Customer and product profitability might not seem like the most exciting topic—until you realize how much it affects your bottom line. Over the years, I’ve seen countless businesses lose money on customer orders without even knowing it, all because they lack proper visibility. The problem often gets shelved because it feels too difficult to fix. Addressing loss-making products or customers requires cross-functional collaboration, and that’s where things start to fall apart…
Reducing logistics costs can seem overwhelming, with so many factors to consider and constant pressure to deliver results. However, focusing on just on specific area can drive significant savings. Let me start by showing you a diagram that helps explain why logistics cost reduction can feel overwhelming. Imagine senior executives pushing you to cut costs, and you’re faced with so many areas to consider…
In this video, Rob shares what he thinks are some of the reasons that businesses are nervous about carrying out Cost to Serve checks on their Supply Chains…
Why is it really important to understand the cost to serve on your supply chain business? Here is a case study we would like to share for you to explore the concept of cost to serve in greater depth…
These might seem obvious. But many (most) businesses don’t focus on this well enough. Find out here…
Understanding cost to serve is essential for anyone managing a Supply Chain…
3PLs (Third Party Logistics) companies make fundamental mistakes when replying to Request for Proposal and/or Request for Tender. Here are the things you need to know to respond appropriately to a 3PL RFT / RFP. Timing Get into the data Ask Questions ??? ??? ??? ???...