Procurement Improvement & Best Practices

Procurement Best Practice: Eliminating Excess Inventory

• Is excess inventory costing you money?
• Would you like better control over ordering items that have a "shelf life"?
• Would you like better alignment between "orders" and "true needs"?

Our new white paper — Save Money by Reducing Inventory: Optimizing Fulfillment, outlines:

• Measurements for discovering optimum order sizes
• Best practices for sourcing relationships
• Dealing with "Process Variance"
• Maintaining savings
• Best practices for continuous improvement

If you'd like a sneak peek at the information or if you'd like to start saving money today by improving your fulfillment process, just call us: 800-388-1415, or send us an email info@puridiom.com.

Maximizing ROI from Puridiom

Enable Seamless Purchasing from Multiple Sources with Catalog Punch Out!

The Problem:

Increasing the number of suppliers you deal with increases the complexity in your procurement process, especially in maintaining accurate supplier catalog information.

The Solution:

By leveraging Puridiom's Catalog Punch Out feature, you have immediate access to supplier web sites and their online catalog of items directly from the application — eliminating the efforts required to maintain and control multiple supplier catalogs in-house and allowing your suppliers to keep their catalog content, pricing, and availability up-to-date.

The advantages are obvious:

• Integrity of the Procurement Process
• Immediate access to dynamic supplier data and configurations
• Reduction in administrative expense
• Single retention source for aggregating spend data across multiple suppliers & product categories
• More efficient means of communication with your suppliers

Learn more about Web Catalog Punch Out >

If you would like to discuss this in more detail, please call us: 800-388-1415, or send us an email info@puridiom.com

On Another Topic...Article of Interest

Customer Loyalty

The average business spends far more money to attract new customers than it does to keep old ones. Yet, customer loyalty is in most cases worth ten times the price of a single purchase.

Are rewarded customers more likely to be loyal customers? If so, what are the ways that you reward them? In other words, how do you build that loyalty? The December issue of CIO Insight has an article that looks at the loyalty programs at Harrah's Entertainment, eBay, and Dorothy Lane Markets and uncovers how those companies are using their reward programs to analyze customer behavior and build loyalty.

From the article:

While 75 percent of customers in the financial services industry said they're satisfied with the business they most recently patronized, only 34 percent of those same customers said they're "truly loyal."

Read the article online, at: http://www.cioinsight.com/article2/0,3959,1458960,00.asp