Logistics Viewpoints
SEPTEMBER 4, 2023
Procuring transportation for freight is much different than any other procurement category. There are different tools, goals, and market dynamics. Transportation procurement needs to support both customer service and a company’s internal supply chain goals. One master of freight procurement is Kyle Masters.
GlobalTranz
JUNE 19, 2018
These rates will have natural implications for smaller shippers seeking to lower overall transportation and freight spend, and paired with a “blurred lines between peak shipping and shopping seasons,” shippers will experience increasing trouble when trying to procure full truckload capacity. Conducting annual procurement exercises.
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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. But the further up the supply chain BD went, the less incentive suppliers had to participate in these exercises. Thirdly, the tool can improve their financial forecast. Finally, the tool is a sales tool.
Locus
APRIL 26, 2024
Enter the Request for Proposal (RFP): a strategic tool that goes beyond mere vendor selection. It’s a comprehensive approach that empowers companies to streamline their procurement process, ensuring alignment with their long-term objectives and operational requirements. How to resolve this conundrum?
Logistics Bureau
APRIL 4, 2022
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. The Pros and Cons of Procuring a Benchmarking Tool. That’s the first question to ask.
SYSPRO Smarter ERP
AUGUST 22, 2022
Without the proper procurement, receipt and storage of the materials needed to carry out the business activity it is impossible for the metal fabricator to begin the manufacturing process or market its products. Within your ERP system product configurator tools can be used to maximize customer service and operational efficiency.
SYSPRO Smarter ERP
JANUARY 19, 2022
It will be all about strategic supplies, strategic procurement, supply agreements and keeping buffer stocks in country so that all the requirements are met to keep business going while long-term plans are formulated and implemented. To assist with the short-term solution, the answer is an extensive data-gathering exercise.
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