Category Archives: Procurious News

Where Are Procurement’s Blind Spots?

Watch the Procurious Big Ideas Panel Discussion on Procurement’s Blind Spots.

In the second of the panel discussions from the Big Ideas Summit, Tim Hughes, Olinga Ta’eed, Chris Lynch, Giles Breault, Nic Walden, Jason Busch and Lance Younger commented on the risks the profession will face in the coming years.

Watch a sample below

With hot topics like social value, procurement transformation, procurement moving away from Finance and leveraging external innovation, the conversation got a little heated… But suffice to say this is one discussion you don’t want to miss out on!

Procurious members can view the full panel discussion here. Not a member yet? Register for free.

Top Tips For Using Procurious

Looking to make more of an impact on the Procurious network? Eyes down for a handy set of tips to help you make the most out of our community.

So if you’ve ever caught yourself asking “How do I…?” Read on for our top Procurious tips.

How to use Procurious

How to join using Facebook, Twitter or LinkedIn

We’ve now opened registrations to Facebook and Twitter (previously we only supported LinkedIn). Just head to the sign-up page to use your preferred method.

How to add a profile picture

Procurious is a place to share your knowledge, grow your network, learn from your peers and make meaningful connections. Surprisingly enough, one of the easiest ways to do this is by adding a picture to your profile. Learn how.

How to complete your Procurious profile

Nobody likes to leave a job half-done… This also rings true on Procurious where profiles are sometimes being left incomplete.
Do it now
.

How to grow your network and invite people

Whether it be inviting people using the ‘Build your network’ tool, LinkedIn, or personalised email link – you’ll be expanding your Procurious network in next to no time. Get building.

How to choose which updates you see

Procurious provides you with a choice of viewing modes; choose to view updates from the ‘Whole Network’ or ‘My Network’. Make a decision.

How to add a question on the  Discussions page

The ‘Discussions’ area on Procurious is buzzing with inquisitive minds. Go ahead and ask the community! Riddle me this.

How to learn a new skill

Procurious isn’t just a place to network – you can delve into our learning resources and teach yourself a thing or two in the process. We offer both free and paid learning materials, take a look.

How to tag Procurious members in your status and posts

You’re probably already familiar with tagging from using it on the likes of Facebook and LinkedIn… Well here’s how to use tags on Procurious. See how.

How to add additional email addresses to your Procurious account

Signing-up to Procurious to grow your professional network is all well and good, but what happens when you change your contact details, land a new role, or leave a company? Find out how.

How to RSVP to an Event

Our Events page contains both upcoming and past engagements. Here you’ll find essential info like the programme, speakers, fee, and other Procurious members who might be thinking of attending. Get your diary in order.

How to post your own Event

We’ve now made it possible for any Procurious member to post their own Event and have it displayed in our Event listings. Go here to start telling the world!

How to start your own Group on Procurious

Anybody can create their own Group on Procurious (provided it doesn’t exist already!) Groups are the ideal place for people to gather and share around a core interest. See how.

How to use Procurious on your smartphone or tablet

If you’re just visiting Procurious via your PC, laptop, or Mac, you’re missing out… Discover how to go mobile.

How to subscribe to the latest procurement and supply chain news

We want to make Procurious part of your daily online routine, so we’ve added a curated ‘News’ service . Get your daily news fix.

How to control your email notifications

If you’ve found that you’re receiving too many email notifications from Procurious (invitations, messages etc.) then follow these steps to curb the flow.

How to change your Procurious privacy settings

You can choose which details you want made available to other Procurious members on your ‘Settings’ page. This includes everything from personal details to your accounts on other social networks. Choose now.

How to find all of the Big Ideas Summit videos

We’ve collated all of our videos from the Big Ideas Summit in one place. So whether you’re after the keynotes, panel sessions or individual ‘Big Ideas’ just head here.

How to delete your Procurious account

We hope you find Procurious useful, but all good things inevitably come to an end. If you really want to leave then please send us an email – you can reach us at [email protected].

For more tips and tricks check out our expanded Frequently Asked Questions page.

Greek Debt Crisis: What Impact Will UK Supply Chains Feel From A ‘Grexit’?

After months of  fruitless negotiations, Greece stands less than 24 hours away from defaulting on its debt repayment to the IMF.

Greek banking crisis

With reports stating that Greece’s government is running out of money, announcements that banks will be closed all week and billions withdrawn from the banks by Greeks in the past few weeks, it seems virtually impossible that the country will find the €1.5bn ($1.7bn) that it owes.

