Creating an effective sourcing plan
When it comes to logistics sourcing plans, most customers simply bid their volumes into the market as contracts expire, and set their new contracts for the same standard terms. GEODIS’ sourcing plan uses a range of market intelligence factors – including pricing trends, micro-economic indicators, capacities, unique customer requirements – as well as supplier entrants, exits, capabilities and financial health. We then use this information to develop a strategy for the entire bid process, ensuring that a competitive bid is retained.
