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Freight Procurement is a Different Game

Logistics Viewpoints

Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

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. Alternatively, you can procure access to a digital freight benchmarking platform.

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How much stuff is enough?

Logistics in War

The key is effective data analysis, trusted modelling tools and a systematic approach that provides total visibility across the entire supply network. This will support an effective demonstration of probable outcomes during the planning phase based on selected COAs, supported by an ability to intervene where required.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

Access to Economies of Scale By outsourcing manufacturing, logistics, or other supply chain support activities such as procurement , your company may access the economies of scale enjoyed and passed on by specialist service providers. Your organisation may be one of many that a contract partner serves.

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Overcoming e-sourcing apprehension

Transporeon

Procurement professionals, if you are considering a transition from manual and Excel-based RF(x) to online automated e-sourcing platforms, here is the information you need to mitigate fear, uncertainty and doubt in your supplier base. But feedback from suppliers on the available procurement automation platforms tends toward the negative.

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Supply Chain Management:Importance of Proactive Master Data.

Infosys Supply Chain Management

Sourcing & Procurement. Sourcing & Procurement. ProcureEdge – Sourcing & Procurement. We conducted a thorough analysis of these concerns & compared results in different geographies. Missing PPM means no demand on raw materials resulting in less procurement leading to reduction in order fill rate.

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Happy New Year: Here’s the 7 things shippers need to know about the Q1 2021 freight market

FLS Transport

It will be all-hands-on-deck as the greater economy, industrial, manufacturing, and housing businesses all fire back up and that pent-up demand and idle cap-ex are exercised. (2) If you’re looking for some deeper analysis on rate increases for 2021, we recommend both the FreightWaves 2021 Outlook and the DAT Market Update.

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