Examples Exercises Procurement Strategy 
Logistics Bureau
AUGUST 2, 2021
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.
FreightWaves SONAR
MAY 14, 2024
Aggressive pricing/cost savings strategies have contributed significantly to creating a sustained volatility in the domestic transportation market. From a shipper’s perspective, transportation is a cost center, and the exercise of sourcing trucking capacity is not much different than that of procuring raw materials for production.
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Logistics Viewpoints
SEPTEMBER 7, 2022
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.
Logistics Bureau
APRIL 3, 2023
So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. 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.
Logistics Viewpoints
SEPTEMBER 28, 2021
Until we have this kind of pervasive visibility, inventory management will continue to be largely an exercise in futility. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.
Logistics Viewpoints
JULY 22, 2021
For example, forecasts are generated using the past three years of history, implicitly assuming history repeats. A close alignment between Procurement and Supply Chain can also yield several very interesting use cases that will help turbocharge your business. One off recommendations are made about facility locations (i.e.,
247 Customs Broker
MARCH 26, 2018
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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