Grexit – Yes or No?

A referendum is to be held on the 5th of July in Greece to establish public support or rejection for the IMF’s latest deal offer. But, should the Greek public reject the deal, it seems increasingly likely it will signal this first exit by a country from both the Euro and the Eurozone.

With the default and huge financial impact on Greece’s own economy, many analysts believe this will also lead to Greece’s exit from the Euro – but what impact will this have on businesses and supply chains around Europe?

UK Exports and Business

The UK exported approximately £2.82bn worth of goods and services to Greece in 2013, with figures estimated to be the same for 2014. This only represents 1.2 per cent of UK exports in Europe and places Greece in 37th for UK global exports.

The UK’s main export to Greece is pharmaceutical products, with GlaxoSmithKline and AstraZeneca two of the largest exporters. Other organisations such as Marks and Spencer, Dixons Carphone, Vodafone and Unilever all have major operations in Greece.

Vodafone, who acquired a controlling stake in Hellas Online, a broadband and fixed line provider in Greece, see around 2 per cent of overall revenues from Greece. The company risks exposure, but has publicly committed to the market and customers in Greece

Most organisations have kept details of any contingency plans in the event of the ‘Grexit’, although Dixons Carphone has revealed they have a ‘detailed plan’, without revealing whether or not they would be pulling out of the market.

There are also worries that continuing difficulties for Greece could have a major impact on UK food and drink exports. Experts believe that UK organisations would be left with a choice of dropping prices to remain competitive, or keeping them high and risking a loss of business.

Impact in the Eurozone

While the loss of business to the Greek economy will probably be covered by the organisations in question, this knock-on effect across the rest of the Eurozone is seen as the key issue. The Eurozone is the UK’s single biggest trading partner, with an additional £55bn held in trusts investing in Europe.

However, with the European Central Bank (ECB) putting approximately €60bn (£43bn) per month into the Greek economy through a quantitative easing programme, the overall impact might be limited to a slide in share prices.

Outside of the UK, there are similar concerns for organisations, with high potential impacts to the German shipping industry through lower freight demand and rates and financial impacts to banks in Germany and France (as well as the USA).

Whatever happens, the next fortnight will be pivotal for both the Euro and the Eurozone and the impacts may be wider reaching than many expect.

Are you a procurement or supply chain professional in Greece? What impact are you seeing in your role? We’d love to hear your side of the story, so get in touch with Procurious today.

Meanwhile, here are the other key headlines from the procurement world this week.

Unilever to crowdsource solutions to global sustainability challenges

  • Unilever has announced plans for a major new online crowdsourcing platform, dubbed Foundry IDEAS, which aims to get customers involved in its efforts to combat environmental and social problems.
  • The multinational consumer goods giant is to run the platform through its Unilever Foundry innovation initiative and will invite people to share their solutions to a range of ‘grand challenges’, such as climate change.
  • The project is designed to help speed up the delivery of the company’s Sustainable Living Plan, which was first launched in 2010 and aims to halve the environmental impact of its products, as well as improve the health, wellbeing and livelihoods of people across the world, by 2020.
  • The first of the initiative’s ‘grand challenges’ will ask people to present their ideas to combat issues relating to sanitation, hygiene and nutrition. The best proposed solutions may be piloted and implemented, while one-on-one mentoring will be offered to companies or organisations coming forward with viable proposals.
  • Unilever has already made significant strides towards reducing its carbon footprint in recent years, having reached its million tonnes saved milestone earlier this year thanks to a wide range of renewable energy and energy efficiency projects, including a recent programme to use waste materials from the production of Marmite and Flora to generate low-carbon energy.

Read more at Business Green

 

Food supply chain needs protection in Calais crisis

  • Food manufacturers should protect their supply chains from the “warzone” created by the strike action and illegal migrant crisis unfolding at the port of Calais, warns a leading risk management consultant.
  • Queuing lorries and cars ran the gauntlet of hundreds of illegal migrants, as they strove to board vehicles bound for Britain. The migrants sought to take advantage of disruption at the port caused by striking French ferry officials.
  • The chaotic scenes at the port – described by one driver as being like a “warzone” – underlined the need for planning, said risk consultancy firm Aon Risk Solutions. “These events have highlighted a genuine need for scenario planning,” said its head of business continuity practice Vince West.
  • “While it is unlikely businesses can negate the entire impact of that type of event, arrangements on shipping, contractual protections and flexible commercial relationships with hauliers can be the difference between a bottleneck causing asphyxia [to a food manufacturing business] or allowing your company to breathe easy.” Strike action was one of the most “singularly uninsurable perils” and is excluded on most insurance policies, Vince added.
  • “With memories still fresh of French truckers blockading motorways on both sides of the English Channel in 1997 and 2002, the potential for distribution to come to a standstill is real.” Capacity can quickly become exhausted when there are few alternative freighting options. Some manufacturers in markets, such as electronics, have switched to air freight, but, for many businesses the costs are prohibitive, he said.

