Earlier this week, Procurement Leaders reopened the discussion (wound?) on how best to measure procurement cost savings. This topic has been a source of debate since the inception of the first procurement department. And one that will continue to range on for the foreseeable future.
In fact, we at Supply Excellence have documented (and contributed to) [...]
Entries from September 2009
Cost Savings Don’t Matter: Why You’re Measuring the Wrong Thing
September 30th, 2009 · 3 Comments · enviro/social sustainability, supplier management, supply management, supply market dynamics
Tags: enviro/social sustainability·supplier management·supply management·supply market dynamics·Sustainable Sourcing
Travel Data 101 (Part 4): Travel Analytics
September 29th, 2009 · 1 Comment · best practices, sourcing, spend analysis
Editor’s note: We are pleased to welcome T&E strategic sourcing guru Scott Gillespie, author of the Gillespie’s Guide to Travel Procurement blog, for a four part series of guest posts on best practices for data in travel procurement. Posts 1, 2 and 3 covered travel data acquisition, scrubbing and reporting.
Today we’ll look at data reporting’s [...]
Tags: best practices·indirect spend·sourcing·spend management·spend visibility·travel
“Late payment” is #1 Supplier Concern
September 28th, 2009 · 1 Comment · supplier management, supply risk
An article on SupplyManagement.com last week highlighted the results of a survey of top concerns facing UK suppliers. Long-time Supply Excellence readers won’t be surprised to find that “late payments” were the #1 cited issue AND that those payments are being extended even further by the suppliers’ larger customers. Notably, “securing access to finance” [...]
Tags: recession·supplier management·supply chain finance·supply risk
Supplier Nominated Savings (Part 2): How to engage Suppliers
September 25th, 2009 · 3 Comments · best practices, financial value chain, sourcing, spend analysis, supplier management, supply market dynamics
In Part 1 of this series, Shawn Penrice did a great job defining what we mean by “supplier nominated savings” and helped walk you through identifying categories to target (the replay of our recent presentation on this topic for a SIG webinar is available here). Interestingly, Pierre Mitchell, from the Hackett Group, weighed in and [...]
Tags: best practices·indirect spend·MRO·packaging·procurement·spend management·temporary labor·transport
Wal-Mart’s CSR program saves oil AND $3.5 million
September 24th, 2009 · 4 Comments · LCCS and trade, enviro/social sustainability, sourcing
Yesterday, Procurement Leaders ran a story on the impact of Wal-Mart’s efforts to reduce excess packaging in the toys they carry. In addition to the reduced consumption of paper and plastic in the actual packaging, the article reports that the changes saved Wal-Mart 727 shipping containers and 1,300 barrels of oil in comparison to the [...]
Tags: enviro/social sustainability·LCCS and trade·packaging·retail·Sustainable Sourcing·transport

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