The best way to understand the difference between procurement and purchasing in a business is to consider the process involved in buying a car, says Logistics Bureau’s procurement specialist, Trent Morris…
Having clear expectations is one among the four common mistakes that 3PL companies get into logistics contracts. It’s the power of the draft that is your opportunity to lay down exactly what you want and how it is going to work. Surprisingly, there are still a lot of...
Having been involved in hundreds of outsourcing projects over the last 23 years, I’ve been able to deal with various clients. And when Logistics Outsourcing goes wrong, I get questions like “Who’s to blame? Is it the 3PL company who screw it up? Or Is it the customer?...
In the previous episodes, Sarah Barnes-Humphrey, Supply Chain Expert, shared her thoughts on the 3PL Industry and the Technology in Supply Chain nowadays. In this video, she will be giving pieces of advice to people thinking of getting into Supply Chain. Watch this:...
If you have seen our videos, most of them are all about technology and people. We often get questions like: What are the essentials components in using tech in the supply chain, and what people usually get wrong? Watch this video as Sarah Barnes-Humphrey, Supply Chain...
One of the most common questions we get asked is all about outsourcing. What is it exactly? Watch this episode as we discuss the different situations and challenges of this business strategy. Related articles on this topic have appeared...
ARTICLE SUMMARY A common conundrum for companies is how to reduce their freight costs, which due to a recovery in demand following the Covid-19 pandemic have skyrocketed. Putting a lid on escalating freight costs has now become more important than ever. There...
ARTICLE SUMMARY Three rules are really important in inventory management. If you don’t get them right, you won’t be able to do a lot of other things. They are: 1) Observe ABC Classification It has long been shown that 20 percent of lines account for 80...
ARTICLE SUMMARY Product slotting can significantly improve warehouse productivity—and reduce labour costs by up to 30 percent. Simply put, product slotting is about putting the right product in the right place so you can pick it in the most efficient way. In...