An Introduction In the ever-evolving world of procurement, staying ahead of the curve is essential. For over 20 years, Curtis Fitch has been at the forefront of this transformation, pioneering the eAuction landscape and offering comprehensive eSourcing solutions worldwide for small to large coporations. Our journey has been marked by innovation, dedication, and a deep understanding of the procurement process. Let’s delve into what eSourcing is and how Curtis Fitch is revolutionising procurement through online eAuctions and our bespoke eSourcing platform. More On eSourcing? eSourcing is the dig ..read more

Change follows a crisis & we’ve had a couple of biggies since 2020. The World Health Organisation recently downgraded COVID from the highest alert level, but this was followed, in 2022, by Russia’s military action in Ukraine, leading to changes in working patterns, increased skills gaps, escalating fuel costs & food prices and extra pressure on key supply chains. What changes might procurement see in 2024? Integrated Systems – Integration is a current hot topic, especially Application Programming Interfaces (API). When we talk about APIs, we’re really looking at how different software ..read more

As we all know, from May 2018 data legislation is changing, with the new EU General Data Protection Regulation coming into play. Organisations will now be required to undergo extra jurisdictional application when processing the data of EU citizens and the implications for businesses are set to be big. Don’t fear – we’re here to tell you how using supplier and contract management software can help you identify and single out your GDPR-relevant suppliers, ensuring compliance across your contract term with them. Step One – Identifying GDPR-Relevant Suppliers The first challenge that bus ..read more

Organising procurement across multiple levels of any organisation can be a real challenge, particularly when you have fluctuating budgets and varying demands across your organisation to contend with. To help you keep on top of costs, we’ve put together our top 5 tips for maximising savings when it comes to procurement: Alter Your Order and Purchasing Patterns It’s always worth taking the time to look at your purchasing patterns with suppliers to see where savings can be made. It may be the case that you’re using two different suppliers for two different purchases, where one supplier could do b ..read more

Here at Curtis Fitch we take immense pride in providing top-notch procurement software solutions to our clients. Our CF Suite has been specifically designed to revolutionise procurement processes, enabling businesses to gain a competitive edge and achieve remarkable results. We believe in harnessing the power of eAuctions, a powerful tool that has consistently delivered exceptional benefits to our clients. So much so, that we recently conducted a special event, “What Good Looks Like,” to showcase the value eAuctions bring to our clients. If you’re curious to learn more about the potential of e ..read more

We’re proud here at Curtis Fitch about CF Suite eAuctions. We have years of experience supporting procurement teams in running and managing auctions and tracking the cost benefits. eAuctions offer lots benefits compared to traditional auction methods. Here are our top 3 benefits: 1. Increased efficiency. Streamline the bidding process and reduce the time required for the auction to run. This often results in cost savings for both the seller and the buyer 2. Reach a wider audience. Online auctions can reach a larger audience than traditional auctions, as bidders can participate from anywhere in ..read more

Guardian News and Media The challenge Guardian News and Media (GNM) needed a solution to store and manage supplier contracts to manage risk and compliance. The symptoms Hard to access information on contracts and limited ability cross reference with spend and other data. The reality was that commercial and operational risks were unknown. How Curtis Fitch helped Curtis Fitch worked with GNM to collate and load their key contracts into CF Suite. GNM can now cross-reference spend with contracts and can manage risk by reporting on contract compliance and are able to highlight significant spend whe ..read more

Tail Spend – What is it? Tail spend is a collection of transactional purchases where the spend not important enough for procurement to handle, but big enough to collectively cause a business some degree of concern. If you liken it to your daily coffee consumption. Each day you buy a slightly overpriced coffee but don’t think too much of it. To make matters worse you might buy it from different places each day and you don’t take advantage of any loyalty schemes or discounts. On a day to day basis it doesn’t impact your piggy bank enough for you to notice, but add it up at the end of the month a ..read more

QinetiQ The challenge QinetiQ’s sourcing solution was unpopular, difficult to use and did not work well with QinetiQ’s infrastructure. It was time to change, but to whom? The symptoms Poor feedback from users and suppliers meant that the previous sourcing solution wasn’t fully utilised. A lack of a standardised approach across teams meant lost opportunities to leverage sourcing team experience which was compounded by the limited scope for modifying tenders. How Curtis Fitch helped QinetiQ used CF Suite to deploy a single system for sourcing, contract management and supplier management. Integra ..read more

GKN Aerospace The challenge GKN’s manual processes were taking up a lot of resource and the aim was to utlise technology to consolidate contracts with their bid documentation. This would free up the Procurement team to spend their time on value add activities. The symptoms Negotiating contract terms with GKN’s supply base was a lengthy, inconsistent process that generated unnecessary paperwork. How Curtis Fitch helped Curtis Fitch delivered a solution for the negotiation of supplier contracts. Curtis Fitch managed the programme, working closely with GKN’s project leads to support GKN in moving ..read more