An efficient and effective supply chain can become a powerful competitive advantage in a marketplace saturated with demanding customers and innovative competitors. Many companies struggle with the daunting task of reducing freight costs every year, when their vendors are already struggling to provide the service at such low costs. An alternative to beating down your vendors on price to reduce supply chain spend, is to focus on compliance. Holding your vendors accountable for falling short on service levels and billing expectations can save your company time and money, as well as improve relationships with your customers. Vendor’s should be compliant in two distinct areas; billing and performance. Continue Reading