All Supply Chain and Logistics operations leak profits. It’s natural. But are you aware of it? Sadly, normal reporting systems don’t report very well at a customer and product profitability levels. They tend to report aggregate figures. And so these very common losses are ‘hidden’ within the data. It’s very common to have at least 10% of your customers orders as loss makers. And I’ve seen as high as 81%…
Articles
Inventory Management Excellence: Some Companies to Learn From
Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits…
Fleet Route Optimisation in the Past, Present, and Future
Over a relatively short period, a transport or fleet manager’s ability to support an efficient distribution network through route and delivery optimisation has shifted from almost nil to almost limitless…
Energy and Labour Costs: 2 Top Warehousing Challenges in 2023
Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs…
6 Critical Success Factors in Distribution Network Design
Many logistics professionals involved in distribution network design naturally strive to achieve the best possible results. However, for one reason or another, certain aspects are often overlooked or simply don’t receive enough emphasis during the design process…
Cost to Serve Analysis—And the Costs of Neglecting It
Have you conducted a cost-to-serve (CTS) analysis for your enterprise? Many companies have never drilled down into the costs involved in selling specific SKU…
Ecommerce Inventory Management: Challenges & Solutions
Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce…
10 Freight Management Mistakes and How to Avoid Them
Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean…
The Power of Outsourcing for Supply Chain Improvement
If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service…
The Big List of Supply Chain KPI Mistakes to Avoid
Who would have thought that measuring the performance of supply chain processes like warehousing, procurement, or logistics could be so troublesome…