Archive for December, 2015

Stretch Wrap- Cast Film (Part 2)

Thursday, December 31st, 2015

 

Today’s post is by Alyson Usserman, Project Manager at SafeSourcing.

Within the Stretch Wrap industry, there are hundreds of thousands of SKUs of stretch wrap. Most of the stretch wrap that SafeSourcing sources are for warehousing purposes and shipping freight.   When reviewing the specifications there are some things to note.

The second type of film that I will be focusing on is the Cast Film. The “Cast” indicator on the stretch wrap refers to the manufacturing process that the film undergoes. There are advantages and disadvantages using cast film versus blown film outlined below:

Advantages:

  1. Cast film is much stronger than blown film.
  2. Cast film is more durable in warehousing situations.

Disadvantages:

  1. Depending on the manufacturer, cast film can be more expensive.
  2. Cast film can be difficult to read through after layering it.
  3. Stretch Wrap Machines may have difficulty stretching the cast film properly.
  4. Cast film is considered the old technology.

In order to achieve the best specification, call SafeSourcing today.For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative.  We have an entire customer services team waiting to assist you today.

We look forward to your comments.

 

 

 

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Stretch Wrap- Blown Film (Part 1)

Wednesday, December 30th, 2015

 

Today’s post is by Alyson Usserman, Project Manager at SafeSourcing.

Within the Stretch Wrap industry, there are hundreds of thousands of SKUs of stretch wrap. Most of the stretch wrap that SafeSourcing sources are for warehousing purposes and shipping freight. When reviewing the specifications there are some things to note.

The first type of film that I will be focusing on is the Blown Film. The “blown” indicator on the stretch wrap refers to the manufacturing process that the film undergoes. There are advantages to using blown film versus cast film.  It all depends on the use that the stretch wrap is intended for.

Advantages:

 Blown film is often more taught in order to keep shipments from moving during freight.

  1. Blown film is also lighter weight than cast film, making it is easier to move by individuals in the warehouse.
  2. Blown film is more durable around corners and breaks less during application.
  3. Blown film is the newer technology in the industry.

Disadvantages

  1. Depending on the manufacturer, blown film can be more expensive.
  2. Blown film can puncture more often.In order to achieve the best specification, call SafeSourcing today.For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.

We look forward to your comments.

 

 

 

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Are you in the market fora new projectors?

Tuesday, December 29th, 2015

 

Today’s post is by Troy Lowe; Vice President of Development at SafeSourcing.

There are many brands and options available and researching can take a lot of time.  Knowing what type of application you will be using can help narrow the search criteria.  Do you need a projector for presentations while traveling, for an office conference room or for a home theater?  In each of these cases, the size and features may be different.  If you are going to be traveling, you may want a smaller lighter weight model.  For the projector in the conference room, you may want to have a larger model that has a brighter display.  For the home theater you may want a model that supports a widescreen display and higher definitions.  There are several different types of technologies available including DLP, LCD and LED.  Each one of the technologies offers different advantages and disadvantages so it important to research which will work best for you.  Below are some other things to consider when doing your research.

  • Display Resolutions
  • Lamp Life
  • Type of Inputs
  • Brightness
  • Size
  • Weight

If you would like some help finding a projector, we can gather all the necessary information for you and help you decide which one meets your needs. If you would like more information on how SafeSourcing can help you, please contact a SafeSourcing Customer Service representative. We have an entire team ready to assist you today.

 

We look forward to your comments.

 

 

 

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What is a group purchasing organization (GPO) and some of their benefits?

Monday, December 28th, 2015

 

 Today’s post is by Tyler Walther; Account Manager at SafeSourcing

Have you heard the term GPO, group purchasing organization, or purchasing consortium? What is that? A group purchasing organization is a partnership that is created to improve the purchasing power of a group of businesses allowing them to attain greater discounts from vendors based on the collective buying power of the GPO members.

Of course a GPO’s primary goal is to get members the best price for their products being fulfilled; quality must be equally as important. GPO’s supplier bases traditionally incur a more rigorous vetting process helping to ensure the credibility and value of the supplier, as well as required product quality. A GPO goes beyond item price alone and considers overall value, which reflects a greater savings in the long term.

You can still keep that direct relationship with your vendors. Becoming a member of a GPO does not mean you eliminate your direct connection with your suppliers. GPO members can still receive drop shipments from their supplier. The GPO partner will still be able to contact the supplier when issues arise and still have the opportunity for personal meetings when required.

Not only do GPOs leverage the purchasing power of multiple entities, they also bring balance to the purchasing model because they already have relationships with vendors and suppliers.

 

We enjoy bringing this blog to you every week and hope you find value in it. Look to SafeSourcing for assistance with your GPO. For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.

 

We look forward to your comments. 

 

 

 

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Why should you use a Procurement Service Provider?

