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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?” Only a complete cost-to-serve analysis will expose these underlying issues unless they happen to be discovered incidentally.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Which process steps cost the most, and the least, to complete?

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. In procurement, cost analysis is not just about the price of your company’s purchases. 7 Procurement KPIs You Should be Using.

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No Supply Chain Strategy? Here’s How to Develop One

Logistics Bureau

As you’ll know, if you follow our blog regularly, Logistics Bureau does a great deal of work related to supply chain strategy development and alignment. Another thing we talk about quite often on our blog is how companies often misjudge the needs and preferences of their customers. Step 1: What do Your Customers Want?

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

To assist with the short-term solution, the answer is an extensive data-gathering exercise. You can see critical stats such as outstanding customer accounts as well as an age analysis of those accounts and interpret the data in a meaningful way. Use data to improve operations.

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6 Benefits of Applying Useable Data in Logistics For Continuous Improvement

GlobalTranz

Overused and misunderstood in blog posts and informative articles, “big data” describes the use of data to improve your operation, which includes shipping, warehousing, and supply chain processes. However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Metrics and KPIs.

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How Freight & Transportation Data Can Trim Your Transportation Spend

GlobalTranz

Transportation spending is a perennial target of budget-cutting exercises, and a large, multi-faceted cost center for many companies; some may spend three to six percent of their materials costs on transportation. We recommend you download that white paper by visiting that blog post here.

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