Spend Analysis Archives - Page 8 of 8

Local procurement intelligence provider does global deal

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New York based Information Builders (IB), a supplier of business intelligence solutions and Pretoria based Cutting Edge Commerce (CEC) have announced a worldwide partnership that will see CEC’s pre-packaged procurement and supply chain reporting solution be made available globally for multiple ERP systems including SAP, Oracle, J.D. Edwards, PeopleSoft, Baan, Lawson, Sage Accpac and 1C. […]

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Up to 50% of procurement spend “Under the Radar”

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“The sheer amount of transactions, the lack of data integrity, multiple ERP systems and additional manual processes result in up to half of the procurement activity happening in organisations being misunderstood or misrepresented, ” Proppie Fraser GM Supply Chain Management at CEC, a provider of analytical procurement tools, told Smart Procurement. He said that in

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CEC acquires local World Class procurement training provider

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Commerce Edge, a provider of World Class Procurement training solutions, has sold a majority stake in its South African business to CEC (Cutting Edge Commerce), a leading BEE supplier of Procurement information, analysis and consulting services… “The deal improves Seta Accredited Commerce Edge’s BEE (Black Economic Empowerment) rating (the company is now a level 4

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Lonmin Platinum uses Description-based Spend Analysis software to Support Strategic Sourcing

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Lonmin Platinum’s Procurement Centre of Excellence has moved away from manual spend analysis efforts, using spreadsheets, to an automated solution using CCI-Growthcon’s Description Based Spend Analysis (DBSA) software. Tony Davey (Head of the Lonmin Platinum, Procurement Centre of Excellence) explains that “we are being placed under increased pressure to obtain good quality products and services

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BEE procurement compliance “Bureau” service launched

Leave a Comment / BEE, Preferential Procurement, Spend Analysis / bernievn

Does your company buy from non-BEE suppliers when a BEE supplier could have been used? Cape Town based CCI-Growthcon have developed an innovative approach to ensure maximum utilisation of BEE suppliers based on their description based spend analysis software – available monthly on a bureau basis. According to Marc Silberbauer of CCI-Growthcon “On a monthly

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Procurement intelligence becomes “empowered.”

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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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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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Advanced analysis tool unleashes power of procurement data

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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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Data everywhere, information scarcer than honest politicians!

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“The information was correct, but the interpretations were not…” I was sincere in everything I said, even just before the fall of Baghdad international airport.” Famous last words from the Iraqi information minister. But how about providing accurate, actionable information from your procurement information systems…. Or as some would say procurement miss-information systems. Organisations know

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