Tag Archives: #BusinessEfficiency

Understanding Cost to Serve: Why It Matters, The Process, and Real-World Applications

Cost-to-Serve, Cost Management, Vice / clamp pinching coins.

Understanding Cost to Serve: Why It Matters, The Process, and Real-World Applications In today’s competitive business environment, understanding Cost to Serve (CTS) is critical for companies aiming to maximize profitability while maintaining strong customer relationships. Many businesses unknowingly operate with customers or products that cost more to serve than they generate in revenue. By implementing