oboloo

oboloo Glossary

Cost To Serve Supply Chain

oboloo Glossary

Cost To Serve Supply Chain

The official business definition of Cost To Serve Supply Chain is the total cost associated with the delivery of a product or service from the supplier to the customer. This cost includes all the activities, processes, and resources required to deliver the product or service. It also includes the cost of transportation, warehousing, inventory management, order processing, and customer service. Cost To Serve Supply Chain is a critical component of any business, as it helps to determine the profitability of the business. By understanding the cost of delivering a product or service, businesses can better manage their resources and make more informed decisions. Cost To Serve Supply Chain also helps businesses to identify areas where they can reduce costs and increase efficiency. Ultimately, Cost To Serve Supply Chain helps businesses to increase their bottom line and remain competitive in the market.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971