In an era where agility and data-driven decisions define success, distributors face mounting pressure to streamline operations, manage intricate supply chains, and meet escalating customer expectations. Enter AI-powered ERP systems, a transformative fusion of artificial intelligence and enterprise resource planning that is revolutionizing the distribution landscape. By integrating AI technologies such as machine learning, natural
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Industry Insights, Operational Transformation, Uncategorized
Understanding Cost to Serve: Why It Matters, The Process, and Real-World Applications
06
Mar
Mar
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