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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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Analysis on 2021 Container Shipping Delays

ShipLilly

Chinese factories are facing challenges of meeting excessive orders that are way beyond their current capacity. Take for example the increased emphasis on the purchase of household goods via e-Commerce platforms. For example, recently the SCFI rate from Shanghai to the East Coast of South America exceeded $8,000 per TEU.

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Using ABC Analysis in Inventory Management

EazyStock

What is ABC Analysis? ABC inventory analysis is a method used to classify a business’s stock items into three categories – A, B and C, based on their value to the business. In this blog post we’ll delve deeper into the intricacies of ABC analysis and how it can help businesses improve their inventory management practices.

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MTS Logistics: An Example of Great Customer Service in Shipping

MTS Logistics

Real-time delivery status updates are crucial for keeping customers informed about their orders, ensuring they are present to receive them, and confirming that the contents meet their expectations. Once onboard, our progressive human resource policies and programs ensure that employees are motivated to achieve at their highest levels.

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Analysis: Today’s Global Economy vs. Global Container Shipping

MTS Logistics

For example: The global GDP growth rate for 2021 was 6.02%, a 9.1% Companies involved in international trade are hit hard as they experience decreased orders and reduced cargo volumes, affecting the revenue of shipping lines and container terminals. increase from 2020. When consumers tighten their belts, demand for goods decreases.

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How to Find the Right Economic Order Quantity

EazyStock

What is Economic Order Quantity (EOQ)? Economic order quantity (EOQ) concerns the most cost-efficient method of ordering stock. The objective is to find the order quantity that minimizes the total inventory holding costs and ordering costs. Ordering costs are the costs that arise every time inventory is ordered.

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What is Minimum Order Quantity and Should My eCommerce Business Set One?

Ship Monk

As online shoppers, we see examples of minimum order quantity everywhere. We, as consumers, have grown accustomed to buying in bulk in order to pay less per unit. For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale.