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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.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. At Logistics Bureau, we want to help you with that, so we’re publishing this brief guide to help you if you haven’t already included freight benchmarking in your management strategies or want to benchmark more effectively than you are now.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. If your business is experiencing a persistent reduction in profit margins, analysing your cost to serve is an advisable step in diagnosing the causes. Are Your Profit Margins Declining?

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

But, of course, what those circumstances are is for you to decide. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

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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. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. It means that your supply chain strategy should support the overall strategy of your business.

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7 Reasons Why the Supply Chain Matters to Business Success

Logistics Bureau

Of course, it is helpful to have some statistics on hand to validate the statement above. Conversely, just 8% of businesses with less capable supply chains report above-average growth. Supply Chain Strategy. It means that your supply chain strategy should support the overall strategy of your business.

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Use the New GDPR Legislation to Rethink the Way You Market

Logistics Marketing Advisors

Communication is a two-way street, of course. cookies and Google Analytics tracking) of sites/companies that they wish to hear from or otherwise interact with. If an honest assessment points more to the latter, now is a good time to course correct. Double-opt-in strategies can be automated. Technology can help.