In a recent post on the impact that corporate sustainability programs can have in driving bottom line savings during an era of shrinking top line revues, a commenter asked for a follow-up post on the tactics leading organizations are using to achieve results. Great request and I’ll do my best to oblige.
One of the first […]
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I had the good fortune to attend the YouTube LIVE events over the weekend. This vaudville-esque circus featured talent ranging from the well known MC Hammer, Mythbusters and members of the 30 Rock cast to more organic superstars like Tay Zonday, Beardyman (a human-beat-box) and the marketing genius who created Will-It-Blend.
As part of the festivities, […]
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This quarter’s SupplyWatch report hit the virtual shelves Friday (print edition will go out to subscribers shortly). In addition to the Core Category Details, this issue includes an interview with Yahoo! CPO Ron Carcamo, a man who was brought into the company 18 months ago to get their spend under control and chart a course […]
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One last topic from Spend Management Day in Seattle has been in my queue for a while, and that’s the common theme from several presenters towards processes that empower their employees to work on exceptions to the rule rather than repetitive tasks.
A great example is Expedia, whose contracts department handles a staggering 45,000 active contracts […]
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My own travels last week offer validation from the trenches that Amex’s predictions for travel curbs will come to fruition. Travel restrictions were a hot topic at the Sourcing Interests Group (SIG) Conference last week. No less than five procurement execs said their companies had implement restrictions for all but sales related travel. (Only two […]
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Purchasing.com reported this week that American Express expects businesses to cut travel & entertainment (T&E) expenses in an attempt to contain costs in 2009. With the current state of affairs in the economy, it’s no shock to see companies looking for ways to cut back. And with significant spending on the T&E category, it’s certainly […]
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It’s good to see Verticalnet enhancing its spend visibility capabilities. I especially like their positioning around using the solution to identify M&A synergies. Historically, Verticalnet has taken a largely services-driven approach to visibility while also offering supporting software. This model came out of Verticalnet’s acquisition of Tigris, a consultancy with a large spend visibility […]
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Akoya, an upstart analytics vendor that analyzes feature-level CAD information to help procurement and engineering organizations conduct top-down “should-costing” efforts to understand how individual design features in a part impact total cost, is finally getting some media play. Earlier this month, Industry Week profiled the vendor’s approach to direct materials spend analytics. The article […]
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