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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

If you can only say “No”, I will not be surprised, because many companies have never drilled down into the costs involved in selling specific SKU categories, individual SKUs, or providing particular services connected with those sales, to specific customers or customer categories. And that is the sole purpose of cost-to-serve analysis.

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The Impact of Hurricanes on Transportation and How to Build a Storm Resilient Supply Chain

247 Customs Broker

Hurricanes have massive impacts on transportation capacity and spend. Hurricane Impacts on Transportation. Three of those seven are expected to be major hurricanes, Category 3 or higher, with winds reaching a minimum of 111 mph. Shippers should plan ahead for possible storm fees when budgeting transportation.

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How to Get Your Forklift License: The Ultimate Guide [New in 2020]

Conger

But if you’re new to forklifts, you probably have a lot of questions: How do I become a forklift operator? What do I need to study? How do I get certified? Chapter 4: How to Pass Your Forklift Certification Test With Flying Colors. How to Decide If the ‘Operator’s Life’ Is Right for You.

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Achieving Maturity in Risk Management Takes Years

Logistics Viewpoints

In the case of network-based risk management solutions, a network of users is connected to carefully curated real-time alerts generated by connections to a huge number of online publications, social media feeds, and third-party purchased data. But the hit AGCO took was much smaller than their competitors and the company gained market share.

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Why Containerised Freight Shipping is Daunting for SMEs

Logistics Bureau

Our aim here, if you’re new to the world of commercial importing and exporting , is to help you know what to look out for and where/how to concentrate resources to gain traction against larger competitors in what is becoming an ever-more-competitive arena. The domestic transport in the country of import.

Freight 91
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How to Operate Your Distribution Truck Fleet at Less Cost

Logistics Bureau

But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Another asset-reduction strategy is to outsource your transportation for particular categories or locations.

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Supplier Quality Management: What it is, 5 Key Metrics to Know & a 4 Step Supplier Evaluation Process

GlobalTranz

Editor’s Note: This is the first in a three-part series on Supplier Quality Management processes and how to evaluate your suppliers from Chuck Intrieri of The Lean Supply Chain. Therefore, it is paramount for you as a logistics and supply chain professional to have a keen sense of how to properly evaluate a supplier.