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.

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.

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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.

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.

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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.

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Houston Economic Growth Slows

ISM-Houston announced today that according to Houston area supply chain executives, economic activity in Houston expanded at a somewhat slower pace in October. Manufacturing sector activity fell to near neutral while non-manufacturing activity showed a minimally slower expansion rate.

Click here to see the online version and here to see the PDF version of the full report.

Houston Economy Continues to Expand

ISM-Houston announced today that according to Houston area supply chain executives, economic activity in Houston expanded in July at a similar rate to June. Manufacturing activities expanded at stronger pace while non-manufacturing activities showed minimally slower expansion.

Click here to see the online version and here to see the PDF version of the full report.