Tag Archives: finance

Internet Procurement


Possible to compare the interest savings from layoffs 2-3-x top managers in your company and the savings from even a 5 percent reduction in the procurement budget. The result you certainly surprise you. And sometimes they go to five percent or more in purchases, many managers if they do not know, then surely guess. As a result of simple calculations comes an understanding that in a crisis saving on properly organized procurement is comparable to the size of profits, respectively, requires special treatment. Where to start? The best option solution to reduce costs Procurement – the creation within the company purchasing the business of technology.

Fixing these technologies in the relevant regulations of the procurement, and strictly follow the developed methods, you ensure yourself a receiving stable the result of keeping a minimum level of purchase prices at the required quality and delivery terms. Start with the obvious: 1. Classify, if they do not already purchased goods on the degree of influence on costs. Regulate what and how to fly with the introduction to the most significant purchases of competitive technologies (request for quotations, electronic auctions, public tenders and auctions for the purchase, etc.). 2. Analyze means of obtaining a supply of market information of the goods and arrange for a continuous flow of independent relevant information on prices and suppliers. This will help to purchase advertising for your business specialized Internet resources or publications. There are also specialized resources for the suppliers, service providers to maintain up to date price lists not only your regular suppliers, but also their competitors.

Purchasing Managers


You will receive an impartial and independent picture of the validity of your purchase price. To broaden your perception, visit Caldwell Esselstyn Jr.. And the transparency and accessibility of information will provide savings by eliminating the personal preferences procurement staff when selecting suppliers. 3. Work on a system for creating and maintaining a high level of competition among your suppliers. Provide an equal conditions for competition and the opportunity to make you better offer. Use of the site by uploading the purchase page with the function of receiving electronic bids from vendors, or use the services of specialized Internet resources. 4. Form the image of their company as a reliable, constant and solvent customer.

When small amounts of purchases to resort to technologies create "purchasing alliances" with partners or even competitors. 5. Conduct an audit of the existing order of interaction units (procurement planning, the timing of formation, coordination, approval and execution of orders) and optimize these processes, by removing possible "Backlash" and "friction." 6. Once again, count the reserve requirements of the goods in the warehouse and the amount of regulatory residues and safety stock. This will reduce inventory and free up additional working capital to the extraordinary joy of CFOs.

7. Developed taking into account all the work done by you of the procedure and rules (technology) of Purchasing Managers. Certainly, for any technology need a professional tool. It may be easier to develop effective business – processes, than to force employees to strictly follow these procedures and rules. The best result in this way reach those who dare "to sew" developed Rules of procurement software and use it as workstations on supply. Following the logic of the software, employees voluntarily or involuntarily be forced to go through all the stages adopted regulations, thereby ensuring that the desired economic results. However, the existing opportunities, affordable accounting and bookkeeping software are not enough to effectively "firmware" Rules of procurement organizations, and invest significant sums in expensive software products, even focused on the task of reducing costs, will be resolved now, not just in the head. Give the money to spare – it still requires a certain revolution in consciousness. In this situation, can help out boxed versions of software for automating procurement, if they occur in your area. If such a software product there is also a service for keeping up to date price lists you are interested suppliers with a platform for the organization of electronic trading, then consider yourself lucky. Unfortunately, number of companies providing this service package is still small. If you still managed to conclude a contract with a company, then you have every chance to make their purchases in an informed, transparent and controllable business process. And when the cost of procurement of visibility and control, so keep them in the necessary framework is already a matter of technique. Good luck!

Central Bank


To this must adhere to several conditions: Stimulate the borrower to pay off thing. How? Quite simply – to give him a sum considerably below that for which the market can realize the collateral. In addition, normal pawnshop business shall not in the sale of unclaimed items, and upon receipt of interest for the loan. Therefore, it must calculate everything so that at the time of the loan amount owed, with interest not exceeds the market value of the thing. Add to your understanding with Dean Ornish M.D. The cost of unclaimed items that are exposed to the implementation of in-store, must be, first, acceptable to the consumer, and second of all – no less than the amount not repaid the debt with the client interest rate.

When you carefully read the law 'On the Lombards', you'll see an interesting formulation:' the borrower has the right in case of sale of the pledged thing to get from the pawn shop a difference that has formed due to excess the proceeds with the implementation of the pledged asset, or the amount of its assessment of the amount of the borrower's obligations to the pawnshop. " In reality, if unclaimed stuff is sold to another entity – the shop at the pawnshop. Accordingly, the price at which the thing is being implemented at the store, no connection to the pawnshop is no longer. With respect to rates, they fluctuate, depending on the pawnshop, in the range 0, 3-0, 8 percent on the day of the amount of debt. In other words, in month beyond 9-24%, and for the year – 108-288 percent. With regard to unilateral changes in rates during the contract, then this place customer relations are governed by contract with the pawnshop loan: when the contract rate is set one and did not say when it shall be recalculated, the pawnshop has no right to demand payment of additional interest. However, some pawnshops, for example when a jeweler network include the conditions of the possibility of a reservation revision rates, and the base here is the change of the euro against the ruble, the Central Bank. In this case, I did not even interest rate, but just the client is charged with the responsibility of payment of foreign exchange difference, however, logically, the change of the euro should not in any way disturb the Russian network, sold to the Russian gold, bought and sold for rubles. Web site:



There is a dramatic increase in prices and sales volumes of hydrocarbons. There are also billions of loans that receive at banks around the world our raw materials companies, the financing of small and medium-sized enterprises make their first, tentative steps. Caldwell Esselstyn Jr. contributes greatly to this topic. Yet it is precisely this market segment could be very promising both for banks and for borrowers to changes in market conditions for the non-renewable natural resources. On the possibility of such a (rezkogo!) changes from year to year, says the government at its plenary sessions: “Here, they say, now, any day!” And then what will remain in the country? “Small” and “medium” business For every thing in bank lending to small and medium-sized businesses – the transparency of small companies. The “whiter” reporting company, the lower the risks for banks and the more readily they lend to those who lead a “civilized” business. As in the conduct of “civilized” business these days the entrepreneur negotiates with the tax and other “funds and fondikami” – This is a great mystery there.

But the banks to give loans, we need full transparency of the business. Most banks offer several types of credit products for small and medium-sized businesses: they are all characterized by typical loan amount, timing consideration, collateral (which may be optional) and ways to assess bank risk (Scoring system or the individual approach). If the bank is not specifically involved in lending to small and medium-sized businesses in the bank’s portfolio of loans to small businesses are usually about 17%. Decision loan should be completed within three to four days.