It would seem that the current practice of enhancing spend visibility and price benchmarking wherever possible in the corporate arena has been slow to permeate consumer consciousness. While we are all seeking to save a buck on everything we buy, the …
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Share This on Linked In A recent article in Information Week on getting started with your energy efficiency program had a few good tips that are worth sharing. Identify current power usage Use real data which measures power utilization on an hourly basis. Contact your [...]
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There is a certain arrogance to suppliers in the A&D market (similar to the arrogance of those in the automotive industry). If you can meet A&D customer expectations (e.g., tight tolerances, just-in-time programs, quality, etc.), you can meet them in…
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If you work in the finance or procurement department of a company these days, there’s no doubt that you’re being asked to scrutinize all costs, looking under desks and in the quietest corners for savings opportunities. You’re probably also looking fo…
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Share This on Linked In A recent article in Strategy + Business that discussed a recent survey that found that information technology is a neglected asset in joint ventures, besides unearthing a very disturbing trend, attempted to outline the major roadblocks to IT recognition and some ways to overcome those roadblocks. [...]
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Last week, I started my investigation of Fieldglass, the platform vendor that my research suggests is the largest and fastest growing software-only provider in the services procurement market (in contrast to other services procurement software provid…
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A blog over on Manufacturing Business Technology has the scoop from Baxter’s latest sustainability report about how the company netted roughly $12 million by going green. The blog post notes that this contribution to margin came from “environmental i…
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Share This on Linked In I read a very startling article this weekend on SupplyManagement.com. A recent study across 550 financial directors and CFOs from large organizations in the US, UK, Scandinavia, Germany, Spain, Belgium, the Netherlands, Luxembourg, and France found that only 17% of CFOs believe procurement heads deserve a [...]
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Note: This is our first column today on Boeing’s 787 hold-out. Check back later today for a second column from an industry insider who has a strong perspective on what went wrong regarding Boeing’s quality processes
Over on Spend Matters affiliat…
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Early cartographers used to mark unexplored areas of their maps with statements like, “here there be monsters”. I sometimes think modern-day I.T. organizations tasked with mapping the requirements for Procure-to-Pay designate whole swaths of territo…
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