Last week, Mike Petro outlined the opportunities presented by direct materials. On a similar note today, regular Supply Excellence contributor Rachel Rutkoski explains buyer’s market conditions for indirect spend and identifies several hot categories, including:
Labor - Rising unemployment means “buyers should evaluate any category where labor is a main cost component.” There is a glut […]
Read the rest » Supply Excellence
December 22nd, 2008 | Posted in Sourcing, Supply Management, Best Practices, Procurement, supply market dynamics, recession, Services Procurement, webinar, Top 5 Sourcing Opps, transport, indirect spend, temporary labor, SupplyWatch, buyer's market
I recently read an article on Purchasing.com about HP’s Purchasing Organization titled HP’s purchasing organization looks beyond price. At $104B in annual revenue, HP is quite a large organization with $16.5B in Indirect and Services Spend. The article talks about about how HP’s Procurement Organization initially focused their efforts on cost reductions but have […]
Read the rest » Supply Excellence
October 14th, 2008 | Posted in Sourcing, Supply Management, Best Practices, Spend Analysis, Outsourcing, Manufacturing, indirect spend, temporary labor