ISM-Houston announced today that their most recent business survey indicates that economic activity in Houston expanded at a significantly slower pace in April with the Manufacturing sector reporting a significant contraction while nonmanufacturing activity showed continued expansion at a much slower rate. Go to https://www.ism-houston.org/ism-houston-business-report-april-2023/ to see the report.
Author: Intuitivum
Houston Economy Continues to Expand
ISM-Houston announced today that according to Houston area supply chain executives, economic activity in Houston expanded at a faster pace in March. Go to https://www.ism-houston.org/ism-houston-business-report-march-2023/ to see the 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.
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.
Services Lead Modest Improvement in Houston Economy
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at a somewhat higher pace in February. Manufacturing sector activity was relatively unchanged showing minimal contraction while nonmanufacturing activity showed a higher expansion rate.
Click here to see the online version and here to see the PDF version of the full report.
Supply Chain Organization Design
Determining the optimal design for your Supply Chain organization isn’t easy. Should it be decentralized, centralized, center led or something else? Do you have the staff to execute in the optimal organization now, or should you move in steps and gain time to build additional leadership capability?
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.
Houston Economy Expands at a Slower Pace in January
ISM-Houston announced today that based on their most recent survey, economic activity in Houston expanded at a significantly slower pace in January. Manufacturing sector activity fell to minimal contraction while nonmanufacturing activity slowed to very modestly expansion.
Click here to see the online version and here to see the PDF version of the full report.
Houston Economy Bucks the National Trend
ISM-Houston announced today that based on their most recent survey, economic activity in Houston expanded at a somewhat slower pace in December. Manufacturing sector activity came in at neutral month over month while nonmanufacturing activity showed modestly lower expansion.
Click here to see the online version and here to see the PDF version of the full report.
Houston Economy Expanding at a Modestly Higher Rate
ISM-Houston announced today that based on their most recent survey, economic activity in Houston expanded at a somewhat higher pace in November. Manufacturing sector activity was relatively unchanged while non-manufacturing activity showed modestly higher expansion.
Click here to see the online version and here to see the PDF version of the full report.
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