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.
ISM-Houston reported today that local supply chain executives indicate that economic activity in Houston expanded at a modestly slower rate June. It noted that manufacturing activities expanded at a noticeably lower pace.
Click here to see the online version of the ISM-Houston Business Report
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.
Houston Business Survey results show that both our manufacturing and services economies continued to expand at a rapid pace in May.
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 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.
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, 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.
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.
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.