Archive for the ‘Business Sourcing’ Category

Pressure Washing Benefits

Friday, April 19th, 2019

 

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

Have you noticed a green tinted staining on the outside of your home or business? If so, you may not know that this could be mold or mildew. This is a very common occurrence if you have vinyl siding. Dirt can accumulate on the siding and this can lead to the mildewing because mildew feeds on dust and dirt. If your home or building is close to trees it may also cause mildewing as well. Another reason for the mildew or mold is excessive moisture or lack of sunlight. Because of this you may notice that the staining may only occur on certain areas of the structure and not the entire surface. Removing the mildew can be very simple to do. One of the most common ways to remove the staining is to have the area pressure washed. There are companies that specialize in pressure washing and can do an excellent job of removing the stains. You can also choose to pressure wash the area yourself. Pressure washers can be purchased from many common retailers and are fairly inexpensive. Deciding to do this can save you money but there are some hazards of doing it yourself. Having the pressure set to high can cause water to seep into the walls of your existing structure causing mold to grow within the structure. So if this is something that you decide to do yourself, make sure to research and read all documentation before beginning the job. Below are other things to be aware of when pressure washing your structure:

  • Risk of electrical shock
  • High pressure water can cause serious injuries to skin
  • Strong spray can throw small objects
  • Water seeping into the attic
  • Siding loosened or damaged
  • Damage to windows and screens
  • Accidental Removal of paint
  • Accidental Removal of mortal between bricks
  • Damages to surfaces

Whether you plan to clean the structure yourself, or hire a company, feel free to contact SafeSourcing.   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.

 

 

 

 

 

Feel the Hype!

Thursday, April 18th, 2019

 

 

Today’s blog is by Margaret Stewart, Manager of HR and Administration.

There are a lot of things happening now that have people excited. From first ever pictures of a black hole, upcoming movies and television, your recent money savings or accomplishments, $100m Fortnight championship, to your upcoming holiday plans, there is so much to help you feel the hype. Let us take a moment and appreciate all the work that made these things happen.

Hype: A simple picture, one that would not be recognizable before, has made headlines because it is the first of its kind – an actual picture of a black hole. Not only is it amazing to see and confirms Einstein’s theory of general relativity, but astounding when we consider the efforts put forth to make it happen. Thousands of hours of work, hundreds of thousands of computer codes, millions of light years between us, yet it can and has been observed and photographed. ​

Hype: What’s new to watch? Feel the hype because the final season of Game of Thrones is here and so is the final Avengers: End Game along with other movies in the Marvel Cinematic Universe. On top of that, there are many other highly anticipated movies and series, like the live action Dumbo movie, a return of The Twilight Zone, and Stranger Things. These exciting shows have been in the works for quite a while the time has finally arrived that we can reap the rewards of the hard work of so many.

Hype: If you get hyped when you save money, then here’s news for you. Using a procurement partner, like SafeSourcing, can save you even more. In fact, those who use SafeSourcing typically see 10x ROI. Not only can you save money, but you can get the quality and service you really want from people you may not have known existed. You can feel the hype and see the savings, and SafeSourcing can do the work for you. We will work with your procurement department, buyers, and finance people to help get the results that we can all feel excited about.

For more information on how SafeSourcing can help in your procurement efforts, or on our Risk Free trial program, please contact a SafeSourcing Customer Service Representative. We have an entire team ready to assist you today.

 

 

 

Part II of II. Are reverse auctions a good tool to use in the retail distribution cost plus arena?

Tuesday, April 16th, 2019

 

Todays post is by Ron Southard, CEO at SafeSourcing

Yesterdays post reviewed why and how this author felt that reverse auctions were potentially good for both the distributor and the retailer alike. So just what is cost plus?

According to Wikipedia  Cost-plus pricing is a pricing method used by companies. It is used primarily because it is easy to calculate and requires little information. There are several varieties, but the common thread in all of them is that one first calculates the cost of the product, and then includes an additional amount to represent profit. It is a way for companies to calculate how much profit they will make. Cost-plus pricing is often used on government contracts, and has been criticized as promoting wasteful expenditures.

Once unit level cost has been established for the distribution of products it’s easy to turn that into a percentage and add it to the price of a product coming up with a distributed unit price or category price. The most important part of this pricing exercise for the distributor is to get the distribution costs correct. This can include price of storage, freight, length of travel, driver cost and any number of other costs. This is an area where a distributor can lose a lot of money if they are not very careful.

