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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters. Procurement ran a request for proposal event.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

At Logistics Bureau, we capture, analyse, and exploit freight benchmarking data to help us when we provide freight contract negotiation services for our clients. There are several advantages to understanding your freight costs compared to the market generally. The Pros and Cons of Procuring a Benchmarking Tool.

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Cloud & Big Data. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. « Collaborative Platform for Enterprise of Future | Main | Key Asset Management trends in Oil & Gas Industry » Importance of Proactive Master Data Maintenance in SAP SCM Support.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Mini Case Study: Whirlpool.

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

Logistics Bureau

Conversely, just 8% of businesses with less capable supply chains report above-average growth. 2) According to a 2012 report into corporate insolvencies by the Australian Securities and Investments Commission, 44% of businesses in Australia failed because of poor strategic management. Mini Case Study: Whirlpool.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, switching to more efficient lighting requires significant investment, especially if you choose induction lights, which are particularly expensive to procure. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities. Such a program can be simple and inexpensive to implement.