The cost of procured goods and services represents between 25% and 60% of a company’s total operating expenses. That is true for nearly all businesses according to Bain & Company’s survey of executives in a broad range of industries. As stated in Bain & Company’s January 2012 “A Fresh Look at Procurement” Report on its […]
William Gindlesperger Recognized as North American Procurement
Supply & Demand Chain Executive editors have included William Gindlesperger, founder, chairman and chief executive officer of e-LYNXX Corporation, in their 2012 listing of top procurement leaders in the United States and Canada. He also was selected for this honor in 2010 and 2011. “This year’s Pros to Know list includes individuals who have helped […]
GPO Work – Worth the Competitive Bidding
The United States Government Printing Office (GPO) awarded more than 16,000 jobs (also called jackets) in the $1,000 to $10,000 per job range in 2011 totaling almost $30 million to private sector printers. Close to 2,000 jobs in the $10,001 to $100,000 per job range totaling more than $50 million were awarded per data from […]
Reduce Supply Chain Interruption Risks – Automate
Year-end business reviews for 2011 point to a weak link in corporate practices that can bring even the mightiest of organizations to its knees in a time of crisis. That weak link is the lack of multiple suppliers that are dependable and readily available, according to the January 11, 2012, Wall Street Journal story, “Reinforcing […]
What the Print Industry Needs in the Next Public Printer
The majority of the printing done for the federal government has historically been done by private sector printers. The United States Government Printing Office (GPO) and thousands of printers nationwide have what many have viewed historically as the model public-private partnership. This is a relationship that has taken generations to build. The idea from […]
Make Procurement a Priority to Achieve Significant Cost Reductions in 2012
A wise New Year’s resolution is to assess how more can be done with existing resources. This is certainly true as organizations continue to look for ways to squeeze every penny out of every dollar. One proven way of maximizing resources is to save on goods and services through the purchasing process. […]
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