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Making procurement work better for your charity

Procurement for Charities

Ongoing economic uncertainty and brutal government funding reforms have inevitably caused charities’ resources to become stretched to the limit. However, figures published in April 2014 by The National Council for Voluntary Organisations (NCVO) have revealed an even bleaker picture than we may have thought, signalling that charities must urgently bring their spending under control if they haven’t already done so.

As charities face increasing pressure to find new ways to deliver maximum value to their beneficiaries and donors, they can only do this if they are equipped to receive value from their supply chain in return. Read More

Wax Digital web3 eSourcing increases international reach

web3 eSourcing

Wax Digital’s web3 eSourcing has enhanced its multi-lingual capabilities from an already impressive 11 languages to 13 with the recent additions of Danish and Czech.

Enabling organisations to deploy web3 to users across a host of different countries in their native language, and to communicate with suppliers across the globe, taking an international approach to supply is no barrier to purchasing. Many Wax Digital clients significantly enhance their savings by introducing supplier competition across multiple countries. Read More

Wearable technology: The right fit for procurement?

Wearable tech

At a recent procurement technology debate called The Buying Game, Wax Digital explored what technologies might impact the procurement people and processes of tomorrow. In this, the second of four blogs for Supply Management, Wax Digital’s CTO Peter Kinder looks at wearable technology.

We’re increasingly a world on the move; more than ever we want information to be at our fingertips wherever we are. To reflect this global trend investors have spent half a billion dollars in equity and debt on wearable technology start-ups since 2009. Fast forward to 2018 and analysts predict that the ‘wearables’ market will be worth in excess of $8 billion. Read More

The Calor Gas efficiency drive

Calor-Gas

Calor Gas features as the cover story in August’s Supply Chain Digital magazine, revealing how the organisation has been proactive in its approach to spend control and cost efficiency by initiating a procurement transformation with the help of world-class eProcurement software web3 Purchase to Pay.

Tasked with building a new procurement function from the ground up, Group Purchasing Manager at Calor, Kevin Wing identified the need for a specialist eProcurement solution as being critical to help the company optimise its spend control. Read More

The Internet of Things: Positive for procurement?

IoT

At a recent procurement technology debate called The Buying Game, Wax Digital explored what technologies might impact procurement people and processes tomorrow. In this, the first of four blogs, Wax Digital’s CTO Peter Kinder look at The Internet of Things…

The potential of the IoT is unlimited. From smart baby monitors that enable you to see, hear and interact with your baby (or pet!) to location-based devices that help you locate products in shops and contextually suggest things for you to buy based on your preferences. Read More

The challenges of buying for short-term events: Avoiding the temporary tantrums, Part 1

Glastonbury

In this exclusive first guest blog in a series for Spend Matters, Wax Digital’s Daniel Ball looks at the impact of large-scale/short-term buying on the big, one-off or annual events.

Whether your thing is music or sport, it’s fair to say that there are almost back to back major events happening this summer to keep you entertained. Of course the focus is currently on Glasgow, but we’ve also had the World Cup, Glastonbury and Wimbledon to name a few with more still to come. Read More

Getting your house in order

HA

We recently spoke with Housing Technology about the introduction of universal credit and the pressure this could potentially place on Housing Associations, while analysing possible resolutions.

eProcurement technology is already helping many housing providers streamline their financial and purchasing processes to give a clear view of cash flow and organisational spend. In recent years both Purchase-to-Pay (P2P) and Source-to-Pay (S2P) have become increasingly accessible for housing associations as cloud computing has helped improve accessibility to it and lowered costs. But as Universal Credit begins its staged rollout throughout the UK, rent arrears look set to become a challenging reality for social housing providers and P2P and S2P software may hold the key to reducing risk in these uncertain times. Read More

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