When I say “casino”, what’s the first thing that comes to mind?
Probably for most of you, it’s money. Actually more like MONEY. Money being spent, won and lost at breakneck speed. And although you’ve possibly had trips to Vegas where you were up against The House (and ask a gambler, and they’ll always tell you [...]
Entries Tagged as 'costing'
RFPs for Magicians and Exploding Pirate Ships?
February 26th, 2010 · No Comments · best practices, contract management, costing, sourcing, spend analysis, supplier management, supply management, supply market dynamics, supply risk
Tags: best practices·contract management·recession·sourcing
Can your company trim Health Care spend?
August 13th, 2009 · 2 Comments · Services Procurement, best practices, costing, sourcing, supply management, supply market dynamics
With health care reform front and center in US politics this summer, many companies are waiting out the volatile fight on the sidelines. Companies that provide benefits are wondering if reform and a potential government backed insurance plan might provide some costs savings. While companies that don’t currently cover workers fret about possible new mandates. [...]
Tags: best practices·health care·recession·Services Procurement·sourcing
CFO Magazine: Don’t just cut costs…Deliver value
July 15th, 2009 · No Comments · best practices, costing, supply management
Past Supply Excellence posts have (with much controversy) documented CPOs reporting that hard cost savings is the “only KPI that matters” to their CFO. In the past year, this refrain has only crescendoed as the economy has made cutting costs to maintain profitability (and survival) job #1.
Yet, a frenzied focus on cost cutting can prompt radical [...]
Tags: cost containment·recession·spend analysis·spend management·spend visibility
Gates Proposes Serious Spend Management for Defense
April 10th, 2009 · 1 Comment · best practices, costing, sourcing, spend analysis, supplier management, supply management, supply market dynamics
As Tim Minahan pointed out last week, the history of US government procurement is riddled with biting rhetoric about cutting “fraud and waste” from government purchasing. But as we’ve seen time and again, one politician’s glaring example of “pork” is another elected official bringing home the bacon (and helping their chances at re-election). So valiant [...]
Tags: best practices·outsourcing·procurement·regulations·sourcing
Marine One Choppers: Goal Should Be Results, Not Specs
March 17th, 2009 · 1 Comment · automotive sector, costing, sourcing, spend analysis, supplier management, supply management
President Obama earned some political points recently when he identified the “procurement process gone amok” behind the Marine One helicopter project, whose projected costs have risen from $6.1 billion to $13 billion. Although the new fleet - scheduled for delivery in 2012 and 2019 - has major safety and communication upgrades, the President feels the [...]

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