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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 Deal with Supply Chain Disruptions

GoShip Blog

How does my business prepare for Supply Chain Disruptions? To effectively get this done, you must conduct a thorough risk analysis to figure out the weakest links in your supply chain. Find reliable software with AI mapping, analysis, security systems, predictive tools, and customer service solutions. .

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How to Write a Winning Business Plan

Ship Monk

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Competitive Analysis. A competitive analysis is a great way to learn from the greats while also spotting potential structural weaknesses within your own business. #5. How will you scale into the global market? Marketing Strategy.

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How to be an Eco-Friendly Ecommerce Brand

Ship Monk

It requires a lot of introspection and critical analysis of your operation. At a glance, you need to: Assess your unique ecommerce brand’s situation Set actionable goals, and a plan to achieve them Get your team on the same page Work with like-minded vendors Be transparent with your customers This is just a summary, of course.

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9 Barriers to Optimal Inventory and How to Break them Down

Logistics Bureau

The second is when you implement segmentation of the SKUs in your portfolio based on Pareto analysis. How to Improve Forecast Accuracy for Optimal Inventory. How to Calculate Economic Order Quantity. 2: Forecast Accuracy. 5: Slow-Moving, Obsolete, and Excess Stock. The cost of ordering (per order) that particular SKU.

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How to Get a Job in the Supply Chain Sector

Logistics Bureau

You could be particularly numerate, or into analysis. If university study is a little beyond you right now, one of the certification courses might work better for you. Certified Supply Chain Professional : Learn how to develop streamlined supply chain operations. Data analysis is a key component of this position.

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A Summer of Sales: How to Combat the eCommerce Slow Season

Ship Monk

Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Run a Competitive Analysis. The post A Summer of Sales: How to Combat the eCommerce Slow Season appeared first on ShipMonk | Fulfillment Center | Order Fulfillment Services. Ready, set, go! #1. Make an Offer They Can’t Refuse.