While the fuel price may have dropped by 11c last night, a future of higher fuel prices means organisations must proactively control their fleet finances. Fuel has always been a significant factor in an overall fleet bill, but the fuel price hikes since late 2008 mean that fuel costs around 25% more than the 20-year […]
Managing escalating fuel costs Read More »
Ready access to accurate, timely, structured internal and external business intelligence will create unprecedented abilities to synthesize info in support of decision making, envisions a report on Ideas for Procurement in 2020, the outcome of a dialogue between Ariba and leading procurement practitioners. “My hope,” says Dawn Evans, President and Chief Executive Officer, Sourcing Interests
Competitive advantage – full expenditure, risk and performance visibility Read More »
E-sourcing, global trading networks, online communities and procurement’s scrutiny into still-cloaked categories may force market pricing for goods and services to become so transparent that negotiation would be a lost art in the future, envisions a report on Ideas for Procurement in 2020, the outcome of a dialogue between Ariba and leading procurement practitioners. “We
Prices so transparent they’ll spell the end of negotiation Read More »
Easily calculate your annual BBBEE expenditure from your ERP or accounting system. Procurement information solutions provider Ezee-Dex has released an expenditure analysis feature that makes it possible for organisations to generate broad-based black economic empowerment (BBBEE) expenditure reports in only a few minutes, MD Cathrin Heath tells SmartProcurement.
Generate BBBEE expenditure reports in minutes Read More »
To get better quality data, it is essential to change behaviour – and to do that you need to have the right information tools at your fingertips. Purchasing Index’s Alan Low tells SmartProcurement that structuring data in a more meaningful way is only half of the success. Since the inception of PI in 1997 the
Quality of data – The eternal conundrum Read More »
With all the economic pressures facing South Africa, local municipalities are becoming increasingly focused on managing procurement expenditure. This focus has resulted in some interesting findings within procurement departments. The assumption that a supplier that quotes for a product or service is competent to supply is not always accurate, Dawn Smith, a Senior Procurement Specialist
Manufacturers, distributors and retailers will waste some $415 billion (R2 905-billion) this year overspending on transportation, technology & telecommunications and energy, US expenditure management consultancy NPI revealed in September. NPI’s research found that poor visibility in benchmarks for pricing, terms and cost-to-serve will contribute to overspending in 2010. The research is based on trends in
Estimated $415-billion overspend for 2010 Read More »
Visible supply data provided UK tax assessment office HM Revenue and Cust oms (HMRC), a platform for transforming its procurement function into a strategic role achieving maximum value, says David Thomas, Commercial Director (CPO) of the UK government department. Thomas credits data visibility as being the cornerstone of any procurement transformation. “If you want to
Visible expenditure data – maximum procurement value Read More »
A newly launched service by Purchasing Index allows Procurement practitioners to create instantaneous reports in many highly visual formats at the touch of a button. It empowers users to interrogate information instantly and to agree and take immediate action.
How can Procurement add value with poor information? Read More »
Consumer packaged goods organisation Tiger Brands has significantly reduced some of its inbound supply chain costs. This is owed to SearchLight description-based analysis software, which has been implemented by Tiger Brands in some of its various projects, Erica Bradley, of CCI Growthcon, told SmartProcurement. SearchLight offers transaction analysis that examines free-text descriptions in the purchase
Analysis software reduces Tiger Brands’s inbound supply chain costs Read More »
