Procurement news in the UK | Page 2

An overview of news, trends and research in Procurement consulting in the UK:

Indirect procurement a key lever for private equity value creation Indirect procurement could be the value-creating talisman for private equity firms in an uncertain economy – capable of saving up to $25 million for a $1 billion revenue portfolio company.
17 March 2021
Why data and strategic procurement are key for digital banking As the UK emerges from the latest lockdown, what does reality look like for today’s banks? In short, the answer is – a challenging one, writes Toby Munyard, Vice President at Efficio Consulting.
09 March 2021
Four emerging trends in procurement and spend technologies The role of procurement is changing fast in today’s ‘new normal’ induced by the Covid-19 pandemic.
17 February 2021
Levene Consulting adds Promena to procurement offering Levene Consulting has agreed a new partnership with ZER. The deal will allow the Turkish conglomerate to bring its Promena procurement solution to the UK market.
10 February 2021
Three post-Brexit opportunities for procurement and supply chains The Brexit debate is over with the UK and EU finally agreeing on the trade and cooperation terms after Brexit.
20 January 2021
‘Procurement can drive cost savings and value in private equity’ Jeremy Smith, a Managing Partner and Head of Private Equity at consulting firm 4C Associates, shares how procurement can help the private equity sector deliver cost savings and add value.
28 October 2020
Cost optimisation is key to sustainable EBITDA improvement Companies across the world have been buffeted by the impact of Covid-19. This has resulted in many businesses facing tough decisions and the need to cut costs.
13 October 2020
Jewson's procurement team wins CIPS excellence award Jewson, part of the Saint-Gobain Group, has been lauded by the Chartered Institute of Procurement & Supply (CIPS) for the excellence demonstrated during a project that transformed its procurement fun
01 October 2020
Why every CFO should be focused on procurement spend Gareth Evans, the CEO of procurement consultancy Proxima, reflects on why every CFO should be focused on their supplier spend. The last few months have been extraordinarily tough for businesses.
26 August 2020
Five ways procurement must evolve in the post-Covid world According to procurement expert Jeremy Smith, the world has changed drastically over the course of the Covid-19 pandemic, and so the industry must evolve to meet a diversity of new requirements.
14 July 2020
More collaboration benefits finance and procurement functions New research from Proxima finds that enhanced collaboration between finance and procurement departments can unlock a range of benefits.
28 May 2020
Manual contract processing costs UK businesses £10 million a year A survey of senior staff has found that manual contract processing and poor contract management is costing companies as much as £10 million in inefficiencies every year.
05 November 2019
AI can enhance procurement function of consulting firms The rise of artificial intelligence (AI) is initiating a plethora of opportunities across industries.
21 October 2019
5 ways procurement can beef up value in the food service sector With the objective of improving profitability, operators in the food service sector often deploy strategies to expand and grow market share.
07 August 2019
GSCOP training can benefit compliance in the grocery sector The Grocery Supply Code of Practice or GSCOP has been around in its current guise since the second inquiry into the supermarkets by the then Competition Commission in 2007 / 2008.
03 July 2019
Better procurement can help businesses improve relations with 3PLs A growing number of UK businesses are making use of third-party logistics providers (3PLs).
04 June 2019
Consultants participate in inaugural World Procurement Congress Hundreds of procurement thought leaders have gathered in London for a three day event exploring the future of the industry.
04 June 2019
4C Associates becomes approved GSCOP training provider Procurement consultancy 4C Associates has been approved as a Failure to supply Grocery Supply Code of Practice training to the UK grocery trade.
21 May 2019
4C Associates launches procurement and cost management solution European procurement consultancy 4C Associates has launched a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues.
16 November 2018
4C Associates boosts procurement services with Scanmarket partnership London-based procurement consultancy 4C Associates has announced a partnership with Scanmarket, one of the world’s premier providers of software solutions for sourcing.
27 August 2018
Threat of trade war hits global procurement industry With a growing level of concern expressed by experts at a potential global trade war, a new research paper has warned that the procurement industry is facing a coming storm in coming years.
21 June 2018
2018 edition of Procurement Trends study launched for participants Consulting firm Supply Value has launched the survey for its annual ‘Procurement Trends’ research.
12 October 2017
Best Value approach: lessons learned & success factors from Norway The Best Value approach has seen its adoption increase rapidly in Norway – the country currently has ten pilot projects in various phases leveraging the methodology.
31 August 2017
Procurement functions needs to evolve to match changing needs The majority of procurement models are failing to add significant value to businesses, according to research by Ayming among C-level executives across Europe reveals.
30 August 2017
Deloitte Consulting helps Lenovo with global procurement transformation Lenovo has successfully completed a major revamp of the technology backbone of its global procurement function.
10 July 2017
Inventory optimisation is key for improved cash conversion cycle There are large differences in the working capital performance of Dutch manufacturing companies, according to a new benchmark.
22 June 2017
Ayming, Efficio and EY shortlisted for CIPS Supply Management Awards The Chartered Institute of Procurement & Supply (CIPS) have announced the shortlist for the 2017 Supply Management Awards, with three consulting groups making the cut.
19 June 2017
Procurement executives continue to focus on cost cutting and talent Procurement executives are predominantly focused on cost reduction, managing risks and new product/market development, finds a new study.
27 February 2017
A nine-step approach for successful strategic IT sourcing The sourcing of IT systems and services is a time consuming and complicated process which typically commences up to 18 months before the end of existing contract arrangements.
20 February 2017
Thames Water announces professional services framework lot winners Thames Water has appointed a number of professional services firms, including Mott MacDonald, Arcadis and Ricardo Energy & Environment, to its professional services framework.
03 February 2017
Large UK companies sitting on £244 billion in working capital Improving economic conditions across the UK for businesses, as well as keen focus on improving working capital efficiencies, has seen total cash on hand rise by 14% since 2010 – now totalling £244 billion.
13 October 2016
Overview of the implementation process for an e-Procurement solution Ramon Abbenhuis and Willem Blom, consultants at Supply Value, provide an overview of the steps required for implementing an e-Procurement solution.
12 October 2016

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