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Freight Procurement is a Different Game

Logistics Viewpoints

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.

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How to Procure Full Truckloads in Tight Capacity

GlobalTranz

Unfortunately, the use of full truckload shipments and expenditures have hit an all-time high, reports Kate Patrick of Supply Chain Dive. Decreasing capacity and increasing full truckload rates are expected to increase throughout 2018, reports Freight Waves. Conducting annual procurement exercises. Download eBook.

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Freight Benchmarking: What Is It? Why Do It?

Logistics Bureau

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.

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Using OEE and MOM with older manufacturing equipment

SYSPRO Smarter ERP

This older equipment includes manually operated machinery or outdated PLCs, and stand-alone machine tools. Equipment is purchased on the assumption that it will last years and can be depreciated over its useful life. The problem is that many factories are limited in this area because they have older legacy equipment.

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The Power of Outsourcing for Supply Chain Improvement

Logistics Bureau

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. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs.

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Omnichannel Retail and the Cost to Serve Online Customers

Logistics Bureau

If yours is one of those businesses shifting from traditional to online retail, you’ve probably faced some of the logistical challenges arising from the need to deliver your customers’ purchases to them. Those expenses can increase the cost to serve by a considerable amount. Why Modeling Makes Sense. Equipment use.

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11 Proven Methods To Increase Flower Shop Sales

WorkWave

However, it’s vital to exercise caution and avoid over-ordering, as this can lead to waste reduction challenges and increased expenses. This setup allows wedding designers to access quality supplies and tools, streamlining their creation process. This can help improve customer satisfaction and streamline operations.