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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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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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Predicting Unpredictability: Expert Advice for 2024 Freight Operations, Benchmarking, and Procurement Preparation

CLX Logistics

When looking ahead to the future, it’s crucial to reflect on the past year, identify emerging trends, and strengthen strategies for benchmarking and procurement. It’s not just a tool but a strategic partner in improving procurement and benchmarking. Are you choosing carriers that offer the most competitive rates? The outcome?

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Six Essential Strategies for Sustainable Procurement

SIPMM Professional Publications

Sustainable procurement is a spending and investment process typically associated with public policy, although it is equally applicable to the private sector. The post Six Essential Strategies for Sustainable Procurement appeared first on SIPMM INSTITUTE.

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How the procurement role should evolve in the new supply chain

SYSPRO Smarter ERP

To deal with the new challenges in managing and planning the supply chain , the procurement department is one of the functions that should look at changing. It is no longer sufficient for procurement to focus just on supplier costs, placing orders and ensuring goods are received. The situation changes with a larger number of suppliers.

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Essential Sustainable Practices for Procurement of Mineral Products

SIPMM Professional Publications

The strategic sourcing initiatives help organizations to analyze current spend against the marketplace, spend analysis, or benchmarking to identify practical and beneficial […]. The post Essential Sustainable Practices for Procurement of Mineral Products appeared first on SIPMM INSTITUTE.