Growth at Highest Level in Two Years

All ISM-Houston PMI Indices Point to Expansion

ISM-Houston announced today that according to Houston area supply chain executives, overall economic activity in Houston expanded significantly in March. The overall ISM-Houston PMI diffusion index is at its highest level since early 2019. Manufacturing activities expanded for the fourth month and services activities have expanded for the last eight months.

Click here to see the online version of the ISM-Houston Business Report and here to see the PDF version of the report.

Houston Economy Strengthens Further

Employment Starts to Return

ISM-Houston announced today that according to Houston area supply chain executives, overall economic activity in Houston expanded in February for the ninth month. Manufacturing activities expanded for the third month and services activities have now expanded for the last seven months.

Click here to see the online version of the ISM-Houston Business Report and here to see the PDF version of the report.

Economic Expansion Continues

ISM-Houston announced today that according to Houston area supply chain executives, overall economic activity in Houston expanded in January for the eighth month. Manufacturing activities expanded for the second month and services activities have now expanded for the last six months.

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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Manufacturing Activities Return to Expansion

ISM-Houston announced today that according to Houston area supply chain executives, overall economic activity in Houston expanded in December for the seventh month. Manufacturing activities expanded for the first time since January. Services activities have now expanded for the last five months.

Click here to see the full report on the ISM-Houston website.

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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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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Ross Harvison Speaks at SHEN Conference

Ross Harvison, Intuitivum Group Managing Partner and President of ISM-Houston, participated in a panel discussion on “Creating an Open Environment for Change” at the 15th Annual Shell Hispanic Employee Network (SHEN) Conference held recently in Houston. Other panelists included Michael Beckwith, Managing Counsel for Global Litigation at Shell, and Manuel Prieto, Associate Principal at McKinsey & Company.

You can find Ross’ prepared responses to questions by clicking here.

We Need Strong Processes and Systems

Like most business leaders that are looking to create a major change, you recognize the need to build strong processes, systems and organizations to deliver much greater value over the long term. Unfortunately, as a procurement leader with out of date strategic sourcing processes, your biggest concern is shoring up this effort to quickly capture available savings. We understand both of these needs and will help you deliver value near term, and rapidly build business and operations excellence.

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