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Author: Natalya Berdzeni

Home Articles posted by Natalya Berdzeni

Before law firms and corporations enlist the help of spend management consultants, we find they manage their indirect spend internally in several ways. Typically they: Gather recommendations from peers within their industry or markets. Send requests for proposals and bids that includes the peers’ vendors…

FedEx or UPS? That’s a question asked daily in mailrooms and shipping departments around the country. Most companies have relationships with both, and good shipping clerks know which one to use based on needs and circumstances. The two carriers have become similar, yet each one…

Sourcing at its most basic simply means identifying, locating and working with suppliers. The more ambitious and comprehensive activity of "strategic sourcing" refers to the process of optimizing a company's purchasing to achieve a larger goal. Aligning procurement efforts with a company's strategy and thus…

Long-term trends are slowly and steadily reshaping the enterprise printing and copying industry, with consolidation, tech innovation, changing product/service offerings and new pricing models that have implications for procurement departments and spend strategy. Although the direction is clearly toward a gradual decline in office printing…

Most private equity (PE) firms aren’t leveraging a key source of hidden value and optimization that can be found within the portfolio of every company. This shortfall remains untapped because it involves a part of finance that’s not viewed as being significant or strategic: indirect…

Once again, the Thomson Reuters Annual Law Firm COO & CFO Forum was a success and CCM was proud to be a sponsor. The 2017 speaker line-up included financial and operational executives from law firms across the country, discussing legal trends, challenges and opportunities. Discussions…

The midway point of the calendar year is when many finance executives assess their business’s financial fundamentals and review various performance indicators. At the same time, we also recommend a check on indirect spend. While contract renewals for products and services like office products and…

Employee uniforms can be both a high-value and high-cost proposition – especially for companies in industries like food service or small parcel shipping, where the percentage of employees required to wear a uniform may be greater than the number of employees who don’t have this…

“Saving money” is usually the quick, ready answer that executives give when I ask them what drives their indirect spend management objectives. The truth is that most businesses fail to give spend management the strategic consideration it warrants. They may not have identified or communicated…

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