So, are revere auctions a tool that can help distribution companies?  The answer is a clear yes both above and below the gross margin line. If you like to know more please contact me at ronsouthard@safesourcing.com.

We look forward to and appreciate your comments.

Create Small wins for buy-in.

Thursday, April 11th, 2019

 

Today’s post is from our archives at SafeSourcing.

Whether the focus is believing in a leader, a boss (there’s a difference 😉 a spouse, a product, or even themselves, there is a threshold at which a number of perceived failures will begin to cause people to stop believing in certain proposed possibilities. For some people their threshold is very low; all it takes is one setback, one negative comment, one harsh statement from the boss, to get them to lack belief in the viability of a positive outcome. While we can’t pander to everyone’s insecurities, there are ways to start rebuilding confidence, and expanding the perceived realm of possibility for your team.

One such way is to create small wins. A series of small accomplishments for an individual can be a huge bolster to Buy-in. A boss that follows through with his promises is more likely to be trusted when he asks the impossible of his employees. When a leader consistently demonstrates that greater things can be accomplished than what others thought was possible, co-workers will start increasing their self-expectations.

This is one of the greatest differences between incentivizing productivity through negative consequences and positive expectations. You can get people to scramble through fear, but you can’t get them to believe that what you’re proposing is achievable. And study after study has shown that a workforce that believes in a common purpose is always more effective than one that would rather see the project fail because they resent the fear tactics.

Learning what the threshold of buy in is, and consistently exceeding those expectations one step, one “win” at a time, is essential to managing a buy-in paradigm shift. Creating buy- in is what keeps clients patronizing your business; your employee’s following your vision, and your self-confidence high enough to accomplish your goals.

If you’d like to discuss getting your e-procurement program off to a quick start with focused small wins, please contact a SafeSourcing Account Manager.

We look forward to and appreciate your comments.

 

Tuesday, April 9th, 2019

 

 

Today’s post is by Gayl Southard, Administrative Consultant at SafeSourcing, Inc.

People don’t just dislike having their given names misspelled, they often have feelings of rejection when the person who does the misspelling is a relative, friend, teacher or a business associate. Although my first name is common, the spelling is not. In fact, I have only met one person that spelled their name like mine. If you know people well enough to address them by name, please have the courtesy to learn how to spell their name.

The White House press office misspelled the British Prime Minister Theresa May’s name three times. One error referenced a “bilateral meeting” between Trump and “Teresa May”. Teresa May is a former soft porn star and model. That was a huge gaffe.

It is important to check for grammar and spelling errors for three reasons:

  1. It limits the chances that your message will be misunderstood or misinterpreted.
  2. It reflects your credibility, intelligence and reliability.
  3. It indicates that you care about how you do business.

Spelling mistakes can cost millions of dollars in lost sales. A single spelling mistake can can cut online sales in half, according to William Dutton, Director of the Oxford Internet Institute at Oxford University. There seems to be more tolerance with informal parts of the internet, such as Facebook, towards grammar and spelling. Although Spellcheck is a valuable tool, it does not catch homophones (words that sound alike, but are spelled differently, and have completely different meanings). It can automatically change the spelling of new or unusual words, such as names to a word that is more easily recognized, without your permission,

There are four tips to observe when sending important business correspondence:

  1. Slow Down. Never send anything without proofreading it first.
  2. Don’t Multitask. Your brain refocuses each time you switch to a new activity.
  3. Get a Second Pair of Eyes. Have a colleague review your work.
  4. Double Check Facts, Names, and Industry Terminology. Spelling someone’s name correctly is extremely important because a name is part of one’s identity. Messing up relevant information can be interpreted as disrespect, and makes you look unprofessional. It also represents the lack of attention to detail, which can negatively affect the relationship between two parties.

“We are human and therefore bound to make mistakes. But your business reputation is too important to lose out over poor spelling. Try to be as accurate as possible when corresponding with clients, customers and colleagues. Your reputation (and ultimately your bottom line) may depend on it.”1

For more information on how SafeSourcing can help in your procurement efforts, or on our Risk Free trial program, please contact a SafeSourcing Customer Service Representative. We have an entire team ready to assist you today.

