article thumbnail

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.

article thumbnail

Optimising M&M Spares Supply Chain – LogiSYM August 2020

The Logistics & Supply Chain Management Society

Additionally, M&M SBU has created a closed-loop process for monitoring procurement and warehouse activities to support the fulfilment of the sales plan. The path to recovery from COVID-19 – LogiSYM August 2020. 10 Huge Benefits of eCommerce Businesses for Retailers & Buyers – LogiSYM August 2020.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Procurement Rising – The Time is Now

ivalua

Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. People should be thankful, and procurement practitioners proud. Examples abound.

article thumbnail

What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

article thumbnail

2024: Planning for Success Amid the Uncertainty

Logistics Viewpoints

Fewer organizations achieved their business goals in 2023 than in any recent year, aside from 2020. Sourcing and procurement comes in close second at 88 percent, followed by innovation at 87 percent. With the continued challenges facing supply chains, that is no surprise.

article thumbnail

Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

article thumbnail

4 ways IT & Procurement team collaboration increases resilience

ivalua

The Hackett Group report recommendations on IT & Procurement collaboration and how it can benefit your organization in the time of Covid-19 and beyond. This study includes input from a range of industries via interviews conducted with pairs of IT and Procurement leaders.