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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.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

To date, most of our content has covered topics related either to logistics or manufacturing outsourcing. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. But just because you can outsource it all doesn’t mean you should.

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BD Achieves End-to-End Supply Chain Visibility

Logistics Viewpoints

Kevin Nelson, a chief procurement officer and senior vice president at BD, agreed to be interviewed on this topic. The company had access to huge amounts of trade data, for example. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Supply Chain Chaos is the New Norm.

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The Counter to Constant Supply Chain Volatility Is Pervasive Visibility and Industry Collaboration

Logistics Viewpoints

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility.

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Here’s The Problem: Your Procurement Driven Transportation Sourcing Process Stinks!

247 Customs Broker

At first, he didn’t like my honest response: “Jim, you’re using a commodity-oriented procurement process for selecting your carriers and third-party providers. Here are four reasons why your own procurement process might not be as good as you think it is. Third, many procurement processes suffer from confirmation bias.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

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