References………………

  1. Jessica Robinson, Michigan Mobility Institute, Entrepreneur.com/article/288812, 4/5/2019

 

 

 

 

 

 

 

How is your Supply Chain Management?

Friday, March 29th, 2019

 

 

Today’s Post is by Eli Razov, Senior Account Manager at SafeSourcing Inc.

Supply chain management (SCM) has a big impact on business. The right product and quantity must be delivered in a timely manner to appease both producers and distributors. Customers want to be able to know the location where they must go to obtain the goods that they want. Customers also expect fantastic customer support. SCM also has a huge impact on the bottom line of a company. A good SCM can improve the efficiency of plants, warehouses, and transportation vehicles. Cash flow is directly increased because the delivery of a product is in a timely manner, and consumers can purchase their goods.

The importance of Supply Chain Management is:

  • Decreases Purchasing Cost – Organizations generally prefer quick distributions of costly products and raw materials to avoid expensive inventory
  • Decrease Production Cost – Reliable supply chains delivers materials to assembly plants and avoids any costs that may occur due to delays.
  • Right quantity and quality – Customer expects delivery of right quantity and quality of products.
  • On-time delivery – Customers expect to receive the correct product mix and quantity to be delivered on time. A reliable supply chain can help with in any bottlenecks and ensure customers get their products in the promised time frame
  • Services – After sales service is one of the important aspects in any business. If any kind of problem occurs in the product, customers expect it to be fixed quickly. A right supply chain ensures that customers get the service they want.

SCM streamlines everything from product flow to unexpected natural disasters. With an effective SCM, companies can diagnose problems and errors correctly. SCM plays an important role in moving items quickly and efficiently to their destinations. At SafeSourcing we have helped countless clients with their SCM and Wholesalers by reducing costs and consolidating where applicable. Let us help you today!

For more information on how SafeSourcing can assist you or on our “Risk Free” trial program, please contact SafeSourcing  we have an entire team waiting to assist you today.

 

 

“To Make Change in Some Different Way”

Wednesday, March 27th, 2019

 

 

Today’s post is from Alex Borbely, Vice President of Sales at SafeSourcing, Inc.

With the advent of every new management tool comes a painfully predictable wave of human resistance. The reasons people resist new tools and processes are as varied as the number of humans that have been asked to change.  Some employees strongly resist change because the effects are unpredictable.  Other peers view changes in their quality processes as risky and they fight it only on principle. It’s almost natural that people wait for others to embrace change before they accept anything new.  When late adopters don’t embrace change, the resulting lack of shared vision and inconsistent implementation confuses and eventually kills any change effort.  As wide-ranging as the reasons are for resisting change, the various forms of reluctance share one common trait.  The people fighting change are rational. This is true when it comes to procurement,  meaning the art of buying goods and services.  Over the years, procurement pros have become responsible for larger budgets and interestingly from both 10 years ago and today not much has changed with some aspects of the procurement process.  Then, as now, procurement professionals say their biggest challenges are having accurate forecasts and having to do more with fewer people. More automation or use of technology can only help improve the profession.

SafeSourcing eProcurement tools, in particular the reverse auction process, is a fairly new way to increase your bottom line utilizing SafeSourcing’s full service offerings to enhance the spend process.  Using new technologies as described will put additional profit dollars directly on your bottom line where the savings are traditionally 10X your investment utilizing eProcurement tools.  You’re just accepting a different way to facilitate the bids/pricing process many times with your incumbent vendors.

For more information on how SafeSourcing can help in your procurement efforts, or on our Risk Free trial program, please contact a SafeSourcing Customer Service Representative. We have an entire team ready to assist you today.

 

 

ER Evolution

Tuesday, March 26th, 2019

 

 

Today’s post is written by Ivy Ray, Senior Procurement Specialist at SafeSourcing Inc.

A visit to the emergency room is never a pleasant experience for anyone, but for the elderly it can be downright dangerous, chaotic, and confusing.  I had never given it much thought until my 85-year old mother-in-law was in town for an extended visit and had to be taken to the ER after experiencing chest pains.

Maneuvering in an ER facility can be quite frustrating for someone with diminished vision, hearing, and mobility. The medical staff is busy taking vitals, and inquiring about the current multiple medications, all of which is taking place under bright harsh lighting along with the “normal” commotion of the medical facility. Fortunately, in my mother-in-law’s case, there was a family member there to assist with answering questions and providing information.

