Sep 2, 2021 | Cost to Serve, Videos-SCM
Every cost reduction must, however, be evaluated in terms of local and overall impact. Here are 6 ways to reduce Supply Chain costs without impacting customer service: Related articles on this topic have appeared throughout our website, check them...
Jul 15, 2021 | Cost Saving, Cost to Serve, Supply Chain, Videos-SCM
Why is peeling an Onion relevant to Supply Chain management? Because it’s all about the layers. Think of each layer as a different Supply Chain function. As and you peel back the layers, you learn more about each functional cost! It’s a great way to reveal...
Jun 15, 2021 | Articles, Cost to Serve, Supply Chain
In the wake of the Coronavirus crisis, a significant number of retail enterprises have taken their business online, adding to the already vast array of online shopping opportunities for consumers. Ecommerce competition was already fierce before the pandemic curbed...
Apr 22, 2021 | Cost Saving, Cost to Serve, Videos-SCM
Up to 14% of customer orders could be losing money in your Supply Chain. Why? Watch this episode: Editor’s Note: This post was originally published on February 24, 2021, under the title “Losing Money on Customer Orders and Supply Chain...
Apr 6, 2021 | Articles, Cost to Serve
The concept of cost to serve is very simple but I am always amazed at how few businesses and supply chain managers really understand it. Let’s start with an uncomplicated example: Company A is in the business of distributing whiteboard markers. Among...
Mar 11, 2021 | Benchmarking, Cost to Serve, Customer Service, Distribution Network Design, Inventory - S&OP, Supply Chain, Transport, Trends, Videos-SCM
Suppose you want to fix up your supply chain business and make the whole thing more efficient. What do you think you need to work on specifically? Watch the video below as we take you to the 5 Areas of Supply Chain—that if you focus on, you would likely get the...