- Procurement Research Data: A first look...
Schneider Electric, a French multinational corporation, entered the electricity market just after WWI and has constantly reimagined its business over the years in order to stay relevant and successful.
During that time, Schneider has evolved into an electrical, energy management, automation and...Read More
What’s the challenge? The number one problem for most companies’ maintenance, repair, and operations (MRO) procurement programs boils down to this: employees just don’t use them. As a result, many companies are missing out on an estimated 50 percent of savings in procurement costs. There...Read More
Most of us have experienced that heart-sinking feeling when you hear your car’s death rattle. Why? Aside from the obvious hassle of being without a car, you’ll need to buy another one—and there are few things people dread more than the car-buying process.Read More
In most multifamily and commercial properties, procurement spend is thought of as a necessary evil—and then often not thought about much at all. After all, most of the legacy systems in place are quite effective when looking at the “big costs.” But since maintenance, repair, and operation (MRO)...Read More
Guest blog by: Scott Hollis, former Sr Vice President for Strategic Contracting, Marriott
If you’ve shopped for groceries at big warehouse stores, like Sam’s Club or Costco, you have witnessed firsthand the power of collective purchasing and volume discounts.Read More
Many building owners believe the value of an optimized procurement program is reducing costs—and while that’s very true, it’s only part of a bigger picture. Realized savings on every purchase can actually help you increase the value of your property.
That’s why we wanted to share five ways...Read More
Business owners often have to walk a tightrope. On the one hand, they need to constantly try and find ways to cut back on spending to achieve their organization's profitable goals, but they also have to do it in a way that doesn’t affect services levels and performance. While quite a few methods...Read More
How can your business reduce costs associated with building maintenance?
One of the most important factors in skillful contract negotiation is obtaining the biggest discounts possible. If you’re a building owner, this not only reduces your expenses, it also increases your building’s market...Read More
You may have heard about the new increased trade tariffs being imposed on Chinese goods, but if you’re like most people, you’ve been waiting to see what materializes before paying attention to all the details.
While things are still in flux, this week will be pivotal in determining whether the...Read More