Posts

Showing posts from January, 2015

Just in time changes?

It is reported ( http://www.supplymanagement.com/news/2014/new-eu-procurement-rules-to-come-into-force-by-early-2015  ) that the government is moving to introduce the new EU procurement rules in early 2015. Whilst this is highly commendable it does raise the question of why introduce the new rules just ahead of the forthcoming purdah before the UK General Election?  With purdah starting on the 30th March 2015 surely this prevents any OJEU compliant procurement being completed prior to the start of purdah.  On a positive side it provides the opportunity for realistically six to eight weeks more time to become acquainted with the new rules before use after the election.

The three trends to watch for in procurement in 2015

Looking back at 2014 and the challenges that have been faced and overcome we look at what might be top of the agenda in 2015.   We look at three specific areas and assess their impact. Striving for value Deploying technology Strategy fulfilment As procurement professionals we have always sought value in our actions.   It’s important to understand that when we identify “value” we mean it in terms of both cost and outcomes.   We strive for the most financially beneficial deal, this is easy to judge, what is much harder is identifying the true value achieved in terms of outcomes.   Outcomes are not always immediate and to truly identify the value of outcomes we must track the benefits that have been achieved from the delivery of outcomes. Many companies look no further than standard IT and an isolated approach to procurement. Using e-procurement tools not only makes the processes easier to run and co-ordinate but it also provides clarity and the ability to maintain a cl

What are the big issues facing us in 2015?

There are 3 major issues for, at least half if not all of, 2015.   The first one will affect the second and both have the potential to impact the third. The price of oil The global economy, although specifically Europe, US and China. The UK General Election The continuing devaluation of the price of oil has already have significant detrimental impact for Russia and has the potential to severely threaten the economies of those countries dependent upon exports.   Whilst a lower oil price is good news for the consumer, with lower prices at the petrol pumps and lower costs for consumer goods; the impact on government finances, including the UK are significant.   A continued low price has not only the resultant effect that governments raise less revenue the deflationary effect could further worsen consumer confidence and the wider economy. Economies around the world are having mixed fortunes and the prospect for world trade faces a challenging time.   Russia, which pre