by Pratik Wanare | Nov 25, 2021 | Sales & Operations, Supply Chain
At its core, cost-to-serve is an application of Activity Based Costing. With the help of efficient management, it can significantly improve overall business profitability. Nowadays, it is possible to calculate the actual cost to serve with data integration and...
by Pratik Wanare | Nov 24, 2021 | Sales & Operations, Supply Chain
Cost to Serve analysis helps an organization to get clear visibility if a customer is contributing to the bottom line or not. It facilitates informed decisions to transform unprofitable customers into profitable ones. Organizations can have better control over...
by Pratik Wanare | Nov 22, 2021 | Sales & Operations, Supply Chain
Cost to serve is a cost and profitability management methodology. It allows an accurate understanding of the profitability of a product or product category. The main objective of the cost to serve methodology is to calculate the end-to-end cost of delivering a product...
by Pratik Wanare | Nov 19, 2021 | Cost Analysis, Sales & Operations
Transportation costs can impact crucial areas of business. They can affect the pricing of products as well as the competitiveness of an organization in the market. Let’s take a look at different factors affecting transportation costs. 1. Handling – Damaging goods and...
by Pratik Wanare | Nov 15, 2021 | Cost Analysis, Sales & Operations
For companies, reducing transportation costs has always been the number one priority. There are several ways to optimize transportation costs, improve the supply chain procedures and save money for businesses. Some of these efficient ways of reducing the...
