We’ve selected some of our popular articles, reports and
advice on key spend management topics for your review.
Ten years ago, an economic crisis hit law firms sharply enough to compel a new pace of firmwide change and innovation. The new health and economic crisis of 2020 may have the same effect on the coming decade, making overhead and operational cost structures a new priority.
In order to maximize cash flow and become as agile as possible to compete effectively and prepare for future shocks, we have put together a list of contract recommendations that we call The Doable Dozen, which offers twelve ideas for the major components of every contract:
There has been a surge in demand for office supplies as newly remote workers set up their home offices. However, not all companies are paying or offering to pay for remote office products. Today’s most pressing office product question: Who pays for home office expenses and how do we manage ordering?
FedEx or UPS? That’s a question asked daily in mailrooms and shipping departments around the country. Most companies have relationships with both, and good shipping clerks know which one to use based on needs and circumstances. This discussion of FedEx versus UPS will focus on a service and spend management perspective.
In a shooting in Aurora, Illinois, five Pratt employees lost their lives, including the gunman.This was a horrific, senseless tragedy that is now leading to growing concern about workplace violence and if such violence could have been prevented by strenuous background checks.
Bracing for the possibility of a hard Brexit (the United Kingdom leaving both the EU and its single market), UK businesses who work with outside suppliers are taking efforts to manage risks related to Brexit uncertainty. Such efforts include renegotiating vendor contracts and offering additional training to employees about customs issues.
Maintenance, repair and operations (MRO) expenses often fly under the radar and for that reason tend to be easily ignored. MRO expenditures are those purchases that fall under the category of indirect spend and include things like cleaning products, safety equipment, maintenance supplies, spare parts, computers, furniture, etc.
In procurement talks with vendors, a team-based negotiation approach offers clear advantages over solo negotiation. Team negotiation encompasses a wide range of skills, experiences and viewpoints that are highly valuable, but only if those individual capabilities are closely coordinated.
Unfamiliar with indirect spend management or skeptical of the savings claims? CCM spend management has been saving law firms and businesses money for years, even the ones convinced they run lean. Our experts will assess your situation to identify savings opportunities.
With average gross profits that hover at about 1%, there’s no room for waste in the grocery business. That’s why one multi-billion dollar supermarket chain is always looking for ways to streamline operations and control costs. Our spend management service helped preserve a valuable business relationship.
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