Cost-based freight procurement delivers price stability to transport buyers by anchoring contract rates in a carrier's verified cost structure—labor, fuel, vehicle maintenance, and allocated overhead—plus an agreed markup, rather than relying on volatile spot market levels.
Source: https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms.aspx
Matching tools and partners
You might also be interested in these terms
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.