Browsing All posts tagged under »Straight to the bottom line«

Don’t sweat the small stuff? Why industry experts point to Indirect Material Spend as an important reservoir of untapped savings!

September 12, 2011

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With regard to costs, the conventional wisdom is that procurement should focus principally on the “big ticket” areas of spend, such as raw materials and energy.  And, you certainly should devote attention to raw materials and energy – not just to reduce costs, but also to reduce volatility through better risk management. But, if you […]

2008 Post on Bridging the Communications Gap Between Finance and Purchasing is Now a Generational Reality

November 16, 2010

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Note: The following post will be reprinted in the Corporate United Q4, 2010 “A Word From Our Partner” newsletter column Back in 2008 when I first started to investigate the obvious communication gap between the financing and purchasing departments within organizations, there were telltale indicators that such a breakdown existed.  The most ominous of which […]