cost management Content

FedEx Quietly Unveils New Surcharge

Spend Matters welcomes another guest post from Jon Winsett of NPI, a spend management consultancy focused on eliminating overspending on IT, telecom and shipping. For years, […]

Capital Equipment Sourcing: Pitfalls to Avoid

Procurement professionals who participate in the sourcing decisions for capital equipment often face several challenges: how to measure and derive value (especially when historical precedent is not available), how to gain the trust of the business stakeholders (especially the plant production and engineering ones), how to gain an “even place” at the negotiation table with the suppliers, etc. In attempting to address several or all of these challenges simultaneously, procurement professionals lose on more than one count. There are a few important pitfalls that need to be avoided to ensure success in the sourcing efforts of capital equipment.

Mobility Center of Excellence Meets Wireless Cost Management

When I ask CIOs to describe wireless cost management within their business, their responses inevitably vary somewhere between “a challenge” and “a nightmare.” There’s a long list of reasons why companies overpay for wireless – ranging from carrier pricing disparity to the general lack of visibility into how wireless is being consumed across the business. But, that’s just half of the mobility spend management challenge. What about the spend management discipline required to identify and implement the mobile applications and initiatives that will increase productivity or boost revenues?