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The Approach to Effective Freight Procurement

The Logistics & Supply Chain Management Society

The Approach to Effective Freight Procurement by LSCMS Shippers’ Council Container shipping procurement faces a multitude of challenges shaped by global events, industry shifts, environmental mandates, and technological advancements. To thrive in this ever-evolving landscape, shippers must embrace a flexible and responsive approach.

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Track the Supply Chain Metrics that Really Matter

Precoro

To monitor supply chain performance, stakeholders of successful companies typically define supply chain metrics that are relevant to the given business and track these KPIs regularly. By setting benchmarks for metrics, analysts can recognize unsettling trends and take preventive measures on time.

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Supply Chain KPIs & Metrics: Our Top 24 for Manufacturers

Silvon Software

For one thing, today’s operational processes have become more complicated due to the ever-growing number of sources, platforms and touchpoints that must now be analyzed in order to drive actionable insights from them. Supply chain metrics provide the intelligence needed to make better projections and more informed choices in such a market.

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Metrics that Matter: Customer Service

QAD

Inventory accuracy and minimizing stockouts are very important to customer satisfaction, but a few other metrics also impact the ability to meet customer expectations. Unreimbursed Freight. A high level of unreimbursed freight shows that the team is taking extraordinary measures to satisfy customers. Unreimbursed Freight.

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How to Optimize Freight Contracts

Intelligent Audit

Of all the details shippers and businesses have to manage and track, transportation costs and freight audits can be the most overlooked and impactful. Optimizing freight transport and hauling services with freight contracts can be done by taking the following steps to ensure accuracy in auditing and management. ?Unify

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. For organizations layered in functional metrics and driving a cost agenda, this is a tough nut to crack. Build in-market sourcing. The ride is uphill, but the visibility is low. What is normalcy?

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This Week in Logistics News (April 13 – 19)

Logistics Viewpoints

waters in recent years Ocean freight rates expected to jump after Iran seizes containership Walmart Canada is launching a national pilot program for customers to recycle their reusable shopping bags. Transloading is the process of moving freight from truck to rail or rail to truck. Logistics companies tell CNBC that U.S.