Profile cover photo
Profile photo
Procurious
155 followers -
The online business network for the next generation of procurement professionals
The online business network for the next generation of procurement professionals

155 followers
About
Posts

Post has attachment
The past twelve months have been hard for small businesses, and it doesn’t look as though 2017 will offer much respite.

Between the third and fourth quarters of 2016, and predicted numbers in January, over 5,500 businesses will be wound up, according to a new survey.

Economic conditions, cash flow, and even Brexit, is hitting some sectors harder than others. Read more on Procurious.
Add a comment...

Post has attachment
Procurement's importance to an organisation has never been greater, but functions are still only handling a fraction of a company's overall spend.

On top of this, maverick spend is still a major issue in the profession - but one senior figure believes that this can't be solved with edicts and threats.

At the 2016 Big Ideas Summit, Stuart Brocklehurst, Chief Executive at Applegate Marketplace, told Procurious why his solution started with giving the mavericks a hug...
Add a comment...

Post has attachment
Knowledge might be power, but it's not worth anything unless it can be applied in a meaningful and effective way.

Procurement faces the a challenge of better managing the knowledge of its workforce, particularly as the generations start to retire.

Holding on to the knowledge through better knowledge management could be a critical step in this, and this is where systems like IBM's Watson Supply Chain come in.
Add a comment...

Post has attachment
In a recent survey of law firms, over 60% of respondents noted that they spent over 15 hours on each tender they responded to.

So if panel tenders for legal services are so time-consuming (and expensive), what can procurement do to streamline the process?

Stacey Coote, Legal Procurement Expert and a Partner at Coote O’Grady, shares six top tips for running effective panel tenders that should help trim this time down.
Add a comment...

Post has attachment
If you're setting some long-term goals, either personal or business, then you need to think about how you're going to maintain your focus.

What better way to learn about how to do that than from someone who knows exactly how to do that - 2016 Olympic Gold medallist, Chloe Esposito.

Chloe shares her thoughts on setting goals, staying focused, and how to balance all aspects of your life with Procurious.
Add a comment...

Post has attachment
We're not long into the New Year, and already Amazon has jumped back into the public consciousness with their latest expansion plans.

From flying warehouses, or "airborne fulfilment centres", to plans to revive a famous US fashion label, there's quite a spread of headlines.

Amazon can't be knocked for their originality and, with the patent newly approved this week, we’re excited to see how quickly they can make their dream a reality.

Read more about Amazon’s exploits this week on Procurious.
Add a comment...

Post has attachment
Fast fashion at its worst is the embodiment of unsustainable supply chains and consumerism. So how can organisations combat its impact?

In the final part of Procurious' 2016 Rewind, we revisit the Big Ideas Summit 2016, to discover the True Cost of fast fashion supply chains in the developing world.

But help is at hand from journalist, and fast fashion expert, Lucy Siegle, who shares how individual consumers can help make a difference.
Add a comment...

Post has attachment
It's time for procurement to start focusing on the outcomes of its supplier engagement if it truly wants to drive value for its organisation.

From making suppliers want to work with them, to understanding the needs of the other party better, it will ultimately drive stronger relationships.

Chris Cliffe, Director at CJC Procurement, shared his thoughts on an outcome focus for procurement during 2016's Big Ideas Summit. Watch more here.
Add a comment...

Post has attachment
Threatened tariffs from one side, a "tit-for-tat" response from the other - could we be about to witness a trade war between the US and China?

Comments from the President-elect brought this possibility to the forefront last year, despite the importance of the relationship to both countries.

My Purchasing Center looks at the potential impact of this trade war on both global supply chains, and global organisations.
Add a comment...

Post has attachment
Given a choice between working for a small company and a large one, which would you choose?

A number of graduates starting out in their careers picture their ideal company as large, corporate, and with great offices. But what impact, if any, will this have on their personal success?

Emma Lambert, Resourcing Manager at Procurement Heads, shares her experiences and discusses the key differences between small and large organisations.
Add a comment...
Wait while more posts are being loaded