ISM-Houston announced today that according to area Supply Chain executives our economy continued to expand at a rapid pace. The overall PMI came in at a strong 57.3 points. Click here to see the ISM-Houston report.
Author: Intuitivum
Houston Economy Continues Strong Expansion
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded in February at a similar rate to the previous month. The ISM-Houston PMI diffusion index fell minimally. Non-manufacturing activities expanded at a modestly slower rate while manufacturing activities expanded at a significantly faster pace during the month.
Click here to see the online version and here to see the PDF version of the full report.
Houston PMI Rises to 59.6 in January
ISM-Houston announced today that economic activity in Houston expanded at a faster pace in January. The ISM-Houston PMI diffusion index rose modestly, led by faster expansion in non-manufacturing sectors. Manufacturing activities expanded at a slower pace again this month, led by a decline in the non-durable goods space.
Click here to see the online version of the full report.
Houston PMI Falls to 57.8 in December
ISM-Houston announced today that the economic activity in Houston expanded at a somewhat slower pace December. The overall ISM-Houston PMI diffusion index fell modestly, led by slower expansion in non-manufacturing sectors. Manufacturing activities also expanded at a slower pace led by declines in the durable goods space.
Click here to see the online version of the full report.
Capability Assessments
We have proven process maturity model based methods and benchmarking techniques to help you understand where you are compared to your peers and the performance leaders. We’ll work with you to create a transformation plan based on this assessment with a target to implement known, highly effective, procurement practices while meeting your total cost of ownership targets. We’ll also help you execute this plan, ensuring that you deliver both near term quick hits and longer term differential improvement.
Houston PMI Comes in at 60.3 for November
ISM-Houston announced today that the Houston PMI was relatively unchanged in November at 60.3 points. Services sector activities fell minimally while manufacturing activities expanded at a somewhat higher pace.
Click here to see the online version of the full report.
Procurement Transformation Value
A procurement transformation effort can reduce your costs significantly. For a typical implementation, you will see annual cost savings of 4 to 9% on your services and indirect materials spend. You will also capture fixed cost savings of 20 to 30%. With normal program execution costs equal to 1 to 2% of one year of spend, depending on your organizations size and current capabilities, most procurement organizations will break even during the third year of program execution.
ISM-Houston PMI Rises to 61.0 in October
ISM-Houston announced today the the overall Houston PMI rose again in October to 61.0 points. Manufacturing activities expanded at a modestly slower pace. Services activities reported stronger growth.
Click here to see the online version and here to see the PDF version of the full report.
Procurement Benchmarking
Significant procurement transformation is hard. If you are like most procurement leaders, you’ve already started a strategic sourcing effort to get quick savings, but you’re finding it hard to figure out what to do next. Do I improve my IT systems to gain efficiency and reduce errors? What if I focus on cleaning up my master data to better understand and control my spend? Should I modify my processes to align them with those I know to be highly effective? Do I focus on changing my organization and improving my staff capability? By now, you’ve probably concluded that you will need to do all of this and more, but you’re struggling to prioritize your efforts.
ISM-Houston PMI Rises to 59.5 in September
ISM-Houston announced today the the overall Houston PMI rose sharply in September to a very robust 59.5 points. Manufacturing activities expanded at a modestly slower pace than last month. Services activities reported stronger growth.
Click here to see the online version and here to see the PDF version of the full report.
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