Spend Analysis Archives - Page 7 of 8

B2B and B2G Supplier Pricing Strategies

Leave a Comment / Benchmarking, Spend Analysis, Supplier Directories / Editor

The attractive deals posed by product consolidating vendor/distributors (e.g. Office Supplies and Catering Products) can be just as deceptive as supermarket’s ‘buyonegetonefree’ (BOGOF) pricing, says Wally Johnson, Chairman of Purchasing Index UK, in this month’s SmartProcurement. Awareness of supermarket pricing practices “Stimulated by the growing focus of television and newspaper content on the tricks of […]

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New Expenditure Analysis tools empower procurement, increase savings

Leave a Comment / Procurement Strategy, Spend Analysis, Technology / Editor

A new generation of expenditure analysis tools offers a route that procurement departments can follow to help their organisations avoid laying-off staff , Alan Low, Managing Director of Purchasing Index, tells SmartProcurement. The need to save money is universal in the current recession. In these times of austerity, encouraging management and staff of an organisation

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The toughening economic climate – A ‘call-to-arms’ for the procurement function

Leave a Comment / Procurement Strategy, Spend Analysis, Supplier Partnerships, Supply Chain Management SCM / Editor

At present there seems to be two schools of thought regarding the impact that the global economic recession is having in South Africa. People are either sure it is real and are dramatic in their response, or they are pragmatic in a perception of resilience through non-exposure. The recession is real. For the average housewife

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Valuable spend information so important in the current economy

Leave a Comment / Benchmarking, Procurement Strategy, Spend Analysis / StaffWriter

It seems as though climate change and recent economic upheavals may have more in common than one might expect. It isn’t so much that the weather is getting notably worse, but that short-term changes seem to be becoming more extreme. Recent fatal storms in KwaZulu-Natal this holiday season and flash floods in the Cape last

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Cost reductions needed NOW!

Leave a Comment / Benchmarking, Spend Analysis / StaffWriter

Some of the trauma associated with the current global crisis has been due to the speed with which the markets have changed. Twelve weeks ago Platinum was trading at $2,300 an ounce, today it is at $840 – a drop of almost two thirds. With the precipitous decline in global stock markets organisational management are

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Powerful, next generation spend analysis service launched

Leave a Comment / MRO, Procurement Strategy, Spend Analysis, Supplier Management, Technology / StaffWriter

Purchasing Index (PI) is has announce the launch of a groundbreaking new spend analysis service, Spendtrak™, a next-generation technology that transforms spend analysis from “nice-to-have” to “must-have”. At a fraction of the cost of most older technologies, Spendtrak™ will immediately demonstrate superior value for money” Alan Low, Managing Director of PI, explained to SmartProcurement. “Spendtrak™

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New SearchLight Launched: The next level in Description Based Spend Analysis

Leave a Comment / Procurement Strategy, Spend Analysis, Technology / bernievn

The latest version of Searchlight, a description based spend analysis tool has just been launched. “The new version of SearchLight takes spend analysis to the next level,” Marc Silberbauer of Marshan Technologies told Smart Procurement. “SearchLight Description Based Spend Analysis software is designed to analyse purchase order transactions by reading descriptions,” says Silberbauer. “It

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Blind procurement professionals trying to control naughty end users when its too late…

Leave a Comment / Spend Analysis / bernievn

Every one knows that controlling the inputs into the supply chain via the Procurement process is key for creating sustainable business success, says James Yates, COO at Cutting Edge Commerce. “Recent reports in the press relating to unauthorized procurement and irregular sourcing activities in all sizes of organizations, both in the public and private sector

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Only 1 in 10 procurement professionals can extract critical information

Leave a Comment / Procurement Strategy, Spend Analysis, Technology / StaffWriter

“Most World Class Organisations have realised that procurement is a key component for sustainable business success.” James Yates, COO of Cutting Edge Commerce tells Smart Procurement. However, the lack of visibility into accurate and complete transaction data is hampering company performance. Usually, large companies commission an outsourced service provider to develop a solution which

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SEARCHLIGHT points the way for Omnia’s Group Procurement Initiative

Leave a Comment / Spend Analysis / StaffWriter

To realise its collective procurement power, the Omnia Group recently introduced SEARCHLIGHT Description Based Spend Analysis software, a product distributed by CCI-Growthcon. The implementation of the software follows after Omnia had identified an opportunity to get better deals from suppliers in terms of service and price by setting up Group contracts for certain commodities.

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