Remove Examples Remove Exercises Remove Procurement Analytics
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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 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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Being Adaptive Drives Resiliency and Margins in Collaborative Supply Chain Networks (CSCN)

Logistics Viewpoints

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. Supply side shifts: Example: A global coffee manufacturer experiences disruptions due to a natural disaster affecting one of its key suppliers in Brazil due to dry weather.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

It will also make it easier to determine, for example, if you should opt for contract rates over spot rates or vice versa. 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. The Pros and Cons of Procuring a Benchmarking Tool.

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Don’t Let Your Warehouses and Buildings Become a Vector for a Cyber Attack 

Logistics Viewpoints

It’s also a great example of how the boundaries between what we traditional think of as “IT” and “OT” cybersecurity are blurring. Many supplier offerings lack an appropriate emphasis on cybersecurity, or they leave cybersecurity up to the end user, as a layer to be put on top of the system that is being purchased.

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Learning to See in 2023

The Lean Thinker

It took four 11×17 (A3 size) sheets taped together to depict what happened as raw steel came in one end of the building and was cut, bent, welded, painted, and assembled with purchased components into the final product. What they wanted , though, was for me to report my findings to them once I was done.

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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The company said that it used 85,916 metric tons of single-use plastic that year, an 11.6 The information the companies gather could, for example, allow managers to receive information about unexpected frost harming cherry production or information about harvesting delays, which could result in inventory changes. billion in 2015.