Forrester podcast addresses procurement practices for a down economy
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In the second of our podcast series, People, Planet and Profit, Andrew Bartels of Forrester Research shares strategies for purchasing and supply management professionals to support corporate performance during these economically uncertain times.
Download the podcast  |
Case Study: How Thiess, a leading construction, mining & services company, improved their global business spend visibility
"An 80% time savings in creating reports has given us the ability to save money via aggregating our spend across multiple projects."
Robert Lee, Group Strategic Sourcing Manager, Thiess Resources Development Group |
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Thiess has implemented a new spend analysis approach that's enabled them to achieve spend visibility across all business units. This visibility has yielded quantifiable savings from a broader use of contracts.
Read the case study
Sourcing & procurement from the Far East to Middle East: SKEC deployment
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South Korean-based SK Engineering and Construction (SKEC) is using Quadrem solutions to manage sourcing and procurement communications with an international community of 5,000 suppliers. SKEC will be issuing and awarding many hundreds of tenders to support a US$2bn gas train project it is undertaking in the Middle East for a national petroleum company.
Read the press release |
Credit is hard to find these days. So is quality and experienced talent. Leverage Quadrem expertise in Sourcing, Data Management and Procurement.
With all the current economic uncertainty and scarcity of credit, more and more companies are naturally turning to projects focused on process improvement and hard-dollar savings. However, it is not just credit that is tight, but also the availability of proven and competent supply chain experts. Quadrem's Professional Services team is helping clients achieve significant savings from sourcing and reducing costs through outsourcing operational activities.
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AMR Supply Management Market positions Quadrem in top 10
Quadrem was listed among the top six providers in terms of licensing and alternate pricing (i.e., Software as a Service) revenue. "Quadrem International, a transaction delivery network that ties in best-of-breed suite functionality with sourcing and procurement, has moved up because of its web services. Watch for continued revenue growth from Quadrem because of ongoing functionality improvements." This was the comment from AMR as it listed the largest supply management solutions companies in a new report issued in October, "The Supply Management Market Sizing Report, 2007-2012." The report found that the focus on cost containment and reduction, coupled with cash acceleration requirements, continued to shape the supply management market.
For a copy of the report, visit www.amrresearch.com
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