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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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Build a Digital Playbook Beyond Scenarios to Thrive in Uncertainty

Logistics Viewpoints

The digital twin, for example, can be subjected to numerous stress tests that mimic real-world conditions and observe how different variables interact and impact the entire network. For example, the analysis from stress testing can reveal a particular supplier or production resource is a frequent point of failure under high-demand scenarios.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. The above examples reflect costs that include picking, packing, and last-mile delivery. The list above is not exhaustive but merely provides some notable examples of cost drivers.

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U.S. Works to Protect Oil Tankers and Other Merchant Ships in Iranian Waters

MTS Logistics

For example, John Kirby, spokesperson for the U.S. Iranian provocations have included boarding oil tanker ships and taking control of the vessel, in an effort to exercise power and dominance in the region, as well as a recent helicopter flyover of a Chevron-operated oil tanker. will be proactive in pushing back against future threats.

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Continuing Education For Licensed Customs Brokers

MTS Logistics

It will also bring greater assurance that customs brokers are knowledgeable in customs laws and regulations, familiar with operational processes, and can properly exercise brokers fiduciary duties. Individual brokers may start to identify those activities that could likely qualify for education credit once the new requirement is in place.

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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Supplier Defect Rate.

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Freight Procurement is a Different Game

Logistics Viewpoints

Any shipment moving from Siloam Springs to Bentonville, Arkansas, for example, would be one lane. An RFP is a data intensive exercise. This made the data analysis easier. This made the data analysis “painful.” Simmons always does an ROI analysis prior to purchasing a solution.