Most small businesses need a technology supplier. If you are not savvy, you could be wasting 30 per cent of your budget by paying too much. To reduce costs, you need to understand how the supplier margins work. There are two simple elements to a supplier margin: the...
Neil Grime
Managing Costs – 4 Factors
Managing Costs on IT products and equipment is extremely difficult for organisations. Independent survey reports, analysis of purchases and consistent client results support the fact that 81% of organisations will pay more than they should on everyday tech products....
Managing IT Inflation
Inflation is biting hard. As it is expected to hit 11%, the UK consumer price index is at its highest since records began. Expect rising capital expenditure costs as vendors feel the pinch, along with escalating contract and labour costs. The question is what can...
Managing Perceived Over Valued Products
Occasionally an organisation will have a specific product or service that will have a perceived higher degree of importance. It will actually be or be seen as fundamental to the success of the business and any disruption could cause irrevocable damage to its standing...
Commodity Insight – Stationery or Office Consumables
Here are all the points that you should look to cover when looking to reduce costs and maximise value in this area: Obtain itemised details of your historic purchases over the last 12 months. This should include product code, description, UOM or pack size, quantity...
Procurement Case Study – Restructuring a Vital Supply Base
The Client National Materials Testing OrganisationExtensive & Varied Customer BaseVast Array of Specialist Services Provided The Problem The nature of the client’s business meant that they required a wide range of highly educated and specialised personnel. Roles...
UK Business Advisors – Northern Group Business Search & Selection Service
UK Business Advisors – Northern Group Business Search & Selection Service. Is now a good time to think about your future? Take back control before it’s too late – there has never been a better time to buy a business and we can help you discover the one perfect...
Furlough Scheme – Deadline For New Entrants
You may be aware that changes have been made to the Government’s Coronavirus Job Retention Scheme, but did you know that the furlough scheme will close to new entrants on 30 June 2020? So, if you are planning to furlough any additional employees, because of the...
Contracts Are Not Straightjackets!
Introduction Where appropriate, contracts can be good for both the supplier and buyer. They should clearly confirm the details of the agreement that has been reach, the responsibilities of each party and the overall terms of the agreement. However, it is important...