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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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Procurement vs. Purchasing: What’s the Difference?

Logistics Bureau

The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris. Procurement First, Purchasing Follows. The first part, where you are doing research into the industry, that’s procurement.

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Freight Truck Shortages Are Changing The Face Of Logistics

The Logistics of Logistics

Original article: Freight Truck Shortages Are Changing The Face Of Logistics. It is one reason experts on logistics are following the autonomous freight truck market and new approaches to freight procurement closely. However, freight procurement is changing. Freight Truck Shortages Are Changing The Face Of Logistics.

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The Perfect Procurement Plan: Why Visibility Into the Supply Chain Is Important

Turvo

With all the volatility that still lingers in the modern supply chain, the need for high-quality data analysis, solid procurement planning, good profit margins , and streamlined scheduling systems all remain crucial for shipping and transportation providers. Why Poor Visibility in Grocery Procurement Plans Lead to Big Issues.

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Logistics Manager Analysis: supply chain and procurement – deal or no deal?

247 Customs Broker

[og_img] For more than three years, sourcing and procurement teams have had to grapple with the potential implications of the UK withdrawing from the European… The post Logistics Manager Analysis: supply chain and procurement – deal or no deal? appeared first on 24/7 Customs Broker News.

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The Future of Supply Chain: Top 5 Supply Chain Trends in 2024

3PL Links

It will be essential to prepare for and welcome them, particularly in the context of the difficult supply chain and procurement environments. Fulfilling sustainability demands : procurement specialists can lessen the supply chain’s environmental impact with the use of technology. However, technology alone is not sufficient.

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Top Transportation & Logistics Influencers

The Logistics of Logistics

Original article: Warner’s Top Transportation & Logistics Influencers. VP, ARC Advisory Group and Columnist, Forbes With in-depth research experience in logistics, transportation management, and managed transportation services, Steve’s writing and analysis are go-to resources for logistics and transportation professionals.