Originally appeared in FleetOwner. Fleet managers today wear many hats. Beyond ensuring timely deliveries, they’re tasked with recruiting skilled drivers, managing detention costs, utilizing evolving technologies, and controlling expenses, all while keeping operations running smoothly. One of the most persistent and complex challenges is optimizing parts inventory. It’s a delicate […]
Procurement
6 posts
Businesses should look to their procurement function for more than just price negotiation. In today’s competitive and challenging business atmosphere, every team within your organization should be playing a strategic role in addition to the basic functional role they have traditionally held. This recent IdeaXchange blog from Bill McCouch, Senior […]
One of the biggest concerns for the future of electric vehicles has been the lack of infrastructure to recharge vehicles. That turns out to be only one problem facing this growing technology. Reducing harmful emissions is certainly in everyone’s interest, when it comes to health and the environment. The trucking […]
Part 1 of this blog discussed how to identify if you have tail spend problems and what the scope of those problems may be. Dealing with it starts with looking at your vendor list. Too many vendors means too many issues Look at your vendor list. Are there too many […]
Gaining control over tail spend also means you gain control over your company’s working capital and get a view to future profitability. This blog first appeared on the Corcentric website. The internet and globalization have made today’s business environment more competitive than ever before. Increasing an organization’s revenues is not […]
A new AmeriQuest white paper details how taking a digital approach to procurement can bring dark purchasing into the light. Companies know that managing spend and controlling working capital are vital steps on the road to growth, yet many are unable to achieve company goals due to ineffective and problematic […]