GBM Insiders
Winter 2012
Cutting & Clearing a New Path for GBM
With the fast pace of technology advancements and the necessity to tighten our belts during a struggling economy, we have all felt the pressure to perform at higher levels of efficiency, productivity and fiscal awareness. It can seem daunting to think about every- thing that’s on our plates these days, but we aren’t alone in those struggles!
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Our customer base is certainly experiencing the same or greater challenges and we must be prepared to provide
them assistance in the areas of vendor spend analysis and supplier rationalization. The prevailing trends in the marketplace are calling for a consolidation of vendors and/or services, in order to realize established cost saving and control objectives. Just as GBM is constantly evaluating every aspect of our daily operations for potential cost savings, our customers are evaluating procurement strategies for realizing savings associated with vendor management, transaction processing, rate/spend control (volume discounts) and proposal evaluations.