Tuesday, December 22nd, 2015

 

 

Today’s post is written by Heather Powell, Director of the Customer Focus Team & Project Manager at SafeSourcing Inc.

Can you spend hours of time devoted to researching qualified and certified suppliers? Can you devote time to learning about the product and services your company need to buy? How do you know the product is apples to apples? Are the services providers licensed and bonded? How about obtaining multiple bids for your product?

globalsourcing

 

 

 

From the website Procurement Service Providers:

At most organizations, it is very expensive and difficult to maintain domain expertise in every category of spend. Using a PSP avoids the burdens of procurement infrastructure for non-strategic categories. A Procurement Service Provider can provide a rapid analysis of an organization’s spend and implement changes, negotiate with suppliers, and use proven industry best practices. A good PSP will become an extension of the organization’s existing procurement resources, in a non-obtrusive fashion.

In a recent article titled “Strategic Sourcing in the Mid-Market Benchmark: The Echo Boom in Supply Management”, the Aberdeen Research Group wrote about potential new approaches of Mid-Market company’s sourcing initiatives due to findings showing that they currently have mostly fragmented or limited sourcing efforts. Specifically, to remain competitive, Mid-Market companies should have “Increased reliance on third-party consultants to help define strategic sourcing process and train internal employees on commodity costing models, sourcing automation tactics, and category and supply market assessments.”

Additional research shows:

“…research of enterprises that have outsourced management of specific procurement processes and/or specific categories of spending have been able to achieve material cost reductions that average between 10% and 25%. In some cases, material cost reductions topped 30%.”         Aberdeen Group Research Abstract: You Will Outsource Procurement: Here’s Why and How – October 16, 2002

What SafeSourcing, Inc. states:

SafeSourcing works with finance and procurement department professionals in order to analyze their entire companies spend data to detect opportunities for cost reduction, supply chain awareness and performance improvement, as well as product and service quality improvement. Our ROI is historically greater than 10X and measureable within a company’s current fiscal accounting period.

Want to try us out risk free? Please contact a SafeSourcing Customer Service Representative.  We have an entire customer services team waiting to assist you today.

We look forward to your comments.

 

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Mistake-proofing your business!

Monday, December 21st, 2015

 

 

Today’s post is by Mike Figueroa, Project Manager at SafeSourcing

All human activities have a percentage of error. For example, out of all the email we send in a day some percentage will have a grammar error, for all the mouse clicks we make in a day some percentage will miss their targets. These “fat-finger” category mistakes are fairly benign, and would take quite a bit of corrective time and effort to reduce. Sure, we could spend an extra 10 hours a week slowing our clicks and typing down to a crawl to make sure they never miss their mark, but most businesses don’t have the spare time or patience to do so. However, when our processes have vulnerabilities built into them, where a stray click can create a lawsuit level problem, the “fat-finger” category of mistakes suddenly becomes a big deal.

Make no mistake, inadvertent minor errors WILL happen, and there’s nothing economically feasible you can do to eliminate them entirely. You CAN however, structure your processes and systems in a way that makes it difficult or impossible for small mistakes to have unforgivable consequences.

Identify your vulnerabilities: Evaluate your systems for what functions are business-critical. What processes, buttons or links have the highest risk associated with their execution? Which ones would buy something your business couldn’t afford, send messages you can’t take back, or delete records you can’t recover?

Create roadblocks: You know those pop-ups that annoy you so badly that say “are you sure?” after you’ve hit the “buy now” link? These intention-checking messages help you slow down your furious clicking, and can prevent execution of an erroneous command.

Improve bad layouts: Do your systems have dangerous buttons/links right next to innocuous links? Maybe your “print” button is next to your “fire everybody” button? Your “Decline award of business” button next to your “buy all” button? Your copy/paste command next to your “wipe database” command? There’s no good reason to build vulnerability into your system layout.

Sensitive Communications: Are you frequently sending sensitive information back and forth over email that you could be automating through a system with protections in place? One mistake and you could send proprietary information from steve@vendorA to steve@vendorB, and you have a breach of confidentiality on your hands. Take advantage of the data segmenting capabilities available in most modern systems.

Even your most talented team member will make a small mistake, and if it’s at the wrong place at the wrong time, or wrong link on the wrong system, it can have disastrous consequences. Don’t get rid of the talent, remove the unnecessary vulnerabilities in your systems, so that your people can focus on using their skills. Your company’s internal processes shouldn’t be its riskiest activity.

For more information on how SafeSourcing can assist your team with this process or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.

 

 

 

 

 

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Is your company getting the best rates for natural gas and electric?

Wednesday, December 16th, 2015

 

Today’s blog has been written by Ryan Melowic Vice President of Customer Services at SafeSourcing.

