Infosys Portland

Read Report > https://lnkd.in/gAtsKNMF “…Our data analysis illustrates that it is entirely possible to fashion a silk purse from the sow’s ear of SG&A expenses. Moreover, it proves how #procurement expertise can add clear strategic value to financial performance. This paper proves that the strategic management of indirect costs can contribute to profit just as easily, if not faster, than generating new revenue. Achieving savings from indirect costs can make a substantial difference to profits, especially for companies that operate on low margins. Moreover, our analysis illustrates how tomorrow’s procurement capability – what we call #NextGen procurement – shifts the focus from delivering savings to delivering value. In this case, this is through renewed capabilities in data analytics and a team that is highly skilled in extracting value from data, which then unlocks new strategic savings and increases profit.” Infosys Portland Director Bernie Donachie and Manager Scott Ellsworth have conducted a comprehensive review of the revenue generation procurement can unlock for the business and driving even more value than ever before. In a time where generating new streams of revenue is challenging, this is a less labor intensive method to positively affect the bottom line.

Register > https://lnkd.in/gRGai_aw Infosys Portland is sponsoring the upcoming CIPS Australia & New Zealand event next week. There is still time to register your attendance. Director John Hatton, FCIPS and Associate Director James Ball will be sharing a practical explanation of how AI affects #procurement, market trends, and how to incrementally incorporate AI into your procurement function to add value now and in future.

Read the report > https://lnkd.in/gngzTqSt Read the web article > https://lnkd.in/gVMsGGVv Recently, The Australian Financial Review published a story about Sydney’s lack of industrial land supply and its impact on businesses priced out of Sydney. See comments for links. The shortage of industrial property is driving business out of Sydney Sydney has the lowest industrial property vacancy rate of any city globally. This has resulted in escalating lease costs for warehouses and manufacturing sites over recent years. There is limited availability of land for development to expand the industrial property footprint in Greater Sydney. Atlas Economics and Infosys Portland were engaged by the Mamre Road Precinct Landowners Group to evaluate the impacts on construction supply chains of the constraints of industrial property. With expectations that NSW adds 314,000 new homes by 2029 (under the Federal Government’s Housing Accord), our research highlighted that many companies are planning to service the Sydney construction market from Melbourne, Brisbane and Regional NSW due to excessive costs in Sydney. This puts more trucks on the road, creating more carbon emissions.   What businesses should be prioritising right now: #NetworkDesign – The trade-offs between inbound freight, outbound freight, rent, warehouse operating costs, working capital, customer service, environment and risk are rapidly changing. Supply chains should focus on their network and plan for profitable growth. #InventoryManagement – take a Demand Driven approach to determine where to hold inventory and how much to hold. Optimised inventory equals less sqm required, less working capital and improved customer service. #Logisticssourcing – whilst underlying cost pressures are increasing we are still finding opportunity to reduce logistics costs through effective optimisation and procurement. #SweattheAssets – get more life from your existing footprint, increase storage density, optimise inventory, introduce tactical automation, service more customers from other locations

We're #hiring a new Assistant Manager Sourcing (Japanese Language capability) in Pune, Maharashtra. Apply today or share this post with your network.

We're #hiring a new Assistant Manager Sourcing (Japanese Language capability) in Pune, Maharashtra. Apply today or share this post with your network.

We're #hiring a new CAPEX Sourcing Manager in United States. Apply today or share this post with your network.

We're #hiring a new Procurement Category Manager in Canada. Apply today or share this post with your network.

We're #hiring a new CapEx Category Manager in United States. Apply today or share this post with your network.

Last week Infosys Portland presented Costa Coffee with the award for Best Procurement Transformation Programme at the CIPS - The Chartered Institute of Procurement & Supply Awards in London. Costa Coffee is recognised by the judges for ‘creating value for suppliers and harnessing sustainability to transform’. Congratulations to the Costa Coffee for a leading transformation programme that 'pulled the business together to deliver phenomenal and record-breaking results in 2023 through the Fuel For Growth programme. Leading the strategic category management of 52 subcategories, 1,000 suppliers and £1bn of spend, the procurement team spearheaded over 235 savings projects. These included key supplier transitions, network redesigns and advanced tendering via a newly implemented digital platform. Through brilliant execution, advanced business partnering and a growth mindset, the team delivered exceptional results to beat challenging targets and the previous year’s results by over 74%’. Infosys BPM Infosys Consulting Infosys Infosys Europe Infosys Public Services

Is delivering better insights to the business through improved data and analytical capabilities a top priority for your team? Odds are it is for most of your peers and competitors. The Infosys Portland #procurement annual survey results suggest that most organisations are busy addressing the symptoms, but perhaps not equipped to address the cause. To improve your #data and #analytics, we need to understand why your data and analytics are not providing you with meaningful insights instead of moving straight to technology solutions that will produce moderately effective outcomes. Our focus is understanding what sort of #technology solution will unlock the data analytics and insights that are specific to your business.