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Intelligent Systems in the Modern Dynamic Warehouse

Logistics Viewpoints

From improving slotting decisions to optimizing picking batches, these tools are unlocking efficiency gains that would be impossible with human analysis alone. Importantly, these recommendations arent a one-and-done exercise. This continuous analysis allows the system to respond instantly to changes on the floor.

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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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Cost-To-Serve Analysis Should be Core Planning Tool

Logistics Business Magazine

A new white paper from a supply chain consultancy suggests retailers are too fragmented in their approach to determining their Costs-To-Serve (CTS) and should instead adopt CTS analysis as a core, business-critical initiative for informing future decisions and direction. “In More acutely, do you know what margin you are making?

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What are Reverse Logistics?

Logistics Bureau

They may have ordered more than they need. As market and buying trend data becomes more abundant and IT systems more connected, retailers can better estimate demand and adapt their ordering. This also qualifies as reverse logistics. Reasons why reverse logistics are necessary can be diverse. They may have simply changed their mind.

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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. Purchase Order Cycle Time. Cost per Purchase Order and Cost per Invoice. Cycle times are critical in the supply chain.

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Cost To Serve – A Smarter Way to Improved Supply Chain Profitability

Logistics Bureau

The challenge is to measure profitability to the right level of detail in order to see what works and what could be improved. Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes.

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Better Inventory Management Requires International Suppliers To Step Up to Digital Transformation and Collaboration

Logistics Viewpoints

Better inventory management requires visibility at a granular level, down to individual orders and SKUs. What orders are planned versus in process? Strategy and leadership teams might elect to be alerted to production line disruptions, for example, so they receive details about every impacted order. What’s in manufacturing?