Transportation Procurement: A Primer to Better Logistics Management
Source: Schneider National
Transportation spending is among the largest drivers of total supply chain costs. After enjoying a sellers' market for the last few years, the recent economic slowdown has resulted in many companies attempting to lock in more favorable shipping rates. But how does a company know if the time is right to go to market? How effective are its transportation procurement practices when it does go to market? The following white paper is the first in a series of publications that Schneider Logistics, Inc.'s Supply Chain Advisory Services Team will be producing on the topic of Transportation Procurement Lifecycle, in an effort to promote a better understanding of the supply chain from a transportation logistics perspective.