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OK, the concept of Supply Chain 'cost to serve' and the benefits are easy to grasp. But how do you do the analysis. I was asked this last week at a Conference in Taiwan and this is how I explained it. You can apply this approach to any element of the Supply Chain. Have you conducted a 'cost to serve' audit before? How did it go? I would love to hear in the comments below. 👇 TIMESTAMPS (in case you want to skip) 👇 0:00 Intro 1:01 Cost-to-serve analysis of a warehouse 1:52 Receipt to Dispatch process 4:35 Warehouse costs 6:00 Allocating costs to different functions 17:19 Actual detailed cost analysis 24:11 Outro Do please comment with any questions and don't forget to subscribe. Check out the other links below. There is loads of information on my Supply Chain Blog too. And why not connect on social media? LinkedIn: / robobyrne Facebook: / robobyrnelb Supply Chain Blog: https://www.logisticsbureau.com/blog/ Supply Chain Education Online & eBooks: https://www.supplychainsecrets.com/ #SupplyChainSecrets #CostToServe