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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.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.

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Build Resilience in Volatile Freight Environments

FreightWaves SONAR

Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.

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6 challenges facing medical device manufacturers and how ERP analytics can provide a cure

SYSPRO Smarter ERP

Challenge Three: Nurture procurement and supplier relationships ERP analytics ensures adherence to ethical standards and compliance with industry regulations, fostering transparency and accountability. Manufacturers can exercise better control over the return and exchange of items bought from suppliers, ensuring smooth operations.

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Flexibility in the Face of Uncertainty

Freightos

Blog " * " indicates required fields Email * Name This field is for validation purposes and should be left unchanged. While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts.

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Understanding Truckload Rates: Contract Versus Spot Market

Blue Grace Logistics

This level of volatility can potentially leave shippers in a difficult position if they haven’t built a strategy that encompasses both spot and contract truckload rates. To read the entire blog visit BlueGrace Logistics. Freight capacity and, therefore, truckload rates are constantly shifting.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.