We recently published a brief report into price variation with Peto, the product and price comparison website for the NHS. The results showed trusts across England are paying over the odds for everyday products, costing the taxpayer an unnecessary £500 million each year.
The conclusion we drew was that for long-term efficiency the NHS needs to be assured of ‘fair prices’ (among other things). (more…)
Changes in the energy sector mean this is becoming an increasingly interesting area for supply chain management, procurement professionals and their organisations.
Why, you may ask? Let’s take a closer look at the reasons and their implications for everyone involved.
The sector is at the beginning of an impressive investment programme that could hit £200 billon over the next decade. Between 2010 and 2011 alone, employment in the energy sector grew by 6 per cent and investment by 10 per cent to £10.3 billion, according to Ernst & Young’s latest report Powering the UK. (more…)
No matter how detailed your sourcing strategy, how competitive your tenders or how robust your negotiation, there will always be some products or commodities where you cannot fail to see price increases because of market inflation. (more…)
So you think that business process outsourcing (BPO) is the next step in your firm’s evolution. But where do you start?
Most companies set out to implement BPO effectively, but many end up failing to deliver this. All too often I hear of lost bargaining power, ill-conceived short-term contracts and weakened commercial terms with suppliers. (more…)
I am often asked about supplier relationship management (SRM) and how to maximise results in this area. It is a topic of much debate and a Google search finds over six million results, so it can be hard to know where to start.
Organisations often fall into the trap of improving their SRM meeting structures and reporting processes without actually focusing on the accuracy of their underlying KPIs. (more…)
Procurement leaders are increasingly asked to extract more value in light of unprecedented economic conditions. It is understood that pure sourcing alone does not optimise value and many organisations have pushed the boundaries of what is considered traditional purchasing. (more…)
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