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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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The One Key Shift in Your Supply Chain and Procurement Strategies that can Drive Better Business Continuity and Resilience

Logistics Viewpoints

Procurement and Supply Chain Management are essential functions that can help companies navigate these challenges, but they are often siloed and operate in separate departments. Their metrics are often misaligned as well – supply chain focuses on service and procurement focuses on the cost of acquiring materials and services.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

Driving Sustainable Growth Through Supply Chain Resilience. The question is, how do we navigate our way out of this never-ending chaos to continue driving sustainable growth? Driving Sustainable Supply Chain Change. Driving Sustainable Growth Through Supply Chain Resilience. HOW DID WE GET HERE? MORE FROM THIS EDITION.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

What does Procurement mean? An organization’s Procurement function is responsible for managing spend, in other words the buying goods and services that are used to make the products sold to customers as well as the purchasing of products and services used to run the organization on a day to day basis. What is Direct Procurement?

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Top Transportation & Logistics Influencers

The Logistics of Logistics

Original article: Warner’s Top Transportation & Logistics Influencers. In light of the global environment in the past year and a half, we listed the top transportation & logistics influencers. The road hasn’t been easy for the transportation and logistics industries. miles of freight is expected to reach 7.67

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Enhancing Procurement Excellence Through the Power of Negotiation

Procurement Academy

A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.

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ERP Aids Your Sustainability Initiatives

QAD

Sustainable manufacturing refers to the ability to manage manufacturing operations “in an environmentally and socially responsible manner,” according to the Organization for Economic Cooperation and Development. In their 2020 sustainability report, Whirlpool announced record low levels of energy and water intensity in their plants.