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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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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Re-implement demand planning, trade promotion management, and revenue/price management together to improve the baseline demand signal. I am currently working on a couple of case studies for this blog on how business leaders used digital twin modeling during the pandemic. The Emergence of Logistics as Constraint.

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. You can successfully traverse the complexities of procurement processes with the knowledge, abilities, and tactics you gain during procurement training.

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6 Tips for Students to Develop a Career in the Supply Chain

SCMDOJO

As businesses continue to globalize and markets become increasingly interconnected, the demand for skilled supply chain professionals is rising. Gain a Solid Educational Foundation A solid educational background in supply chain management or a related field such as business, logistics, or operations management is crucial.

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CFO Beating You Up Over Rising Freight Costs? Hit Back with a TMS

Talking Logistics

What the hell is going on over there in transportation?!” Supply chain management leaders, especially in transportation, are under heavy fire from CFOs for the dramatic increases in freight spend that are eroding the profitability of shippers in every industry. Combating Rising Freight Costs with a TMS.

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Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

The pandemic taught consumers that the most convenient and safest way to “get that thing” is to order it online and have it delivered, increasing not only the demand for qualified drivers but also the cost to hire. An impressive case study to be sure, but alas, the cost of the technology is still prohibitive for most companies.

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Top 10 TikTokers to Take Off your Supply Chain

SCMDOJO

TikTokers have emerged as a strategic asset for advancing supply chain management, driven by several compelling factors that align seamlessly with the dynamic landscape of the digital age. Moreover, TikTokers possess a refined skill for generating content that resonates authentically with their followers.