Labour Will Restrict NHS Suppliers’ Margins – A Few Questions

- March 30, 2015 2:54 PM | Categories:

The Labour Party launched their campaign for the forthcoming UK General Election with an announcement from leader, Ed Miliband, that suggested-procurement related issues are going to feature in the campaign. Under a Labour government, profits on all private sector contracts worth more than ÂŁ500,000 will be capped, he said, suggesting that private sector involvement was "draining money away" from the NHS. The cap will be set at a default level of 5%, although this could raised or lower to reflect the specific terms of different contracts. Any returns that firms make above this level would apparently have to be ploughed […]

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Putting a P2P Player in Selectica’s Knapsack: Analyzing b-pack’s Procurement Technology Strengths [PRO]

- March 30, 2015 10:58 AM | Categories:

Earlier today, Selectica announced it is acquiring b-pack. We view the transaction, despite its small size, as an important one for a number of reasons. First, it provides further evidence of the move by many vendors including Ariba, SAP, Oracle, Coupa, Ivalua, SciQuest and Proactis to build out or acquire suite capability (and ideally fully integrated suites) in the source-to-pay area. Second, it provides continuing evidence of M&A acceleration within the procurement technology market. And third, from a valuation standpoint, it shows a continued bifurcation of high and low multiples (top-line) assigned to different vendors in the market, regardless of the capability of the underlying technology in question. There are of course many customer and competitive implications of the transaction as well (which we will explore in more details in the coming days on Spend Matters PRO). In this first deeper take on the acquisition today, we offer a high-level review of some of the comparative areas of strength of b-pack. As we suspect many Spend Matters readers are not familiar with b-pack, we hope this analysis can bring them up to speed. A companion analysis on b-pack’s weaknesses will follow.

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Ask The Expert Webinar Rescheduled – New Date & Time Announced! Plus

Kaitlyn McAvoy - March 30, 2015 9:26 AM
As some of you already know, we had to cancel and reschedule our Ask the Expert webinar last week. But! No worries! We have rescheduled the event for this Friday, April 3... more ▸

Scotland Excel – Outstanding Sustainability/Corporate Social Responsibility Case Study

Nancy Clinton - March 30, 2015 4:35 AM
This is another in our series of reports covering some of the entries from the recent GO Excellence in Public Procurement Awards. They are chosen from the categories for which Pete... more ▸

Exploring Work Market: A Procurement Platform For a Post-VMS-Services World pro

Jason Busch - March 30, 2015 2:51 AM
Work Market has tuned its product marketing pitch to a perfect procurement harmonic. It hits every note when describing its target market, discussing the nuances of previously unad... more ▸

Procurement and Psychology – More Evidence that We’re Irrational

Peter Smith - March 30, 2015 12:55 AM
You are a thoughtful, objective decision maker, aren't you? You weigh matters up carefully, think logically about the best decision to meet your well considered goals, and proceed ... more ▸

March Album Review with Laura Marling, Courtney Barnett and Brandi Carlile

Peter Smith - March 28, 2015 12:30 AM
Laura Marling is only 25, yet Short Movie is her fifth album, none of them less than very impressive. She is arguably the most talented British "popular song" artist since David Bo... more ▸

Down the Procurement Pub with OFS Portal, Welsh Award Winners, Wax Digital’s Smartwatch and Charli XCX

Peter Smith - March 27, 2015 8:31 AM
Here is a picture of William (Bill) Le Sage and Chris Welsh of OFS Portal, an organisation that works with suppliers to the oil and gas industry and provides an eProcurement platfo... more ▸

Survey results are in! Here are procurement’s top personalities

Sheena Smith - March 27, 2015 4:32 AM
Nobody has done a study of "personality in procurement" before. Until now. We recently teamed up with the Institute for Supply Management (ISM) to conduct a survey based on Myers-B... more ▸

Best of Spend Matters Network – Week of March 23 Plus

Kaitlyn McAvoy - March 27, 2015 2:30 AM
It's Friday, which means another edition of the "Best of" roundup – giving you our favorite articles published around the Spend Matters Network throughout the week. Jason decided... more ▸

Best-of-Breed E-Procurement Smackdown: Choosing Between 3 Different Categories of Providers pro

Jason Busch - March 26, 2015 2:44 AM
For middle-market and large private-sector organizations, making a best-of-breed e-procurement decision used to be easy. There was Ariba (and then Coupa) and everyone else. But in ... more ▸

E-Procurement 2.0: jCatalog and Vroozi – 2 Opposite Ends of P2P Innovation pro

Jason Busch - March 25, 2015 2:29 AM
It’s time for an e-procurement reboot. In a few years, the sector will hit its 20th birthday. Yet in the past decade, overall e-procurement innovation has largely stalled. That i... more ▸