Should the government bailout the financial institutions or should they let them fail? While this issue is debated, those with a strong strategic sourcing background may see a significant opportunity.
While there is risk with the Government taking over these assets, this risk is minimized if they are purchased at the current true market [more]
Entries Tagged as 'best practices'
Bailout: Reverse Auctions & True Market Price (aka Strategic Sourcing to the Rescue)
September 29th, 2008 · No Comments · best practices
Tags: regulation·regulations·reverse auctions
Travel Spend Tightens Further in ‘09
September 26th, 2008 · 1 Comment · best practices, sourcing
Purchasing.com reported this week that American Express expects businesses to cut travel & entertainment (T&E) expenses in an attempt to contain costs in 2009. With the current state of affairs in the economy, it’s no shock to see companies looking for ways to cut back. And with significant spending on the T&E category, it’s certainly [more]
Tags: spend management·Top 5 Sourcing Opps·travel
Bank Credit Market Freeze: Are your suppliers being left in the cold?
September 24th, 2008 · 2 Comments · best practices, financial value chain, outsourcing, sourcing, supplier management, supply management, supply market dynamics, supply risk
Like most of you, I spent the last week glued to my financial TV news outlets, rss feeds, Wall Street Journal and (because I was traveling) the USA Today Money section, trying to make some sense of the turmoil rocking the banking sector. When giant, old institutions like Lehman Bros. and AIG fail, and [more]
Tags: supply chain finance·supply risk
Rock-Tenn Rocks their Spend Management
September 22nd, 2008 · No Comments · On Demand/SaaS, best practices, mid-market/growing enterprise, supply management
Few would deny that spend management has taken hold and earned it’s place at the table in the C-Suite of large companies. But in the mid-market (<$2 billion in annual revenues), adoption of the principals and tools of the “big companies” has been slower to take hold. In fact, we recently conducted a survey of [more]
Tags: Case Study·procurement·Success Story·webinar
Immigration and Customs Enforcement (ICE): How Companies Can Melt
September 19th, 2008 · 1 Comment · LCCS and trade, Services Procurement, best practices, contract management, events, outsourcing, supply management, supply risk
There are few issues in American politics and business where tensions have been as lasting or as passionate as immigration. The last few years have seen a massive rise in the prosecution of undocumented workers and their employers. And while the evolution of regulations and enforcement hinges on the election, public opinion and more [more]
Tags: Case Study·regulation·regulations·Success Story·supply risk

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