Going Green in Procurement

I read an interesting article by Tom Jowitt at TechWorld titled Companies fail to go green on procurement. The sad part is that according to his article only 3 percent of companies in the UK are using a non-paper based procurement system. Which leads me to wonder what the statistics might look like in the U.S.? Unfortunately I did not find a lot of data in this area which leads me to believe that if only 3% in the UK that the numbers in the U.S. are probably not much higher. What interested me even more was the statistics related to Printers, Faxes, and other equipment required to produce a paper copy that ultimately produces Carbon Output. not to mention the money saved in electricty alone.

Manufacturing Survival

Again these are random thoughts on the current economic situation. I, by no means, have any answers or magic pill to help anyone overcome the current situations. I am just offering up babble at this point and hoping something sticks to the wall!!

Suppliers are taking a hard look at production costs and looking to trim cost to widen margins and more importantly win new business. It is a hard time and the survivors will be those that can find cost trimming solutions in their manufacturing. So what is the answer? How do we cut costs? I have cut as deep as I can go! Sound familiar? This is what I am hearing, and the survivors are those that can compare their costs against competitors pricing and find that one last spot to trim. Based on current projections it is likely that suppliers will be in the 1% or less profit range for the next couple of years. Seems reasonable at this point that if you can live within that range and be competitive with the competition, then you can point out the differentiator's that make you stand out. You know...the "I produce a quality product", and the "we provide good customer service" kind of things.

Surving Tough financial times through outsourcing

Today's random thoughts on our economic conditions and how we can weather the current storm.

More companies are turning toward outsourcing services to weather these though economic conditions. We as well as other companies that provide either outsourcing or or technology for outsourcing are seeing an increased interest in our services as companies look for ways to cut costs. Companies are beginning to realize the true value of these systems and services. Small and medium sized companies can benefit from these systems as well as cost of entry is low, and Software as a Service solutions provide the benefit of services and upgrades without requiring additional IT staff or hardware. In a recent article on www.foxnews.com, hospitals are looking to cut coast by outsourcing services. Outsourcing can be done in different ways and utilizing effective estimating and procurement software's can help organizations that have downsized to still look for best pricing with a wide variety of suppliers.

Software as a Service a more viable option in a down economy

As companies look to reduce costs and spending, technology becomes a stronger and more viable option for companies. Specifically, Software as a Service (SaaS) becomes extremely attractive because it helps to maintain or reduce IT costs in a company. SaaS has been known by many for years, of the benefits, but it seems that companies are just now realizing the true benefit from an internal perspective. SaaS means having the same functions and functionalities that are currently enjoyed without the hassle of maintaining IT infrastructure or staff to maintain hardware and facilities. Actually causing dramatic decreases in cost. For companies that are looking for ways to increase effieciency without increasing costs SaaS systems are highly attractive, especially in today's current economic conditions.