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. Cluster and Consolidate Shipments to Create More Predictable Demand for Suppliers and Carriers. As a result, more shipments can be placed on “fast lanes,” reducing overall freight spend and duration of shipments.