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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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Toyota Kata: What If There Is No Takt Time?

The Lean Thinker

At KataCon 2020, Steve Medland posed a problem that comes up fairly often: The default Toyota Kata process analysis (“grasp the current condition”) involves determining takt times and cycle times for the process, and a lot of processes don’t have an obvious repeating cadence. are an example of this.

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Global Logistics Market Analysis: 2022 Summer Edition

MTS Logistics

For example, recently Target was forced to write down the value of excess inventory that’s stuck in warehouses. Of course, we may still experience more factories in Asia not operating at 100 percent capacity, further trucking shortages, port issues, etc. However, the efforts to slow down inflation in the U.S. Furthermore, T.J.

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6 Critical Success Factors in Distribution Network Design

Logistics Bureau

Quality and Detail of Data and its Analysis In some of our earlier posts, weve stressed the importance of simplicity in distribution network design , and we will return to that topic later in this article. It’s not a short list, so we’ll set it down here as a summary to help you with plans for analysis.

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Tariffs: A Brief History and the Debate of Whether They are Good or Bad

MTS Logistics

Of course, like most peoples reaction to tariffs, the colonists didnt like that idea. For example, when colored TVs first hit the market, the prices for Australians were virtually unaffordable. These are just some of the many examples of tariffs in history. Of course things change, but some fundamentals stay the same.

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A Guide to Supply Chain Key Performance Indicators (KPIs)

Logistics Bureau

A KPI is a practical and objective measurement of progress, either: Towards a predetermined goal, or Against a required standard of performance It might help to think of a KPI as something like an instrument on a car dashboarda speedometer, for example. Why Are KPIs Important?

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What are Reverse Logistics?

Logistics Bureau

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Some industries experience more returns than others.