The Blog of Procuright
Indirect Procurement, Indirect Category Management & General Business Management
Featuring actionable hints, tips, strategies, case studies and guides for UK SMEs, corporates and charities.
The End-to-End Procurement Process in 2020
The procurement process varies significantly depending on the category and also the desired outcome for the business and various departmental objectives however.............
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Procurement Management in 2020
In theory, the procurement management process includes justifying, sourcing of goods and services, ordering/ procuring, inspection and reconciliation...................
Read the restCreating Value Through Procurement Outsourcing in 2020
Each stage of the procurement cycle involves multiple stakeholders, variable processes, various departmental goals and objectives and copious amounts of administration..............
Read the rest10 Ways to Manage Business Energy Consumption in 2020
1. Have a policy of switching lights off in empty rooms or invest in motion sensor lighting for corridors and washrooms etc. This alone can save you up to 15%..............
Read the rest5000? 4000? We Explain Volumetric Weight
As a general rule, the cost of sending a parcel will be affected by which is the greater weight between the actual weight and the volumetric weight.......
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Procurement Outsourcing in 2020
With the rationale to outsource non-core services increasingly compelling, many organisations are finding that strategic, well-managed indirect procurement outsourcing is................
Read the restGot my Costs Down, Now What? 9 Tips to Success
You've run a successful business for some time now; you run a tight ship and reduced your main costs as much as possible, all's good isn't it?.............
Read the rest4 Value Added KPIs to Measure Procurement and your Supply Chain in 2020
One of the key trends in 2019, within procurement, was KPIs (Key Performance Indicators) and how we, as a profession, go about measuring outcomes as we........................
Read the restProcurement Outsourcing and Our Supplier Consideration Check List in 2020
With a growing list of supplier considerations, within the procurement process, the benefits behind procurement outsourcing are becoming more compelling for UK corporates, the third sector and public sector in 2020...........
Read the rest2020 Procurement and Spend Management To Do List for Businesses
Having a comprehensive procurement and spend management plan is fundamental to achieving both your businesses core aims and values as well as achieving financial goals. This is our To Do list, to kick start your 2020...........
Read the rest12 bombshells from Deloitte's Global Chief Procurement Officer Survey
Savings can be achieved in numerous ways. Regardless of "cost saving" receiving negative coverage from procurement commentators, the fact remains that "savings" is a Procurement KPI that's here to stay.......
Read the rest5 Cost Saving Ideas for Companies - Regardless of your stage of development or sector
In today's climate SMEs have to keep a firm eye on their costs as well as chasing growth. But forget about finding one single direct cost and consider these 5 areas instead, where every business can cut costs............
Read the rest15 Tips for Growing UK Small Business Exports
It's estimated that businesses are 11% more likely to survive if they export. UK SMEs are in control of their own destiny and our 15 Tips for Growing Exports can be used as a starting point to develop your own export journey..........
Read the rest15 Business Cost Saving Ideas; Even if You're Doing Well
15 of the best Business Cost Saving Ideas for UK companies and charities because ultimately, it's a good idea to explore ways to reduce business costs, no matter how well you're doing.....................
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The robots are coming. Except this time, they really are! Part 1
AI, RPA and machine learning is getting ever closer. White-collar workers have seen automation swoop in on blue collar jobs. And it could now be coming to a procurement function near you...............
Read the restThe robots are coming. Except this time, they really are! Part 2
Part 2 of our look into AI, robotic process automation (RPA) and machine learning within procurement. If human judgement is required will AI/ RPA ever be able to replicate success without presenting the bias or prejudice of the programmer............
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11 Benefits to Streamlining your Procurement and Processes
More often than not businesses are resigned to the fact that they deal with a huge number of suppliers. However, consolidating suppliers (and their invoices) can be extremely beneficial to organisations across numerous business locations and sites.................
Read the rest6 Tips for Understanding Business Energy Bills
Running a business or department means having different tasks competing for your time. Scrutinising your energy bills probably never makes it to the top of that list, yet spending a few minutes taking a look at your bills can really pay off................
Read the restProcurement Outsourcing for the Win and 5 Big Benefits for UK Businesses
Whether your company is listed in the top 100 or not, there are steps your company can take to improve your financial outlook, including the management of indirect spend. Procurement outsourcing is becoming more popular as a tool to tackle this.............
