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Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

After all, when it has to be there on time and lead time is already short, simply finding a carrier willing to move the freight at any price can seem like a win. Does your TMS solution provide a competitive bid spot bid management tool? Does your TMS solution provide a competitive bid spot bid management tool?

Budget 100
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Ultimate Guide to Procurement in Education: Tips for Schools & Academies

Planergy

While less visible, these procurement areas are crucial for maintaining a functional educational environment. This involves consulting educators, administrators, and department heads to identify specific needs, performance expectations, and budget constraints. Though it makes budgeting a bit more complex , its often worth it.

professionals

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How effective Tail Spend Management can drive cost savings

Procurement Software

Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. 2) Uncontrolled purchases. Eliminate maverick spend.

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How effective Tail Spend Management can drive cost savings

Procurement Software

Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Below are 5 ideas of ways to extract real savings from your tail spend while improving your overall purchasing governance. Implement a competitive bidding policy. 2) Uncontrolled purchases. Eliminate maverick spend.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Sourcing : Procurement uses competitive bidding, e-sourcing, and supplier development. The procurement team manages the order, monitors quality, ensures on-time delivery, processes invoices, and handles any issues that arise during fulfillment. Purchasing's value-add is more limited. Purchasing interacts mainly with suppliers.

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Tariffs Just the Latest Reason to Implement a TMS Solution

Supply Chain Collaborator

As if you needed another reason to embrace the cost-saving, capacity-finding, efficiency-boosting, customer-pleasing benefits yielded by the use of a well-designed and deployed TMS platform – the Trump Trade War and associated tariffs add another unexpected cost to already-squeezed transportation budgets.