The bain of procurement spend analysis is trying to analyse items which have been given different descriptions by end users. Now imagine having to do this across multiple organisations at the same time! This is the challenge faced by Purchasing Index when benchmarking prices of items between its various clients. “One of the biggest challenges […]
Analysing maverick spend between multiple procurement organisations. Read More »
Cut paper prices (delivered) continue to decline according to the Pricetrak Group Trend Index (July 2006) for all South African companies benchmarked. So much for paper prices being driven by the Rand/Dollar exchange rate! According to Alan Low, MD of Pricetrak, a more likely explanation is that there is greater competition between the paper merchants
Exchange rates have varied impact of different commodities Read More »
A recent online reverse auction resulted in savings of up to 13,5% on photocopy paper whilst at the same time boosting the BBBEE score of a consortium of purchasers involved in the transaction. The online auction, held at e-Procurement solution provider, MWEB CommerceZone offices in Johannesburg, furthermore resulted in the price being maintained for an
13.5% savings on copy paper through Reverse Auctioning and BBBEE Supplier Read More »
