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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. At the heart of it all, an effective procurement strategy remains paramount.

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Definitions Matter

Supply Chain Shaman

I just went live this year with a Fortune 25 company, and their factories book against their orders online. In this traditional definition of a supply chain model, I define a good plan as: A positive Forecast Value Added (FVA) analysis/output for the forecast with minimal bias. (I I do not define it by error.)

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Organizational Alignment: Overlooked, but So Important.

Supply Chain Shaman

In my research, I find that the lack of alignment has a direct impact to value (operating margin and market price to book value). If you answer the survey, I will gladly give you a custom analysis of your organization against the peer group. My first takeaway is the need to do further analysis. To respond, follow this link.

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5 Best Logistics Books for Beginners

Supply Chain Opz

We will show you 5 logistics books that will help you learn faster than any other books. In Search of Best Logistics Books In order to help you develop your skills, we would like to introduce you to the best logistics books to keep within reach. We try to shy away from the math-heavy book as much as possible.

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6 Must-Read Supply Chain Books for 2023

Resilinc

The last time we compiled a list of supply chain book recommendations was in 2016 in our blog, 6 Books Every Supply Chain Professional Must Read. That’s why we’ve compiled a new list of six highly recommended supply chain books from our team, to help you navigate supply chain management and resiliency in 2023 and beyond. #1

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5 Best Logistics Books to Keep Within Reach

Supply Chain Opz

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? Difficulty: we try to shy away from the math-heavy books as much as possible. . Best Logistics Books are as below: 1.

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6 Ways Energy Companies Can Benefit from Procurement Technology

EC Sourcing Group

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.