41 min listen
307: Category Spotlight - Uniforms w/ Rich Ham
307: Category Spotlight - Uniforms w/ Rich Ham
ratings:
Length:
35 minutes
Released:
Mar 23, 2020
Format:
Podcast episode
Description
There are some categories of indirect spend - think pest control, waste & recycling, industrial gasses and equipment rental - that cost more to source than they offer in savings. Rich Ham, CEO of Fine Tune, calls those ‘nuisance expenses.’ For a combination of reasons, they take so much time to manage, and result in so little savings (once they have been sourced for the first time), that they serve as little more than a distraction for procurement teams trying to function more strategically. The uniform industry is valued at $16B annually, and 3 national players account for 55-60% of the revenue in the United States: Cintas, Aramark, and Unifirst. As regional and ‘mom and pop’ players in this industry are gradually being assimilated into the big three, procurement organizations are going to have to completely overhaul their approach to this category. In this interview, Rich provides insight into the unique approaches and opportunities associated with this specific ‘nuisance expense:’
Released:
Mar 23, 2020
Format:
Podcast episode
Titles in the series (100)
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