Few CEOs worry about the cost of printing marketing brochures. Likewise, few worry about the cost of printing packaging, labels, direct mail pieces or any number of other separate print categories. Some may worry about the cost of printing the annual report because that often is a question asked by a stockholder who is concerned about […]
Procurement Gains Status as a Result of the Great Recession
More than 70 percent of purchasing functions now report directly to boards of directors and more than a quarter report directly to chief executive officers, according to the 2010 Global Chief Procurement Officer Survey by Capgemini Consulting. This is not surprising because the Great Recession, while wreaking havoc on the economy, has elevated the […]
Transform Procurement into Powerful Financial Management Function
by William Gindlesperger, Chief Executive Officer, e-LYNXX Corporation Wikipedia — the popular Internet encyclopedia — defines procurement as "the acquisition of goods and/or services at the best possible total cost of ownership, in the right quality and quantity, at the right time, in the right place and from the right source for the direct […]