Purchased Transportation (PT) is an increasing spend category for FedEx where 3rd party contracted carriers are utilized for balancing lanes and meeting additional network capacity requirements....
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The Sourcing Playbook is a set of flexible, standardized templates with accompanying training for certain critical deliverables within the FedEx Sourcing Methodology. Prior to the Playbook,...
Collaboration across finance, procurement, and supply chain helps companies save money, avoid supply chain disruption, and take advantage of strategic opportunities. Operational silos and...
Most of the time, procurement follows a step-by-step methodology to delivers results. A traditional RFP perhaps followed by an e-Auction resulting in the best suited vendor with the best value...
For most firms when the pandemic hit it changed the way they thought about Third Parties that were critical to their business operations and overall business continuity. This was no different in...
One year later, the pandemic has managed to completely change our workplace forever. We have gone from working in the office with minimal flexibility permitted in some business → to working where...
Vendor management starts with proper onboarding and registration of suppliers. Onboarding and managing suppliers has never been easy, and old-age methods combined with decentralized approaches...