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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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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. You could be particularly numerate, or into analysis.

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How Supply Chain & Logistics Companies are Mitigating Labor Shortages

Logistics Viewpoints

The study showed that the workforce problem is pervasive, with 76% of respondents indicating they are facing notable shortages. The study also provided insight into what companies are doing to address it. Following the younger worker theme, investing in workforce skills is also very important to retaining workers in this demographic.

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Maximize Ecommerce Supplier Relationships

Ship Monk

So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. SRM is more than a one-and-done analysis. Compare the negotiated price and promised savings to the actual price you paid for goods.

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[INFOGRAPHIC] Expert Reveals 7 Supply Chain Trends to Watch

GlobalTranz

Many studies state that those who can manage the functions with the supply chain, they have a competitive advantage. Monitoring and analysis of this data may provide opportunities to intervene before issues becomes major problems. Unfortunately, the traditional workforce training models do not support the current needs.

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Supply Chain Talent Matters More than Ever

Logistics Viewpoints

It is not just about training people in their current role, but it’s also about developing people to the maximum of their potential. A skills assessment survey was done to measure potential gaps against a pre-determined skills matrix. Based on the findings, a skills enhancement program was created.

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Supplier Risk Management: 4 Things To Look Out for During On-Site Evaluations

GlobalTranz

” In the process of business procurement and especially in the supply chain, supplier risk management is a skill set that needs focus day in and day out. While on-site evaluations aren’t required, visiting your carriers can help you build better relationships, improve communication, and improve supplier risk management skills.