ResourcesResources about e-procurement, spend visibility, growing revenues, the future of procurement and more
Why build a procurement dashboard? If you spend a lot of your time looking at reports and trying to make sense of the information you get from different sources such as excel spreadsheets, ERP systems, accounting software, databases and manual forms then you could benefit from building a procurement dashboard.
Video introducing Claritum’s spend management platorm and capability. Claritum helps you to maximise on spend under management.
Supply chain management is an important process for most companies because an efficient and streamlined supply chain will improve the efficiency of the business and will ultimately translate to lower costs and higher profits.
Complex indirect spend categories or ‘Tail Spend’ present unique sourcing challenges to most organisations. These categories are characterised by being unpredictable in their demand, they require accurate specifications, are deadline driven and often have a low average order value.
Many companies focus a lot of time and effort trying to gain new customers rather than looking after the ones they already have. However, employing a strategy to increase customer retention can increase profits significantly as it is considerably more expensive and time consuming to acquire new customers than it is to retain existing ones.
Tail spend is a phrase that is commonly used to describe the spend that a company is making but not accounting for or managing strategically through the company’s procurement policy. This is the spend that falls outside the main purchasing categories.
Often these purchases are made by employees who may not have the time or skills to make effective purchasing decisions.
Is your company growing as quickly as you would like it to? Procurement Service Providers often find that growth can be challenging. Customers often demand quicker, better and cheaper services whilst competition is fierce.
What an exciting and insightful show! And a great chance to network and develop new connections. A few of the Claritum team made the trip to Olympia London last week for the TFM&A event and it was definitely time well spent. It’s always good to keep updated on new...
Have you heard about Spend Management Technology and decided that you don’t need it because your business can do without it? Read on and find out whether your organization really needs to invest in sourcing technology such as a cloud based spend management platform....
Good business intelligence is crucial to the success of a growing business. A business cannot understand how and why it is being successful and where it is failing if it does not have access to good reporting and analysis tools.
Has your spending left you feeling bloated and over weight? Has your uncontrolled spending given you the January blues? Do you know where those few extra pounds (or dollars) went? Did you feel the same way 12 months ago but lacked the resolve to truly tackle your...
How to Grow Revenues for Print Service Providers: Part 2
Standing out from the competition in today’s competitive market is difficult, you need to have a unique sales propostion. Something that helps your company stand out from the crowd. Something you can proudly say is different about your business. A point that your sales team can use to sell your company to your prospective customers.