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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.
Accordingly, we actively update our systems to stay ahead of the evolving needs of eCommerce and help our clients succeed. During these summits, employees from different areas of the ShipMonk operation have the opportunity to learn from heads of departments, ask questions, and refine their eCommerce mindsets.
Ecommerce competition was already fierce before the pandemic curbed consumer enthusiasm for in-store shopping, and now, it is even more so. While none of them will be new to retailer businesses created purely for ecommerce, they add a disruptive element to cost control when merging online and traditional retail operations.
Increasingly, ecommerce vendors understand the advantage of an easy-to-print, free-of-charge return shipping label for a customer to stick on a box and return by post. Network analysis will be crucial for finding the best configuration of return centres, given factors like retail locations and transport facilities with backhaul possibilities.
This is Chapter 5 of 13 in our eBook on eCommerce Fulfillment for 3PL Warehouses. eCommerce fulfillment has shifted demand from Retail storefronts to warehouses which indirectly has put a strain on available warehousing space. See the link below to download the full ebook.
If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. The use of a methodology known as “cost to serve analysis” often reveals shocking realities about supply chain costs. . .
Let’s take ecommerce as an example. So if I were to share two golden rules for outsourcing strategy, they would be: 1) In each case, be sure that a decision to outsource—or not—is based on a thorough analysis of the pros and cons , given the characteristics of your supply chain and business model.
Increasingly, ecommerce vendors understand the advantage of an easy-to-print, free-of-charge return shipping label for a customer to stick on a box and return by post. Network analysis will be crucial for finding the best configuration of return centres, given factors like retail locations and transport facilities with backhaul possibilities.
That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Network Inflexibility. Click To Tweet.
For example, brand manufacturers and retailers—are beginning to perform life cycle analysis of their products to ascertain the environmental impacts of the products they sell. Historically, this product ‘footprinting’ exercise was both tedious and expensive.
eCommerce Fulfillment. eCommerce is still white-hot, growing at over 33% last year with no signs of slowing. Traditional pallet-in/pallet-out 3PLs have been forced to expand into eCommerce fulfillment services. The adage Speed, Quality, Cost – Pick two is an everyday exercise. Information Overload.
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