PurchTips - Edition # 33

 

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Picture of Charles Dominick, SPSM, SPSM2, SPSM3

Achieving Savings In Non-Traditional Ways

By Charles Dominick, SPSM, SPSM2, SPSM3

Save Outside The Box

You achieve, measure, and report savings. And you do these things through traditional methods like negotiating, bidding, and switching suppliers. But there are many other, lesser-known techniques that you can use to impact the bottom-line. From time to time, we'll share with you tips on these alternate approaches.

The following interview with Ernest Groover, C.P.M., A.P.P., President of GRP Services and a 28-year purchasing professional, will enlighten you to the savings achievable by introducing a Utility Cost Recovery program to your organization.

NLP: What exactly is Utility Cost Recovery (UCR)?

EG: Utility Cost Recovery is the systematic review of utility/telecommunications costs designed to correct and eliminate errors in tariff applications, physical inventories, rates, taxes and surcharges.

NLP: How likely is it that an organization will actually realize savings through UCR?

EG: Industry experts and federal investigators have found that approximately 87% of utility and telecommunications billing contains errors. Finding just a small error can earn you a sizable refund, not to mention future savings by having the errors corrected.

NLP: Why is Purchasing the right department to lead a UCR program?

EG: The Purchasing department's performance is measured by its achievement of cost savings. UCR is an excellent source of additional savings, thereby justifying their involvement in these non-traditional procurements.

NLP: How should a purchaser present to management the idea of doing a UCR program?

EG: The purchaser should indicate that overpayments will be recovered, future savings will be realized and budgets will be maintained or improved. Savvy buyers can also contract for a risk-free audit, paying the contractor only if savings are found. It's an easy sell.

Thanks, Ernie!

Next Level Purchasing, Inc. appreciates Ernie's willingness to share his insights with members of the FREE Purchasing Resources Program. If your organization would like third-party assistance with its UCR program, feel free to contact Ernie directly at (412) 271-5231 or info@grpservices.net.

(keep reading for a FREE Offer)

Spotlight On Professional Development Opportunities

SPSM Certification

Are you tired of not getting enough opportunities, respect, and money out of your purchasing career? Well, guess what? Nothing will change unless you take action towards becoming a world-class purchasing professional.

You see, today's employers refuse to reward employees for yesterday's skills.They demand that purchasing professionals like you use the most modern skills and achieve unprecedented results. They want you to save more money, achieve better operational performance, and reduce risk.

Is lacking a purchasing certification keeping you from getting the results, opportunities, respect, and money that you want out of your career? Today's employers refuse to reward employees for yesterday's skills. They want you to save more money, achieve better operational performance, and reduce risk. They demand that purchasing professionals like you achieve unprecedented results and without the most modern skills that can be a challenging feat!

So how can you acquire the most modern skills, achieve meaningful results, and convincingly prove your capabilities to today's employers? There is an impressive purchasing certification program that will teach you what you need to accomplish all of this and more. It is the SPSM® Certification, earned by completing the Senior Professional in Supply Management® Program. And you could earn it in less than a year - maybe even much less than a year!

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) (with the option of getting a Study Guide on an iPad) at:

Distinguishing yourself as an achiever in purchasing is key to sustaining a rewarding career, even in these difficult economic times. Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is to take if you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSM® Certification (and perhaps get an iPad) at:

Earning your SPSM® Certification by completing the Senior Professional in Supply Management® Program is the action to take if you want to bring the most modern purchasing practices  into your organization and achieve your career potential. And if you sign up for the Senior Professional in Supply Management® Program on or before May 31, 2008, SPSMSM Certification Program on or before 4/30/2007, you also get these and other bonuses valued at over $700:

  • FREE $30 gift certificate to Amazon.com!
  • FREE CD-ROM with printer-friendly versions of the class materials!
  • FREE Purchasing Performance Measurement spreadsheet template!
  • FREE audio CD about purchasing job security!

To learn how to earn your SPSM® Certification and get these valuable bonuses, visit:

Earning your Senior Professional in Supply Management® (SPSM) Certification is the action to takeif you want to bring the most modern purchasing practices into your organization and achieve your career potential. Learn how to earn your SPSMSM Certification at:

Learn how to earn your SPSM® Certification at:

www.NextLevelPurchasing.com/spsm.html



FREE Offer!!!

There are four irreversible business and technology trends that are likely to cost purchasers like you their jobs in the next 12 months. Do you know what they are? Do you know how to protect yourself from their effects? If not, you should get your FREE report entitled "Career Survival In Supply Management."

"Career Survival In Supply Management" describes these four trends and how they are steadily decreasing the number of purchasing jobs in today's volatile global economy. It then gives you a seven-step process to stay in the game under the new rules. If you want to remain in the purchasing profession for years to come, you owe it to yourself to check out this report!

To get your FREE copy of

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follow the instructions at
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Free Procurement Training & Certification Starter Kit

This Starter Kit gives procurement professionals like you a clear idea on what it will take to become certified. You'll get an excellent feel for what you will need to learn and how long it will take.

Click here to learn more

Included in your free Starter Kit:

  • Access to two lessons from courses that are part of the Senior Professional in Supply Management® Program
  • A Certification & Training Planning Template
  • Case studies
  • A free Basic Membership in the NLPA

Together, these materials will help you decide how well the SPSM® Certification can help you achieve your career goals.

So, what are you waiting for? Begin your pursuit of a more rewarding procurement career – get your Procurement Training & Certification Starter Kit now by signing up for a free NLPA Basic Membership!

If you are already a member of the NLPA, click here to login and visit the "Starter Kit" tab to access these resources.