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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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Why Russian logistics failed in Ukraine?

Logistics at MPEPS at UPV

The availability of supplies depends on various factors such as safety, environment, weight or volume, risk, longevity, durability, and procurement principles. The logistics planning follows predefined principles, well-exercised scenarios, and calculations of ammunition consumption and attrition.

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Flexibility in the Face of Uncertainty

Freightos

Of course, the economic viability of these types of shipments is limited to specific commodities. While COVID did see some modal shifts of everything from wheat to Peloton exercise bikes, there are certainly products that are less likely candidates for shifts.

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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. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. Without further ado, then, let’s move on so I can fulfil the promise above.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

The answer is to benchmark your freight, of course. Firstly, if you plan to benchmark as a one-off exercise now and again, you might engage a specialist team of consultants to execute a project for you. Alternatively, you can procure access to a digital freight benchmarking platform. What Are Your Freight Benchmarking Options?

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The water in the well – how much readiness is enough?

Logistics in War

The risks accepted in not beginning are, of course, high and err towards a professional negligence that ultimately costs time, resources and people at the time of a future war. Firstly, it recommended conducting realistic wargames and exercises to reflect threats and the capability of the ‘logistics enterprise’ to respond.

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How to Benchmark Your Supply Chain

Logistics Bureau

Of course, benchmarks and benchmarking can cover all kinds of different things, at work or elsewhere. It’s a strategy worth considering before looking at external benchmarking, because it might allow you to reduce the scope of an external benchmarking exercise, and narrow the gaps between your company and its peers.