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Introduction of eProcurement at Calor Gas offers opportunity of ‘cultural change’

Alexander Inglis_015

Kevin Wing, Group Purchasing Manager at Calor Gas speaks to Supply Management about the implementation of Wax Digital web3 P2P revealing how the new software will introduce a cultural change into the business, while rationalising suppliers and substantially cutting costs.

After joining the procurement team at Calor just two years ago, Kevin initiated a procurement transformation, with his priority to introduce eProcurement to the organisation to help control its £150 million annual spend. Read More

Wax Digital supports Contacting the World

Contact Theatre

As a software company we aim to put innovation at the forefront of our Source-to-Pay and Purchase-to-Pay solutions, so we’re always keen to support others in their own pursuit of being more creative in their field. That’s why at Wax Digital we’ve chosen to support the Contacting The World Festival (CTW), organised by Contact Theatre, Manchester.

CTW is all about bringing young people from around the world to Manchester in order to make amazing and innovative theatre happen. So, in July 100 young theatre makers from India, Iran, Jamaica and the UK will descend on the city for week-long artistic celebration. Read More

‘Procurement professionals should embrace technology to become more strategic’

Procurement & technology

An exclusive roundtable held by Wax Digital on the future of technology and procurement revealed that Procurement is focusing on strategic projects rather than transactional tasks with the help of technology, but there are some challenges to overcome.

‘The Buying Game’ roundtable invited a combination of procurement and technology experts from across the country to discuss the current use of technology in procurement and from the help of futurologist Martin Bryant, where it was likely to go in the future. Read More

Calor to fuel cost savings and improve purchasing control with Wax Digital

Calor Gas

Calor Gas Ltd is implementing Wax Digital web3 P2P (Purchase to Pay) to improve the management of its multi-million pound annual spend and drive further efficiency savings within its transport fleet and specialist field service engineering divisions.

Tasked with building a new procurement function from the ground up, Kevin Wing, Group Purchasing Manager at Calor identified the need for a specialist eProcurement solution as being critical to help the company optimise its spend control. Calor also wanted to negotiate more favourable terms with its suppliers to reduce inventory level costs and reinvest these savings into the wider business. Read More

Can SMEs access R&D to create sufficient competitive disruption?

SME

In an exclusive blog for The Guardian Small Business Network, Wax Digital’s Daniel Ball discusses the potential for SME’s to utilise R&D to get ahead of the game.

By all accounts George Osborne’s Budget for “makers, doers and savers” should encourage British SMEs to look at research & development opportunities to get ahead. Read More

G-Cloud 5 status for Wax Digital

Wax Digital is a Crown Commercial Service Supplier

Wax Digital has been awarded a place on the G-Cloud 5 Framework by Crown Commercial Service, the Government’s cloud-services procurement framework.

Public sector organisations can now turn to Wax Digital web3 for eSourcing, Contract Management, Purchase to Pay and Source to Pay via CloudStore, the online marketplace for the G-Cloud framework. Read More

To boldly go where no procurement professional has gone before

To Boldly Go - Technology trends

Technology trends like wearable tech and the Internet of Things are making waves, but how does this impact procurement professionals? Daniel Ball, Director at Wax Digital takes a purchasing focused look at the next big trends.

Procurement professionals have become drivers and passionate adopters of new technologies. Where sourcing a new product, raising a requisition and negotiating with a supplier was once a laborious process, eSourcing and purchase to pay solutions have enabled procurement teams to accelerate and manage the buying cycle by automating administrative tasks. This frees up both their own time and that of their colleagues in other departments to concentrate on the increasingly thought-intensive and strategic roles being demanded of them.

Read More

Buying Better and Spending Smarter

Turning Point changing mindsets

Wax Digital client, leading health and social care charity Turning Point discuss with Supply Management the work it is doing to change the approach to buying in the organisation.

In an interview with both the CFO and the Procurement and Facilities Manager, they reveal how Wax Digital web3 technology is supporting their challenge to change the mindset of the business.

Read More

The Rewards of Managing Supplier Risk – Part 3

Supplier risk

Wax Digital’s Daniel Ball and independent procurement consultant John Martin speak to The Manufacturer in this final blog installment on supplier risk.

Effective supplier risk management requires a data and detail driven approach flowing through both your analysis of suppliers as well as day-to-day processes. Technology has a key role to play in this, alongside maintaining valuable dialogue and relationships with suppliers. Read More

The Rewards of Managing Supplier Risk – Part 2

Supply chain risk

The last couple of years has seen supply chains hit by some shocking and high profile disasters. Inevitably supplier risk management is on the rise, but for manufacturers this involves much more than avoiding the possibility of a major incident like another horsemeat scandal or clothing factory collapse.

Generally speaking, most suppliers will deliver to your needs compliantly, but over time their levels of day-to-day performance can see significant ebb and flow, which, if unmanaged, can leave you exposed. Read More