool for any business type. You can invest saved costs into more wanted products or launch a new line. According to statistics, about 80% of customers prioritize personalized service when purchasing.