Read more at Food Manufacture

Zambia adopts e-procurement system to curb corruption

  • Zambia has joined the growing list of countries in Africa that are adopting electronic procurement systems in an effort to curb rampant corruption in bidding for public contracts, especially in the telecom and construction sectors.
  • Kenya was the first country in Africa to implement an automated, end-to-end procurement and payment system in an attempt to enhance transparency, accountability and fairness.
  • The World Bank, a major funder of telecom and construction projects in Africa, is providing financial and technical support for e-procurement initiatives in several African countries including Zimbabwe, Nigeria, Mauritius, Cameroon, Uganda and now, Zambia.
  • Zambia and Kenya have recently been forced to cancel telecom tenders worth millions of dollar because of corruption in the manner in which senior government officials awarded contracts to suppliers. The central problem is that government officials take kickbacks from vendors to award contracts and inflate project costs.
  • Zambia Public Procurement Authority (ZPPA) Director General Chibelushi Musongole said the country’s e-procurement system will reduce malpractice and improve efficiency in monitoring bids and contracts. Interested bidders, Musongole said, will be able to submit their offers from anywhere in the world through the ZPPA website. Bidders will have automated compliance validation during bid submissions.

Read more on PC Advisor

Healthcare Supply Chain Transparency May Save Billions in Waste

  • Steve Kiewiet, Vice President of Supply Chain Operations at BJC HealthCare, spoke withRevCycleIntelligence.com to provide an expert overview of the current state of healthcare supply chain and its greater implications on revenue cycle.
  • Steve commented the healthcare supply chain industry is currently not at the same level as many other industries in terms of efficiency, collaboration, transparency, and connections. “We have a lot of ground to cover to make the changes necessary to live in the new healthcare economy growing out of healthcare reform and the Affordable Care Act.”
  • To help cover more ground, Steve says the healthcare supply chain must focus on end-to-end visibility. Supply manufacturers are disciplined in their supply chain efficiency as raw materials progress towards finished goods. However, once a finished good is produced, “from that point up until it’s used for a patient, we haven’t focused on efficient tracking like we need to,” he explains.
  • “Due to vertical internal structures, supplies and supply data historically have been siloed and firewalled so that information important for efficient business operations is fragmented. We end up spending billions of dollars of inventory within these various silos because we live in a world where you can never run out of anything ever, in the interest of what is best for the patient.”

Read more at RevCycle Intelligence

And Finally, Take Part in Social Media in Procurement Survey

  • Social media is everywhere in the 21st century, with customers and companies using it to communicate, share ideas, seek for information, build brand images or sell products.
  • The importance of developing, managing and maintaining business networks is, next to other tasks, seen as a key task for procurement, but the use of public social networks for work (and not for private reasons) is rarely researched.
  • This study, by Maastricht University, aims tries to analyse two concepts related to social media – how does social media use at work affect a procurement professional’s performance and why some managers are using social media for work in procurement intensively and others not.
  • The results of the survey could open up some interesting areas of research into the use of social media across procurement and how professionals can leverage and benefit from its use.

Read more and take the survey here

What Does It Mean To Be An Authentic Leader?

Watch the Procurious Big Ideas Panel Discussion on Authentic Leadership

In the first of the panel discussions from the Big Ideas Summit, Sigi Osagie, Sarah Trota, Helen Mackenzie and Andrew MacAskill discuss what it means to be an authentic leader in procurement.

Watch a sample below

From the power of public sector procurement and the figure of the leader clearing the path through the procurement jungle, to the brand of the profession and setting the belief, the discussion created some fascinating points.

Procurious members can view the full panel discussion here. Not a member yet? Register for free.

How to get the most out of Procurious Groups

Procurious Groups are where it’s at

How to use Procurious Groups

When we quietly granted Procurious members the power to create their own Groups back in January we didn’t expect the reaction we received…

Suffice to say Groups have proved a popular addition to the site, so it’s only appropriate for us to cover them off in more detail.