Since the Federal Energy Regulation Commission (FERC) chose to limit its power to wholesale transactions, the road was paved for states to choose how they would allow price competition. This is also known as deregulating, which, means that companies can choose the gas and electric that is used at their business locations. It doesn’t mean eliminating of laws that protect against fraud, but reduces how business is done, thus migrating towards a more free market.

Currently, not every state is deregulated; please see which states are below.

 

Natural Gas Electric

 

 

 

 

 

 

 

 

 

 

 

PC=Partial Choice

Reverse Auctions have become best practice for energy procurement. By inviting multiple energy suppliers to a reverse auction hosted for your company, all suppliers are able to quote interactively during a set time which extends until the lowest rates are identified. The method ensures fair and translucent competition, these benefits suppliers who want to win more business and challenges the market to offer aggressive rates.

For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.

We look forward to your comments.

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Supplier Meetings with Clients

Tuesday, December 15th, 2015

 

Today’s post is by Alyson Usserman, Project Manager at SafeSourcing

After an RFP or RFQ,  we are sometimes asked to communicate with vendors to schedule face-to- face meetings in relation to their quote and future business opportunities.   The following is a list of what you can typically expect as a supplier:

  1.  An agenda:   This will be a list of everything the client will want to discuss with you during the meeting.
  2. Meeting time, place, and contact: The client will typically decide on a location at their convenience, be prepared to travel. The client will then provide a contact who will also be in the meeting as well.
  3. Additional documents: On occasion a client will request additional documentation on the business opportunity to discuss.
  4. Questions: Prepare your questions ahead of the meeting in list format. This will help the client and the supplier think through any concerns.In person client meetings are the way onto the final negotiation process and contract signing, typically.

For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative.  We have an entire customer services team waiting to assist you today.

We look forward to your comments.

 

 

 

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Are you having trouble reaching someone at home?

Monday, December 14th, 2015

 

Today’s post is by Troy Lowe; Vice President of Development at SafeSourcing.

With everyone carrying a cell phone, a lot of households have moved away from land lines.  In doing so it is sometimes hard to get ahold of someone when they are actually at home.  A lot of people like to keep their phones on vibrate as not to disturb others while in public and when returning home they place the phone down and do not hear the phone when doing things around the house.  This has happened to me several times.  I needed some important personal information for work and needed to get ahold of someone at home.  There were three people in the house all with cell phones and I could not reach any of them.  Turns out two of the phones were on vibrate and the other one was dead and charging.  I started some research and found that there are several different devices that can solve this issue.  Some of the devices are Bluetooth enabled and will connect to your phone when you are within range.  There are other devices containing docking stations so that your phone will charge as well.  With some of these devices you can connect to several phones at the same time.  One such system is the VTech Connect to Cell Cordless Phone.  It comes with a base station and 3 cordless phones that will connect up to 4 cellular phones at one time.  Below is a list of some manufacturers that carry devices that can connect to cellular phones.

  • AT&T
  • Panasonic
  • VTech
  • Cobra
  • Altigen

If you would like some help researching a solution, we can gather all the necessary information for you and help you decide which device meets your needs.  If you would like more information on how SafeSourcing can help you, please contact a SafeSourcing Customer Service representative. We have an entire team ready to assist you today.

We look forward to your comments.

 

 

 

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What are the Carter 10 C’s?

Friday, December 11th, 2015

 

Today’s post is by Tyler Walther; Account Manager at SafeSourcing.

Carter’s 10 Cs of supplier evaluation or selection is named after Ray Carter, Director of DPSS Consultants, who originally developed the 7 Cs of effective supplier evaluation. The Carter 10 C’s model is an internationally recognized approach and taught in procurement studies. This has since been extended to 10 and they should be applied by anyone who is involved in either selecting or evaluating suppliers.

  1. Competency – Does your supplier have the ability to deliver the products you require?
  2. Capacity – Does the supplier have sufficient capacity to provide the products you require? Capacity can include equipment, human resources and materials.
  3. Commitment – Does your supplier have the commitment to maintain suitable quality performance?
  4. Control – Is your supplier in control of their policies and procedures?
  5. Cash – Does your supplier have a solid financial standing?
  6. Cost – What is the cost of products from the supplier?
  7. Consistency – Does the supplier guarantee a consistent product?
  8. Culture – Does the supplier share the same cultural values as your organization?
  9. Clean – Does your supplier have an appropriate sustainability policy?
  10. Communication – What tools will you utilize to communicate with your supplier?

Using the Carter 10 Cs will not only better your supplier selection process, but it will also level the playing field while selecting and evaluating suppliers. We enjoy bringing this blog to you every week and hope you find value in it. For more information on how we can help you with your procurement needs or on our “Risk Free” trial program, please contact a SafeSourcing Customer Service Representative. We have an entire customer services team waiting to assist you today.

We look forward to your comments.

 

 

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