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Procurement vs. Purchasing: What’s the Difference?

Procurement vs. Purchasing: What’s the Difference?

Feb 26, 2021 | Articles, Procurement, Procurement - Purchasing - SRM, Purchasing, SRM, supply chain

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…

The Best KPI: The Probability of a Perfect Order

The Best KPI: The Probability of a Perfect Order

Feb 18, 2021 | Articles, Benchmarking, Performance Measurement - KPIs

Delivered in full & on time (DIFOT) is a very important key performance indicator (KPI) but most people measure it the wrong way and that’s why I am going to explain what I think is the best measure…

Raising Productivity in Logistics Operations: The BHAG Approach

Raising Productivity in Logistics Operations: The BHAG Approach

Feb 5, 2021 | Articles, LOGISTICS, Operations, Trends

Have you ever wondered why some businesses flourish and reap healthy profits while others flounder and make losses? The answer lies in the goals they set themselves…

4 Common 3PL Mistakes on Logistics Outsourcing Contract

4 Common 3PL Mistakes on Logistics Outsourcing Contract

Feb 1, 2021 | 3PL, LOGISTICS, supply chain, Videos

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...
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  • Procurement vs. Purchasing: What’s the Difference?
  • The Best KPI: The Probability of a Perfect Order
  • Raising Productivity in Logistics Operations: The BHAG Approach
  • 4 Common 3PL Mistakes on Logistics Outsourcing Contract
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