Groups are the perfect haven for hanging out with likeminded professionals – each have been created around a core theme, so the key here is to join the ones that take your fancy.

In the blink of an eye one of our earliest (and vocal) supporters, Sergio Giordano – took it upon himself to set up The Italian Procurement Professional Community, before others caught on and followed. Sergio’s little piece of Italy is now almost 100 members strong.

When asked, Sergio had the following words for the Procurious community: “Italian professionals are beginning to understand that to achieve reputation you must first demonstrate your competence by helping colleagues and proving to be an expert in a specific field… However I think that the first interest in joining  the group is the uniqueness of Procurious: we all felt a great need of a specialistic network like yours or, let me say… like ours.” Sergio has brilliantly encapsulated the ethos of what Procurious is about, and we hope [that in time] all members will think of the network as theirs.

It’s easy as pie to join a Group. Just navigate to the ‘Groups’ page by following the link (it’s nestled between the Discussions and Blog items), and choose a Group from the list that takes your fancy. Depending on the membership options set by the Group owner you may have to wait a short while for them to approve your request to join.

Once you’ve pledged allegiance to a Group (or Groups) what’s next?

Think of a Group like a specialised Community Feed (but with useful extras). Dig into the Group page and you’ll see tabs for ‘Activity’, ‘Members’, ‘Documents’ (and if you’re an Admin, ‘Member Requests’).

The default view is that of the Feed – here you’ll be able to see posts by the Group’s other members, be they text or image-based. You can also insert URLs, but you won’t be able to tag other Procurious members in your updates.

The ‘Members’ tab is where you’ll be able to see who else has joined the Group. If they’re not yet part of your personal network you can send them an invitation to connect here.

‘Documents’ is slightly misleading as you can happily add any file with the following file-type:  jpg, jpeg, png, gif, pdf, doc, docx, xls, xlsx, ppt, or pptx. There’s also a maximum file size of 20MB so keep your PowerPoint presentations to a reasonable length! All we ask is that you use your common sense and don’t share material of a sensitive or confidential nature. Group Admins have the power to delete any file(s) they deem not in-keeping with the Group’s interests.

If privacy settings allow, Group members are also free to invite other Procurious members to join the Group. Suffice to say only send invites to people in your network you think will be interested, you don’t want to accused of spamming anyone!

Some Groups you might have missed

CIPS
CIPS (Chartered Institute of Procurement and Supply) have found an official home on Procurious. Join this Group to keep abreast of official news, content and ideas straight from the Institute. Visit the Group

FAPPE
We were first made aware of the excellent work FAPPE (Faster Adoption of Public E-Procurement in Europe) were doing during Procurement Week in Cardiff earlier this year. We suggest you join to discover more. Visit the Group

Portuguese Procurement Community
Procurement is taking off in Portugal! This is an opportunity to share insights and opportunities with other members within the region. Visit the Group

UK and Europe Public Procurement
Work in the UK or Europe and interested in all things Public Procurement? We have just the Group for you! Visit the Group

Procurement in Asia Pacific
Proving that regional Groups are popular, this Group is for procurement professionals to openly discuss and explore Procurement and supply chain issues in the Asia Pacific region. Visit the Group

Global Sourcing
John Zhang describes this newly created Group as a platform to discuss global sourcing challenges and opportunities mainly in emerging markets. Visit the Group

Irish Procurement Professionals Forum
This Group has sprung up in the last few days and we’re eager to help Ross grow it. So if you do business in Ireland there’s no excuse not to join. Visit the Group

Why create?

Whether you’re thinking of running a Group for a series of events, or maybe you want to fly the Procurement flag for your country – there are many good reasons to carve out your own little slice of Procurious.

To start a Group of your own just click the green ‘Create Group’ button on the Groups homepage.

More details can be found here: Want to start your own Group on Procurious?

Want us to write about your Group?

Drop us a note and tell us in 150 words why your Group deserves the attention.

Sarah Trota: How People Create Alchemy In Organisations

‘The relationship between Human Resources and Procurement is closer than people think…’

Watch our sixth Big Ideas Summit keynote (part 1 of 4)

Watch Sarah’s keynote in FULL here

Sarah Trota, founder of sarahtrotaalchemy and Personnel Today HR Director of the Year 2013, discusses her own model for how to create ‘alchemy’ within organisations. The focus of the idea is on properly engaging with employees, ensuring they are satisfied and as a result, producing better outcomes for the business.

Procurious members can find Sarah’s full keynote here. Not a member yet? Register for free.