Cost Insights
ongoing visibility to specific costs
across the end-to-end supply chain
reduce supply chain costs
Whether concentrating on one type of supply chain cost or a combination of costs, our expertise from over 20 years of supply chain experience delivers insights for quick and efficient identification of cost reduction strategies.
Costs
Transportation
Costs
Processing
Costs
Costs
Costs
& Handling
Costs
Transportation
Costs
Logistics
specific elements of Cost to Serve
Competitive Insights uses transactional data from as many sources as needed to the specific cost elements you need. As a part of the Data Assurance, transactional data is gathered across as many supply chain processes to get the most accurate cost insights for your initiative or to discover opportunities for significant cost reduction that you may not know.
Customer
+ Customer service overhead
+ Customer value learn costs
+ Order management overhead
Plan
+ Business unit and factory planning overhead
+ Materials and capital acquisition planning overhead
Source
+ COGS materials
+ Materials purchase price variance
+ Factory capital acquisition and indirect materials
+ Sourcing, procurement and accounts payable overhead
+ Raw materials carrying and obsolescence costs
Make
+ COGS internal conversion costs or outsourced manufacturing costs
+ Standard cost variances
+ Finished goods and WIP inventory carrying and obsolescence costs
Deliver
+ Internal warehouse costs (space, equipment, people)
+ 3PL/4PL costs
+ Tax, licensing and customs
+ Inbound and outbound carrier costs
+ Logistics security costs
+ Special services (boxing, labeling, etc.)
Return
+ Product returns costs
+ Repair costs
Other
+ Supply chain management overhead (admin and center of excellence)
+ Supply chain IT overhead
+ Supply chain Finance overhead
+ Supply chain HR overhead
+ Costs of continuous improvement and poor quality mitigation
precision
Competitive Insights is able to provide this precision down to the SKU-level and the highest level of specificity for cost performance .
Beyond Activity Based Accounting (ABC) or traditional Cost to Serve calculations, Competitive Insights' Cost Insights have multi-dimensional insights that is necessary for impact on the bottom line.
foundation
Having the cost insights for one or more cost to serve elements can be the building blocks to later on build the full Net Landed Cost to Serve or Net Landed Profit.
sample of supply chain costs
- Sourcing cost
- Tariffs
- Transportation Cost
- Inbound & Interfacility
- Outbound
- Warehousing Cost
- Handling Cost
- Air Ship
- Inventory Carrying Cost
- Working Capital
- In-Transit Inventory
- Taxes
- Loss
- Insurance
- Distribution Fees
- Value Added Services
- Other