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New Procurement Report for Transportation Sourcing

Thanks to Oracle Supply Chain Management for this story

Welcome to our fourth annual transportation procurement benchmark report. American Shipper, in partnership with the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA), surveyed roughly 275 transportation buyers and sellers on procurement practices, processes, technologies and results.

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Some key findings:

Manual, spreadsheet-based procurement
processes remain the most prevalent among transportation buyers, with 42
percent of the total

Another 25 percent of respondents use a hybrid
platform
, which presumably means these buyers are using spreadsheets for at least one mode and/or geography

Only 23 percent of buyers are using a completely
systems-based
approach of some kind

Shippers were in a holding pattern with
regards to investment in procurement systems the past year

Roughly three-quarters of survey respondents report
that transportation spend has increased in 2012
, although the pace has
declined slightly from last year’s increases

Nearly every survey respondent purchases
multiple modes of transportation

The number of respondents with plans to
address technology to support the procurement process has increased in 2012.
About one quarter of respondents who do not have a system report they have a
budget for this investment in the next two years.

Read the entire article at its source

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