4 Surprising Realities of Energy & Utilities for Procurement Teams
Here are four things that most procurement teams don’t know about energy and utilities procurement—but they absolutely should. When you understand these insights, you’ll be on your way to building smarter procurement strategies and managing costs more effectively. [...]
How to Reduce Spend & Improve Sustainability in 5 Key Indirect Categories
See how Fine Tune customers are lowering costs and boosting sustainability across five key indirect spend categories. [...]
Think You Can’t Reduce Energy Spend in a Regulated Energy Market? Think Again
If you manage energy spend in a regulated market, there are still actionable steps you can take to capitalize on savings. If your company operates in one of the 35 […]
A “Three-Legged Stool” Approach to Optimizing Indirect Spend
As any procurement professional who’s managed indirect categories will tell you, the relative spend is not equal to the relative headaches. To optimally manage the most burdensome indirect categories—e.g., uniform rental, waste & recycling, pest control, security & guard services, and energy & utilities—an equally complex approach is required. [...]
Sustainability vs. Sustainable: Is your energy management strategy truly efficient?
At its core, the word “sustainability” is defined simply as the ability to continue at a certain level—no explicit consideration for whether something is “green,” renewable, or recyclable, and no defined parameters around carbon footprint. Simply: “able to continue." This naturally begs the question: is your energy management strategy sustainable? [...]
Buyers: It’s time to take back your power. Here’s how.
The harsh reality is that at the dawn of 2023, procurement teams and buyers in general are facing an exceptionally challenging landscape, and the grand-scheme question facing these professionals is: “How can we reclaim some of the power we’ve lost?” [...]
The Unintended Consequences of “Net-Never” Payment Strategies
An accomplished procurement executive recently joked with me that their prior employer’s vendor payment terms were “net-never.” The phrase resonated with me and my team, as we’ve witnessed just how […]
IPCC’s Latest Warning Drives an Urgent Climate Call-to-Action—Join Us in Answering the Call
On August 5, 2021, the UN’s Intergovernmental Panel on Climate Change (IPCC) released its 6th Assessment Report on Climate Change. There’s a good chance the report crossed your radar like […]