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U.K.’s Budget Prompts Call for Logistics Minister

Supply Chain Brain

Logistics companies will see costs rise because of the increase in minimum wage and contributions employers will need to make to the country’s National Insurance program.

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Logistics Budget Getting Hammered on the Spot Market?

Supply Chain Collaborator

The post Logistics Budget Getting Hammered on the Spot Market? With capacity tight, it simply does not make sense to engage the spot market without visibility and controls in place to ensure the most efficient utilization of a mode that is by definition, less efficient. appeared first on UltraShipTMS.

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Here’s a comprehensive list of the top 100 skills that a Procurement Manager should master

Procurement Templates

Master Budgeting: Practice building and managing procurement budgets aligned with organizational goals. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., Analyze Total Cost of Ownership (TCO): Incorporate factors like lifecycle costs, maintenance, and disposal into purchasing decisions.

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What About Procurement Objectives?

Procurement Templates

Financial Objectives Budget Management: Monitor and manage procurement budgets to ensure spending stays within approved limits. Decide what is worth investing in, if there is no budget enquire, what might you be able to trade, what might already exist for other departments where the upfront fee has already been paid.

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6 Logistics KPIs Attributes That are Essential

SCMDOJO

Logistics KPIs (Key Performance Indicators) measure how well an organization logistics function is performing. Logistics KPIs examples can vary from Basic 5 Logistics KPIs to a detailed list of 47 , which you can get from here. Logistics is the central system that controls physical inventory flow in a supply chain.

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How to Create a Digital Marketing Strategy for a Logistics Company!

Supply Chain Game Changer

The power of digitalization is evident in many spheres and industries, including the logistics one. As the technologies develop, the means for promoting logistics services with a digital marketing strategy has also changed. For instance, logistics marketing heavily relies on digital channels of communication.

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Route Resilience: 5 Strategic Priorities for Logistics Excellence in the Next Year

Supply Chain Brain

Our webinar will cover a comprehensive guide for logistics professionals grappling with the stressors of the industry, like the pressure to optimize operations amidst tightening budgets and sustainability concerns.