ROA – Capital Machinery and Equipment
Continuing the discussion of increasing your ROA or Return on Assets – this article will look at how procurement can improve the ROA on capital equipment. While increasing the utilization…
Return on Assets (ROA)
On the eve of the last month of our first year at CPO Rising and during a return trip home from a November vacation, it seems to be the right…
Back to School (Training)
In the course of any year, there are a few unique windows that present themselves for planning and reflection. We’ve talked about spring cleaning as a time to get your…
The Dog Days
With apologies to our growing contingent of Chief Procurement Officers and other readers based in the southern hemisphere who are hip-deep into winter – please set a reminder in your…
Data Driven
The world is becoming more and more data driven. As you surf the web today, many of the sites that you visit will utilize ad serving technology that will determine,…
Savings Goals
Through no fault of our own, sometimes the same level of effort results in widely different results (Denmark 1-0-1). Sometimes external factors (US 2 Slovenia 2) play a bigger role…
Leverage – Procurement’s Big Impact on Profits
We’ve spent the past few articles (here and here) looking at the impact that a procurement department’s net contribution can have on profitability and placed that impact in the relative…
…Is a Nickel, Dime, or Quarter Earned
After a sly rambling preamble about the acidic rain of costly pennies from heaven, our discussion last time, A Penny Saved, turned to the extraordinary impact that ordinary procurement results…
A Penny Saved…
Riddle 1: When is a door not a door? When it’s ajar. Riddle 2: When is a penny not a penny? Since 2006. 2006 is the year when the cost…
Executive Engagement: The CEO
If procurement warrants a C-level role within the enterprise (and by the title of this site you know that we think it does), the Chief Procurement Officer should begin to…