World-class procurement organizations now have 18 percent lower operating costs than typical companies, and operate with 28 percent fewer staff, while generating more than twice the return on investment, according to new benchmark research from The Hackett Group.
Companies have a pretty good grip on the movement of physical goods in their supply chains. But they often overlook the accompanying flow of funds - and the opportunity to make better use of limited working capital.
Recent months have seen major car recalls by GM and Ford Motor Co. They're just the latest in a seemingly endless series of failures. Can this trend be stopped?
Wal-Mart Stores Inc. might be running a distant second to Amazon.com Inc. in the e-commerce race, but it's spending billions of dollars to close the gap.
LoadPay, the secure payment platform from Truckstop.com, has been integrated into the cloud-based transportation-management software of MercuryGate International Inc.