Author Archives: Peter Smith



At Last, a Good Month For Our Procurement Stock Portfolio

procurement stocks

It's time for news about our portfolio of stocks from companies that are all or partly focused on procurement. We have 20 firms represented in our portfolio, and while this year we have abandoned our personal stock-picking competition after last year’s disaster (when we all lost significant amounts of money), we will still be reporting on overall portfolio performance every month and picking out a few firms to focus on more closely. Overall, March saw the improving trend continuing, with markets continuing their recovery from the January woes, and our portfolio in general is performing well. Indeed, for the first time in over a year, the procurement portfolio significantly out-performed the wider market. The procurement stocks in aggregate were up almost 5% on the month and now stand at over 2% above the beginning of the year, whereas the markets in general were up a couple of percentage points and are pretty much back to where they started in 2016.

One Big Winner, Several Big Losers: February’s Stock Portfolio

procurement stocks

It's time for news about our portfolio of stocks from companies who are all or partly focused on procurement. We have 20 firms represented in our portfolio, and while this year we have abandoned our personal stock-picking competition after last year’s disaster, when we all lost significant amounts of (fake) money, we will still be reporting on overall portfolio performance every month and picking out a few firms to focus on more closely. Overall, February was a better month for the markets than January, with some stability returning in most countries following the dreadful start to the year, although the Dow Jones Global Index is still some 7% down year-to-date. Our overall portfolio is down some 2.5% so far, but while many of the stocks have been fairly quiet this year, the overall number conceals some big swings, positive and negative.

The Spend Matters Procurement Solutions and Software Stock Portfolio for 2016

procurement solutions stocks

Regular readers will know that, for the last couple of years, we have created and then followed a stock portfolio, created from the firms who are quoted on various stock exchanges and have a significant interest in the world of procurement technology and solutions. We have also run an internal competition, whereby Jason Busch and I (for two years) and also Nancy Clinton (last year) chose our own portfolio from among the 20 or so firms. But last year we suffered the ignominy of underperforming the market and our overall full portfolio. So although Jason won, we have decided to lick our wounds and not choose our own basket of firms for 2016.

November Means No Profit for the Spend Matters Stock Pickers

procurement solutions stocks

Our three Spend Matters stock-pickers have now sunk into a late autumn pit of despair as the nights lengthen and the leaves lie heavy on the saturated ground. The portfolio of 24 procurement-related stocks we put together continues to underperform the wider market, and our three “heroes” — Jason Busch, Nancy Clinton and Peter Smith — continue to underperform the portfolio by some distance with their specific picks.

PepsiCo Fires its Marketing Procurement Team, Shifts Work to Brand Managers

Pepsi

In a move that will have a lot of procurement professionals looking over their shoulders, PepsiCo has eliminated its global marketing procurement team. The maker of Pepsi, Tropicana and Quaker runs one of the world’s most respected brand and marketing firms. But a push for improved speed and flexibility, essential in this age of quickly produced multichannel advertising, has caused Pepsi to reconsider a centralized procurement department's role in that effort.

The Witching Hour for Our Procurement Stock Portfolio? Maybe, Maybe Not…

stock-exchange

As we rapidly approach the end of the year, and as the witches and wizards appeared on our streets in October and the nights lengthen, can our three Spend Matters stock-pickers turn their performance around and beat the market over the final months of the year? We’re talking about our portfolio of procurement-related stocks, of course, and whether myself, Jason Busch and Nancy Clinton can beat the overall weighted portfolio that contains all 24 of the firms with a procurement interest. We had a reasonable month of October, with our portfolio following the market and up some 7%, although it is still some 8.5% below where it started on Jan. 1.

Spend Matters 50/50: LeanLinking – A Provider to Watch in 2015



LeanLinking is one of our 50 Providers to Know. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.

LeanLinking has taken a neat idea and run with it. Whether a small startup in Denmark — and with a real procurement practitioner at the helm rather than a hyped-up startup software provocateur — can succeed these days is less clear.

Spend Matters 50/50: Keelvar – A Provider to Watch in 2015

100 companies - 100 days Keelvar is one of our 50 Providers to Watch. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs. What distinguishes Keelvar is the ability of its platform to handle complex sourcing issues in an easy-to-operate way.

Spend Matters 50/50: Intenda – A Provider to Watch in 2015

Intenda is one of our 50 Providers to Watch. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.

We first came across Intenda some five years ago, when it started making an impact in the UK public sector, with contracts for providing e-auctions for the Ministry of Defense, and for large collaborative buying organizations in health and local government. Its UK operation, based north of London, in Welwyn Garden City, includes sales, management and some development, but its main development center is in South Africa, where the firm was founded.

Spend Matters 50/50: Xchanging/MarketMaker 4 – A Provider to Know in 2015

Xchanging/MarketMaker 4 is one of our 50 Providers to Know. We will be highlighting 100 companies (50 to Know, 50 to Watch) from our 2015 Spend Matters Almanac over the span of 100 days. Practitioners are encouraged to browse the categories listed in our Almanac to find the provider that best fits their needs.

Recent events have rather overtaken our 50 to Know review of Xchanging/MarketMaker 4, with Xchanging at parent firm level receiving two takeover bids last week. As those bids were pitched at some 70% above the prevailing share price, it seems likely one of them — or indeed a further new bidder — will succeed.

A Quiet September For Our Spend Matters Stock Portfolio

stock exchange

September was a quiet month overall in terms of our Spend Matters Stock Portfolio and most major global stock markets. The Spend Matters portfolio of all 24 firms lost about half a percent of its initial Jan. 1 value during September. Our portfolio follows the progress of quoted companies that operate in whole or part in what we call the procurement solutions market. We are tracking the performance of these shares on various stock markets from Helsinki to New York via Paris and London. Check out the full post to how these procurement companies performed last month.