Soaring crude oil prices and the explosion in globalisation (and corresponding reduction in transport availability) over the last decade or so, have together kiboshed some of the factors which once fueled a steady growth in offshore manufacture and procurement. ...
Conducting a Cost to Serve analysis can help you and your company understand where the biggest influences on your profit margins lie. It can also serve as a basis for understanding which customers are more or less profitable and for identifying ways to do things...
These simple tips will help you better understand how to reduce your distribution costs. And if you’ve never put your distribution ‘under the microscope’ before, you could potentially save up to 16% in total distribution costs! And it can be very low hanging...
There are still ‘ripe’ opportunities to save Logistics costs. And one of these is in delivery route optimisation. The ‘smart’ operators out there know this, but I’m constantly amazed at the number of organisations running large delivery...
Here’s 3 simple tips from John Cole on how to save costs on freight. I thought John’s tips sounded really helpful, so Yes, we jumped out of the car on the way to the Airport to shoot this. Rob: You know if you look at all the cost components...
Over the last 10-15 years, outsourcing of logistics activities to third-party logistics service providers has become increasingly popular. Research indicates that up to 75% of firms report positive impacts from outsourcing to logistics service providers (Langley J,...
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