Remove Presentation Remove Purchasing Skills Remove Tools
article thumbnail

What the New Administration Could Mean for Your Business

WorkWave

Restricting visa programs like the H-2B visa , which many seasonal businesses depend on, could exacerbate existing labor shortages, resulting in increased labor costs (higher wages), project delays and operational challenges. Note: this change affects individual taxpayers rather than providing employer cost savings.

article thumbnail

The Importance of Energy Transition and Sustainability in the Logistics and Supply Chain Industry

Logistics Viewpoints

Reliance on fossil fuels creates additional challenges: Economic Vulnerability: Volatile oil prices and geopolitical conflicts increase financial risks. Businesses face heightened uncertainty in managing costs and securing stable energy supplies. Advanced route optimization tools further support these goals.

Insiders

Sign Up for our Newsletter

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

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?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

article thumbnail

The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes

3PL Links

Image source: iStocks | The Ultimate Guide to Fleet Management: Strategies to Control and Optimize Your Processes Investing in a fleet management system results in an improvement in internal processes, which directly reflects the quality of the service provided to the end customer.

article thumbnail

Celanese Leads the Pack When it Comes to Agentic AI

Logistics Viewpoints

Knowledge Graphs are emerging as an important tool for building advanced AI capabilities. He also spoke at the ARC forum in 2023, and this article is based on that presentation as well. These agents can communicate, negotiate, and collaborate to solve complex problems. Agentic allows for much greater flexibility. Celanese has 2.5

Packing 75
article thumbnail

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

Logistics Bureau

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. How Much Does It “Cost to Serve” Your Customer? It costs you a certain amount to make a product. Sales organisation costs.

article thumbnail

Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Perhaps you haven’t had much opportunity, amid the turmoil, to consider the cost to serve your online customers.