Remove Analysis Remove Exercises Remove Tools
article thumbnail

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.

article thumbnail

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 CLICK HERE to download the full white paper.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Freight Procurement is a Different Game

Logistics Viewpoints

There are different tools, goals, and market dynamics. An RFP is a data intensive exercise. This made the data analysis easier. This made the data analysis “painful.” We did not have a great spot tool.” Simmons always does an ROI analysis prior to purchasing a solution. The freight market is mercurial.

article thumbnail

Supply Chain Optimization: Leveraging Integrated Scenario Planning as a Margin Multiplier

Logistics Viewpoints

Figure 2 – APS to ISP data aggregation Benefits Leadership Engagement and Visibility: ISP engages key leaders from various departments in the planning process, ensuring their active engagement and commitment through rapid network and supply chain analysis.

article thumbnail

ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

Yes, there are also cute company dogs present, warehouse tours, and the occasional lighthearted team-building exercise, but overall, employees keep their eyes on the prize of enhancing our 3PL’s ability to kick eCommerce butt.

3PL 98
article thumbnail

Where Does Supply Chain Design End and Planning Begin? (Takeaways from LLamasoft’s SummerCon 2017 Conference)

Talking Logistics

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

article thumbnail

Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

Detailed cost-to-serve analysis can be complex and time-consuming, so it’s a good idea to break the task down by priority and target specific areas on which to concentrate. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule. Which process steps cost the most, and the least, to complete?