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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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ShipMonk Summits Enhance 3PL Mindsets

Ship Monk

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Though the specifics change, ShipMonk educational summits always revolve around how to align needs with solutions, identify and remedy pain points, and meet the fulfillment expectations of our clients.

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Building Brand Loyalty with Last-Mile Logistics

Morai Logistics

Over the course of the past several months, Morai Logistics has highlighted a significant rise in e-commerce shopping. Omni-channel retailing has also given customers the ability to purchase product across a variety of platforms and devices. This figure has significantly increased over the course of the last few years.

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What is Supply Chain Resilience?

GlobalTranz

Embracing technology is part of that solution. But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. Of course, toilet paper and paper towels were in short supply as well.

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Ways to Handle Excess Inventory in Retail

ShipLilly

There was a time when excess inventory was a solution to the uptick in e-Commerce. Of course, this is only possible with goods with a long expiry date. Of course, this is only possible with goods with a long expiry date. The problem with such a solution is that being in a niche market has a natural saturation point.

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Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Of course, there is no quick and easy way to curb increases in the cost of energy and labour, but now is an excellent time to start thinking about practical ways to reduce energy usage and increase labour productivity and efficiency. A warehouse benchmarking exercise is an excellent way to start the quest for improvement opportunities.

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

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. . Procurement costs.