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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.
The start of 2017 looks set to be a tough period for small businesses. With increasing number of businesses being wound up, it appears the high street’s suffering is far from over. The past twelve months have been hard for small businesses, and it doesn’t look as though 2017 will offer much respite. Changing consumer … Continue reading Financial Troubles Spell Tough Times for Small Businesses →
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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.
Knowledge management is becoming critical for organisations as the current generation retires. So how can procurement leverage technology to ensure knowledge isn’t lost? Introducing Watson Supply Chain from IBM. Get to know Watson here. “Knowledge is power,” proclaimed Francis Bacon, the English philosopher whose advocacy of the scientific method fuelled the scientific revolution. Centuries later, Dale Carnegie, the … Continue reading What is the...
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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.
How do you sustain your focus on a goal that’s 10 years away? One Olympic legend shares her story – how will you apply it to your career? Australian Olympic legend Chloe Esposito trained 45 weeks a year for an incredible 10 years before the day she won gold in the Modern Pentathlon in Brazil. Chloe … Continue reading How to Hit a Target 10 Years Away – An Olympic Effort →
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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.
For our final 2016 rewind, we’re looking at the year’s top eLearning modules. How can sustainability help limit the true cost of supply chains? Fast fashion is the embodiment of unsustainable supply chains and consumerism. Why then does it still have such a following? And what can we as consumers do to change this. Well, … Continue reading 2016 Rewind – Best of eLearning – The True Cost of Supply Chains →
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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.
Comments made by President-elect Trump last year sparked talk of a trade war with China. But what impact will this have on supply chains? This article was originally published on My Purchasing Center. The Chinese government recently raised a “tit for tat” challenge to new U.S. President-Elect Donald J. Trump over a potential trade war … Continue reading Trade War Against China? A Supply Chain Perspective →
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Guided learning (or learning in a classroom) might feel like a thing of the past in the era of digital and eLearning.

But as Hugo Britt discovers, there's still scope for guided learning in the eLearning space when he takes part in ISM's 'Fundamentals of Purchasing' Guided Learning course.

Join Hugo as he starts out on the yellow brick road, in search of knowledge and development, and finds that it's just as effective when learning from distance.
We’re at the beginning of the yellow brick road, folks. This course is the foundation of all ISM’s educational offerings. Time zones can make things difficult. When I first signed up for ISM’s Fundamentals of Purchasing Guided Learning, I was resigned to the fact that I’d probably need to get up in the middle of … Continue reading Following the eISM Yellow Brick Road – A Guide to Guided Learning →
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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...
Need a different solution to help stop maverick spend in your procurement organisation? Why not hug a maverick? At the Big Ideas Summit 2016, we challenged our thought leaders to share their Big Ideas for the future of procurement. From ideas that have the potential to change the very nature of the procurement profession, to … Continue reading Big Ideas Summit 2016: Big Idea #29 – Hug a Maverick →
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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.
Running a panel tender for law firm services can be challenging and time-consuming. So what can procurement do to ensure they tick the right boxes? A panel tender process can be long and arduous for all parties involved. A recent survey said 42 per cent of law firm respondents spend over 15 hours on each tender, with … Continue reading 6 Top Tips for Running a Successful Law Firm Panel Process →
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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.
No sooner had 2017 started than Amazon appeared in the news in a big way. From flying warehouses, to buyouts of fashion chains, no-one dominates the headlines quite like the online giant. Disruption. It was a buzzword of 2016, and even if the word is falling out of favour, the activity looks set to continue this … Continue reading Flying Warehouses & Fashion Buyouts – Amazon Dominates Headlines →
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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.
Procurement needs to focus on the outcome, the why, of every conversation it has with suppliers and stakeholders. At the Big Ideas Summit 2016, we challenged our thought leaders to share their Big Ideas for the future of procurement. From ideas that have the potential to change the very nature of the procurement profession, to … Continue reading Big Ideas Summit 2016: Big Idea #28 – Outcome Focused Engagements →
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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.
Many graduates embarking on the world of work think their ideal company is a large, corporate company, with great offices. But is this the best route to fast track success? Many of us have experienced working for large organisations and been given the opportunity to change positions multiple times within that same business. Larger organisations tend … Continue reading What Does Your Ideal Company Look Like? →
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There's no avoiding social media in procurement, so every professional should be working out how to turn it to their advantage.

From creating a stronger personal brand to working on your professional development, social media has the power to drive your career on.

Tania Seary, social media expert and Founder of Procurious, shares her tips for making social media your daily habit.
Still not sure about giving a tweet? Procurement professionals and executives need to be on the social media front line – and here’s why. This article was first published on taniaseary.com. Will I ever get on top of social media? Slack is the latest team collaboration tool that my 25-year-old whiz kids are pushing me … Continue reading Throwback Thursday – Who Gives a Tweet? Social Media for Procurement Executives →
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The online business network for the next generation of procurement professionals
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A global, online community for young, ambitious procurement and business professionals.

Join the Procurious network and access the latest news and advice; build your personal brand and advance your career; develop your skills through online training; contribute to relevant discussions and expand your network to truly global proportions. 

Procurious – Get involved. Get ahead.