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Logistics Procurement – Performance Management

The Logistics & Supply Chain Management Society

Logistics Procurement – Performance Management by LSCMS Shippers’ Council Shortly after the outset of COVID, in early 2020, supply chains have been disrupted across the globe. Freight procurement is the mainstay of any supply chain professional but price is not the be-all and end-all.

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

ivalua

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Secure executive buy-in from procurement, supply chain and IT leadership. The post How to Manage Supplier Risk and Performance in an Uncertain Global Economy appeared first on Ivalua.

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How to Lower Your Ocean Freight Costs!

Supply Chain Game Changer

Even within the FCL option, optimization maybe achieved using the right type of container for the right type of cargo – like 20’ container for weight based cargo and 40’container for volume based cargo. Optimize your cargo packing. Audit your quotations/invoices. Auditing your quotation/invoice will help with this issue.

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Pandemic Lessons For Supply Chain Leaders

Supply Chain Shaman

Initially, the output was published to procurement to design strategic buying strategies. Procurement became an island–isolated from the demand signal except for MRP. Procurement: Purchase price variance and procurement cost. How do they need to shift? How do they need to shift?

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How To Optimize Material Flow Across Your Supply Chain With AI

ThroughPut

Supply chain material flow is monitored across the stages of Planning , Procuring, Producing, Delivering, and Returning. Data procured through real-time metrics can drive up sales , bring down wastages and lead to a robust supply chain. For example, an error of a misdirected shipment can be fixed before the cargo leaves.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

That''s why we ask our experts a very simple question " How to improve the operational efficiency in global supply chain? ". Research from APQC’s Open Standards Benchmarking in procurement shows that organizations without formal SRM programs report 121 percent longer supplier lead times.

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How to Plan for Common Disruptors in Ocean Freight

Talking Logistics

The major impact will be to hazardous cargo (majority of classes), with a hold on Xiamen port from August 1st to September 7th, including imports to Xiamen, exports from Xiamen, and transfers via Xiamen. Robinson offices, procurement teams, and customers.