Read the restThat Moment When Technology Ruins Supplier Relationship Management (Part 1)
Part 1 of our look at technology slowing departments down and ruining Supplier Relationship Management in many UK organisations. Our blog will lead you to the full article, which features on Spend Matters UK and Europe............
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That Moment When Technology Ruins Supplier Relationship Management (Part 2)
Part 2 of our look at technology slowing departments down and ruining Supplier Relationship Management in many UK organisations. Our blog will lead you to the full article, which features on Spend Matters UK and Europe...........
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10 Top tips for better procurement and cost reduction - Third Sector
Many organisations have cut activities, made redundancies or even closed altogether since the economic downturn of 2008, which had an effect on both businesses and charities.............
Read the restHow's your charitable donation being spent? The 5 main problems
Aside from the cuts in grants/ funding from local and central Government and increased competition for donations, charities are facing challengers and problems that are resulting in................
Read the restGreen Energy for Businesses & Charities and Our 3 Tips Following the Switch
In the UK you currently have two options for business green energy; generate it yourself or buy your energy in the same way you do now but on a Green Tariff. Embracing green energy brings many benefits to businesses.............
Read the restWater Water Everywhere; Business Water and our 7 Savings Tips
Water deregulation in the UK has been initiated to remove barriers to competition and open up the water retail market for non-domestic customers. This means that organisations in England...............
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8 Top Tips to Drive Efficiency Through Energy & Carbon Reduction
Business owners and decision makers within energy procurement need to start adopting energy efficiency measures as it'll be a great way to influence the price that you pay for your energy supply..........
Read the rest6 Tips to Ensure Strategic Outsourcing isn't Risky Cost Cutting
As a business, you can always cut costs by finding something cheaper. But that's not necessarily the ethos behind cost reduction. Just ask British Airways after their IT failures in May 2017.................
Read the rest14 Fuel Saving Tips for your Business Fleet from Procuright
It's simple: saving fuel ultimately saves you and your business money. We've compiled our top 14 fuel saving tips to help you save. By following these tips you could realise savings of up to ..................
Read the restCreating a Role Vs Outsourcing for Better Procurement in Business
Procurement isn't just large organisations (think NHS) spending millions of pounds on thousands of suppliers as there comes a point within every business whereby they need to start thinking about................
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7 Business Energy Procurement Tips and Tricks as a Guide
It's likely that your energy billing will rise during winter months. Demand is of course greater, which drives up the associated cost. But it's not all down to you using more electric and gas...................
Read the rest3 Tips for Decrypting the Business Energy (Gas & Electricity) Bill
A typical business energy bill can be a minefield of jargon and unclear terms and conditions. With Government legislations such as ESOS and P272 being.............
Read the restESOS (Energy Savings Opportunity Scheme) audits; What Next?
It has become very clear over the last few months that some UK businesses are sitting on millions of pounds worth of Energy Cost Saving that is simply.......................
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Service and Sector Focus: Care Homes in the United Kingdom and Insurance
With an aging population comes increased care needs, but of course there is a whole host of other care home establishments too including, hospices, nursing homes...........
Read the restWhat Can UK Businesses Learn About Spend Management From Martin Brundle?
A look at Martin Brundle's feature into the costs and cost management issues within F1. And why ultimately, if the costs aren't managed more effectively, it could all come tumbling down. Just like millions of businesses...........
Read the rest10 tips and the Ultimate Guide on Brilliant Time Management in 2020
As business owners we all would like more time in the day not only to focus on the success of our business but also time with our friends and family. Soon enough, everyone realises that time is one of the most precious commodities............
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What we've learned in 2016 for better procurement in 2020
If someone had categorically stated on the 1st January 2016 that Leicester City would be Premier League Champions in 5 months, that the UK will vote to leave the European Union in 6 months and that in 11 months time the citizens of the US will vote Donald Trump into the White House ....................
Read the restWhen to Call in an Expert (Our 4 Top Tips and Comprehensive Advice)
All companies come into being to fulfil one purpose, generate the maximum amount of profit in the most efficient way possible. The majority of business owners........
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