Property directors and facilities management companies are always under pressure to reduce costs in everything that they do, but there often comes a point when a cheaper alternative fails to deliver the service that is required.
Property directors: How to cut TCO by 20% per annum AND improve service levels
Topics: Disruptive Procurement, Property Management, Facilities Management, Case Studies
Topics: Disruptive Procurement, Procurement People, Procurement Consultancy, Enterprise Value
Many, many articles have been published in past weeks, all attempting to assess the current crisis and foresee future impact.
From politicians, economists, supply chain experts, Big 4 consultants and Futurists like Gerd Leonhard (very interesting), it is easy to feel overwhelmed and confused.
Topics: Disruptive Procurement, Procurement Consultancy, Innovation, Supply Chain Management
Property directors, estate directors, head of acquisitions, facilities director….whatever your title and whatever your industry, reducing total cost of ownership (TCO) and mitigating risk are two of the major aspects of your responsibility.
Topics: Disruptive Procurement, Property Management, Facilities Management
The majority of us are at home with our families, trying to work whilst keeping safe and entertaining the children. There is rightfully much in the news about the NHS and essential key workers who are doing such important jobs.
Topics: Disruptive Procurement, Procurement People, Procurement Consultancy, Supply Chain Management
Disruptive procurement is the process of creating real business value and competitive advantage by:
- deconstructing what the business really needs,
- challenging established business processes,
- leveraging knowledge from outside the normal points of reference, and
- designing, assembling and managing the supply chain in new and innovative ways.
“Disruptive procurement” uses knowledge of the entire supply chain to challenge requirements and drive out business benefits far in excess of any improvements in margin.
Topics: Disruptive Procurement
Everyone knows that for a business or function to be successful they need to hire great people. Unfortunately, the vast majority of managers and executives will also know the pain and angst created from a bad hire. From having someone in the business who didn’t fit the culture, couldn’t deliver and/or negatively impacted on those around them.
Topics: Disruptive Procurement, Procurement People
Over the years, I have observed many different procurement teams across a range of industries. Whilst most do a good job, only a handful do a GREAT job. The team at Insider have spent some time researching this and would like to share with you our take on what those top performing procurement teams have in common.
Topics: Disruptive Procurement, Procurement People
If your procurement team took steps to reduce the total cost of ownership for a piece of equipment, they’d probably deserve a pat on the back (at least!).
But what if they took a further step and looked at the function of that piece of equipment and determined a better way?
Topics: Disruptive Procurement, Procurement People, Case Studies
Today's procurement teams are being challenged to reduce costs, but in many cases are finding that suppliers have no further room for negotiation.
After round upon round of cost reduction projects, the traditional approaches are running out of steam.