On paper, one would think that integrating the supply chains for two maintenance organizations would be easy. Just look for areas where there is duplicated effort and inventory, rationalize those operations and realize the savings. But in practice, it's a very different matter.
Global Healthcare Exchange LLC (GHX) has finalized its acquisition of Vendormate, an Atlanta, Ga.-based company specializing in vendor relationship-management applications for healthcare providers and suppliers.
The overwhelming majority of employees believe telecommuting is good for both themselves and their company, but most organizations are not budgeting appropriately for telecommuters, according to a recent survey of procurement officers by Staples Advantage, the business-to-business division of Staples Inc.
Analyst Insight: Spend under management and compliance rates are considered key metrics to measure the success of almost any spend management program. Companies that try to achieve those by fiat alone will invariably fall short of their goals. Purchasing organizations are much more likely to succeed if they provide tools and systems that actually make the lives of their business users (the ones who make the purchase decisions) easier, rather than simply piling on more administrative work for the end user. - Bill McBeath, Chief Research Officer, ChainLink Research
When did the supply chain become so complex? Just looking at the typical procurement department, for example, we see that the straightforward RFP, with cost as the deciding factor, is reaching near-extinction.