Procurement Strategy Archives - Page 37 of 37

How to calculate the value that Procurement adds to the organisation

3 Comments / Procurement Strategy, Tools, Tools & Tips / bernievn

This online calculator helps determine the value that Procurement adds to the organisation. What is the effect of your procurement savings on the company’s operating profit? On earnings per share? What is the return on investment (ROI) on your proposed procurement transformation strategy? This simple online tool will assist you in calculating key ratios that […]

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How an old(er) lady got 10% of the savings! Incentives made easy?

Leave a Comment / Procurement Strategy, Sourcing Strategy / bernievn

Your company’s new year’s resolution – on your behalf – will be clear this year. Procurement needs to produce more savings than last year! More people will adopt sophisticated TCO (total cost of ownership) models to analyse, improve and measure costs. And if not now, you will be incentivised on reductions achieved. Being paid for

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How one procurement manager’s vision shook the auto-industry

1 Comment / Commentary, Procurement Strategy / bernievn

By Bernie van Niekerk March 1993. The New York Times reported that the Vice President for Worldwide Purchasing at the world’s largest Automotive Company was leaving. As a result General Motors (GM) lost 3.5% of its market value in one day! Jose Ignacio Lopez de Arriortua, was credited with saving GM more than $4bn during

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Procurement Strategy

How to calculate the value that Procurement adds to the organisation

How an old(er) lady got 10% of the savings! Incentives made easy?

How one procurement manager’s vision shook the auto-industry

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