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

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Top Ecommerce Trends for 2024

Ship Monk

We can’t predict when joggers will go out of style (never, we hope) but we are pretty good at predicting ecommerce trends. Here are a few of the trends we think are going to be big in 2024. For the first time, mobile purchases have overtaken desktop purchases. On Thanksgiving Day, 59% of online sales were on mobile.

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Industry Outlook: Manufacturing Trends

Trinity Logistics

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? million skilled workers by 2030. million skilled workers by 2030.

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Industry Outlook: Manufacturing Trends

Trinity Logistics

Many of today’s manufacturing trends are in line with the industry’s goals to improve processes, create more efficiency, and meet consumer demand. Let’s dive into the latest manufacturing trends. WHAT ARE THE LATEST TRENDS IN MANUFACTURING? Now, increasing output isn’t a new trend in manufacturing. DIVERSIFYING WORKFORCE.

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Top 10 SCM Trends for 2024

Logistics Business Magazine

Things are changing in supply chain management: while cost-cutting has been at the top of the agenda for many executives for years, in future they will be increasingly concerned with the shortage of skilled workers, sustainability and resilience. At a glance: The top ten SCM trends in 2024 1.

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The Power of Purchase Order Collaboration: A Game-Changer in Managing Direct Spend

Logistics Viewpoints

It is crucial for organizations to understand the importance of Purchase Order collaboration to effectively manage their direct spend, optimize operations, and mitigate risks. Direct spend can be a significant part of the Cost of Goods Sold for an organization.

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Why Sustainable Home Delivery Results in Greater Sales and Profitability

Logistics Viewpoints

Two seemingly conflicting trends are coming together that, if addressed correctly, could provide retailers with a competitive advantage and make them more profitable. So, how are these two trends mutually beneficial? That’s exactly what the recent study “Retailers: Sustainability is Not a Challenge, It’s an Opportunity” concluded.