Technology Archives - Page 41 of 42

Procurement intelligence becomes “empowered.”

Leave a Comment / Procurement Strategy, Spend Analysis / bernievn

Thirty Percent of procurement intelligence provider Cutting Edge Procurement (CEP) has been acquired by a BEE (Black Economic Empowerment) grouping led by businessman Althaf Emmamally (pictured). CEP provides business intelligence tools for analysing, managing and optimising the procurement environment to some of the largest procurement organisations in the country. Emmamally, which will now play the […]

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Analysing maverick spend between multiple procurement organisations.

Leave a Comment / Benchmarking, Spend Analysis / bernievn

The bain of procurement spend analysis is trying to analyse items which have been given different descriptions by end users. Now imagine having to do this across multiple organisations at the same time! This is the challenge faced by Purchasing Index when benchmarking prices of items between its various clients. “One of the biggest challenges

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13.5% savings on copy paper through Reverse Auctioning and BBBEE Supplier

Leave a Comment / e-Procurement / bernievn

A recent online reverse auction resulted in savings of up to 13,5% on photocopy paper whilst at the same time boosting the BBBEE score of a consortium of purchasers involved in the transaction. The online auction, held at e-Procurement solution provider, MWEB CommerceZone offices in Johannesburg, furthermore resulted in the price being maintained for an

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Air travel prices continuing down… But isn’t the total cost going up?

Leave a Comment / Benchmarking, Travel / bernievn

This graph shows the index for the average SAA, BA Comair & Nationwide net economy return ticket prices (excluding taxes and VAT) for the Johannesburg – Cape Town route across a number of organizations from September 2002 to 2005. This index shows that net prices have been moving down despite the price of aviation fuel

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SA Companies finally benefiting from e-Procurement promises

1 Comment / e-Procurement / bernievn

Local results seem to be echoing recent international research regarding e-Procurement benefits. According to Tracey Newman, CEO of MWEB CommerceZone, recent research from Aberdeen showed that e-Procurement tools deliver a 64% reduction in maverick spending… “Just two-thirds of procurement transactions were compliant with procurement contracts. The resulting maverick spending led to savings leakage in lost

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Innovative new tool for analysing uncategorised spend

Leave a Comment / Sourcing Strategy, Spend Analysis / bernievn

Through strategic sourcing many procurement organisations have improved their management of raw materials purchases. The next level of savings opportunities lie in the products and services that have not been tracked through the material master or buyer catalogue. Up to now, it has been almost impossible to deal with this aspect of procurement because it

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Consulting and professional Services under the Procurement Spotlight

Leave a Comment / Benchmarking, Sourcing Strategy / bernievn

As Procurement expands its influence across the organisation, many large expense categories come under a new commercial spotlight. ‘Consulting Services’, a spend category often covering an amalgam of services from strategic business consulting to IT consulting and even contract labour, poses new opportunities and challenges…

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New Leading Practice Benchmarking Service launched

Leave a Comment / Benchmarking / bernievn

Purchasing Index is launching a new continuous Benchmarker service, aimed at showing participating organisations how procurement practices are carried out in SA organizations, how it is changing over time and what are the developing trends…According to Alan Low, MD of Pricetrak…. … participating organizations from a variety of business sectors will be asked to assist

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Advanced analysis tool unleashes power of procurement data

Leave a Comment / Spend Analysis / bernievn

Local procurement specialists, Cutting Edge Procurement, have launched an advanced procurement information analysis solution. Director Johan Grimbeek, tells Smart Procurement it is now possible to draw more than 100 predefined procurement related reports across many different technology platforms and millions of transactions. “In the current knowledge economy, it is now an indisputable fact that information

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PC Prices drop faster than the rand strengthens

Leave a Comment / Benchmarking, Procurement Strategy / bernievn

The average purchase prices for standard desktop and laptop PCs recorded by Purchasing Index in their continuous quarterly PC benchmarking service. The graph shows that the cost of PC technology in RSA has continued to drop far quicker than the Rand has strengthened against the Euro and US Dollar. In addition the specification for the

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