Spotlight

Article Abstract:

Partnership sourcing is a philosophy that aims to manage the relationships between customers and suppliers to the mutual benefit of both. Typically, such relationships have been mainly adversarial, but the economic recession has caused many companies to redefine their approach and the role of the purchasing department has become more involved in managing relationships. Successful partnership sourcing can help both parties reduce costs, improve quality and improve customer service. Companies that have adopted partnership sourcing include ICI, Laing Homes, Tesco and Nissan.

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Disaster strikes

Article Abstract:

Around 80% of companies suffering from major disaster problems, ranging from computer failure to floods, which do not have a contingency plan fail in the twelve months following the event. If company budgets do not allow for buying outside help, it is essential that it constructs a disaster recovery plan. Among the points to be considered are business impact, the Y2K changeover, and IT systems.

Computer Services NEC, Computer Systems Design and Related Services, Computer related services, not elsewhere classified, Planning, Information technology services, Disaster recovery (Computers)

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The lease or buy equation: How to finance equipment purchases

Article Abstract:

A business, which is able to finance equipment purchases from its own accumulated profits, is in the happy position of having the cheapest form of finance possible. Businesses with money in the bank may choose to finance equipment purchases by means of borrowing, hire purchase or leasing.

United States, Equipment Purchase Analysis

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