Freight Lean Metrics Procurement 
Talking Logistics
JUNE 30, 2015
In the last decade, many companies, especially those with manufacturing operations, have evolved direct materials sourcing from an administrative function to a strategic procurement process. As a strategic process, transportation procurement may still seem very tedious and challenging. Be demand driven.
4WL Consulting
JULY 8, 2015
The previous decade has seen many companies, mainly those handling manufacturing operations, change how sourcing of direct materials is executed – from an administrative function to a somewhat strategic procurement approach that has seen the creation of a new position “the Chief Procurement Officer.”
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GlobalTranz
OCTOBER 21, 2015
Editor's Note: As of late you may have noticed we have written a lot about procurement and the future of procurement. A large part of procurement is finalizing the contract and then the follow through of the determined deliverables in that agreement. All KPIS have metrics to measure. Effective KPI Management Goals.
The Logistics & Supply Chain Management Society
APRIL 26, 2022
The Freightos Baltic Index Global Container Freight Index shows the cost of shipping freight remains hugely elevated – more than double the price a year earlier. In fact, global freight rates have increased tenfold since the start of the pandemic. And this was before the Russian invasion of Ukraine began.
NC State SCRC
MARCH 25, 2021
This monster ship, which is as long as the Empire State Building and weighs about 200,000 metric tons, became stuck due to high winds, and no one seems to be able to get it out. Because procurement executives were so focused on cost, they did not worry about shipment velocity. Well, what about air freight?
Unleashed
MARCH 31, 2021
A lean business looking to build efficiencies would do well to try and improve this metric. A metric to determine how many days it would take to run out of supply if you did not replenish your stock. Freight bill accuracy. A metric that does what it says on the tin – measures the accuracy of freight bills.
Supply Chain Game Changer
NOVEMBER 19, 2018
Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. Lean for instance is equally applicable in Supply Chain as it is in Manufacturing or anywhere else. And the reality is that Supply Chain must be cost-effective.
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