10 Key Logistics & Procurement Supply Chain Practices to Know and Master to Reduce Spend.
SEPTEMBER 14, 2016
However, following these 10 practices can help you learn how to reduce spend in the procurement supply chain. Many suppliers and manufacturers may have existing, internal analytics tools, but using these tools for benchmarking processes may be ill-fated. This is comparable to the Holy Trinity of Manufacturing and Shipping discussed earlier this year in previous blog posts. However, 48 to 72 hours would be an ideal lead time, reports Steve Raetz of Logistics Viewpoints.