Remove Analysis Remove Course Remove Exercises Remove Procurement
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Know Your Supply Chain KPIs – Procurement

Logistics Bureau

On this blog and the one published by our sister company Logistics Bureau, we often receive questions relating to metrics suitable for monitoring procurement performance. To answer some of those inquiries, we decided to release the following brief overview of what we believe to be the most helpful procurement KPIs. Supplier Lead Time.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. Here is an overview of the most valuable benefits: More informed freight spending: Because freight benchmarking involves the analysis of carriers and the rates paid by companies using them, it gives you an evolving picture of clarity about your freight spending.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

But, of course, what those circumstances are is for you to decide. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. Without further ado, then, let’s move on so I can fulfil the promise above.

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How manufacturers and distributors can mitigate disruption in the global supply chain

SYSPRO Smarter ERP

It will be all about strategic supplies, strategic procurement, supply agreements and keeping buffer stocks in country so that all the requirements are met to keep business going while long-term plans are formulated and implemented. To assist with the short-term solution, the answer is an extensive data-gathering exercise.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

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8 Reasons Why Your Business’ Success Depends Upon Your Supply Chain

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Procurement costs.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Procurement costs.