A recent initiative by the American College of Emergency Physicians (ACEP) to accredit geriatric emergency departments, is encouraging EDs to better address the needs of older patients and is providing guidance on which EDs are best able to care of such patients. This new voluntary accreditation requires doctors and nurses to have specialized geriatric training and facilities which include mobility aids and easy access to water. Some geriatric EDs include services of a transitional care nurse to coordinate older adults’ transition from the ED to home, which helps to avoid inpatient admission, as well as unnecessary patient risks and costs. Properly caring for elderly patients requires structural design and compliance with guidelines for care coordination services to optimize visits and provide cost-effective care.  In 2016, the U.S. spent 17.8 percent of its gross domestic product (GDP) on medical spending according to study results. In comparison, other countries spent 9.6 percent to 12.4 percent of GDP on healthcare.

SafeSourcing, Inc. has assisted our clients in sourcing providers of health resources to manage risk, while achieving their operating and performance goals in Interdisciplinary Care Plan, Post-Acute Care, and Utilization Management. For more information on how SafeSourcing can assist you in exploring your procurement solutions for your business 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.

References…………

  1. https://newsatjama.jama.com/2018/09/12/jama-forum-transforming-emergency-departments-to-better-care-for-elderly-patients/https://www.healthimaging.com/topics/practice-management/jama-us-spends-most-healthcare-and-imaging-reason-why

Baseball Season and eProcurement Part 1

Tuesday, March 19th, 2019

 

Today’s post is by Dave Wenig, Vice President of Sales and Services at SafeSourcing, Inc.

Any SafeSourcing customer know we measure eProcurement success using baseball terminology. It’s a fun way to monitor the level of savings achieved as our customers watch their online Request for Quote (RFQ) Events. Today’s blog post is the first in a series in which we will take a deep dive into the different levels of savings and highlight some of recent wins in each.

SafeSourcing tracks these savings levels in real time as our customers watch their live RFQ Event via an easy-to-understand baseball diamond.

  • Single– savings over 5%, but less than 10%
  • Double– savings over 10%, but less than 15%
  • Triple – savings over 15%, but less than 20%
  • Home Run – savings over 20%, but less than 25%
  • Grand Slam – savings over 25%

The typical SafeSourcing RFQ Events results in a Home Run as our average savings is 24.8% across all customers and categories. While the average savings is a Home Run, our actual results vary widely depending on the category. In the coming installments in this series, recent wins at each savings level will be highlighted. Our customers know that, while Home Runs and Grand Slams are incredible, it’s just as important to get a base hit as we work through all of their spend categories over time.

In the next installment in this series, we will highlight examples of how even a Single is impactful and worthwhile. We’ll discuss when you might expect a Single and why you should actually try for them just as you would a Grand Slam.

Contact SafeSourcing if you’re interested in learning more about how RFQ Events can help your company advance the bases and achieve savings.

For more information, please contact SafeSourcing.

 

College Admission Scandals, Grounded Planes, and Political Convictions

Friday, March 15th, 2019

 

Today’s blog is by Margaret Stewart, Director of HR and Administration at SafeSourcing, Inc.

When we hear big news stories, it seems to be all the talk for the next few days or weeks. Once that initial buzz wears down, life seems to go back to normal until the next story comes crashing through.

So, what do these news stories have in common and how do they affect us? I think any kind of scandal, especially political or involving the integrity of the education system, has further reaching effects than many of us realize. It is left to be determined what effects those will be in the long run. While we know the latest education scam has been exposed, how many kids missed out on chances at those schools? Planes have been grounded, but how many lives could’ve been saved if it were done earlier? Since we have seen recent convictions in the political arena, how many policies were affected and what kind of propaganda has yet to been discovered?

While SafeSourcing can’t help with your college admissions, we can help your business save money, which can be used to help send a kid to college. SafeSourcing may not have the power to remove corruption from politics, but we can help your organization find a vendor that better aligns with what you are hoping to achieve. SafeSourcing can’t go back and ground planes before tragedy, but we can help your organization source its travel needs, including planes, trains, automobiles, and everything in between.

For more information on how SafeSourcing can help in your procurement efforts, or on our Risk Free trial program, please contact a SafeSourcing Customer Service Representative.

We have an entire team ready to assist you today.