The Brexit Storm
The CIPS surveys, in which the procurement community contributed their views to a number of questions relating to suppliers in the UK or the EU, concerns about custom delays and suppliers raising their prices, had UK national newspapers clamouring for the latest insights.
The CIPS survey results appeared in the Financial Times, The Mail on Sunday, The Guardian, The Independent, the Times, BBC News and CNN Money, were read by the Bank of England and the UK Government, who invited Group Director Duncan Brock to appear at a House of Commons committee. There will be two more surveys in 2018, along with launches and webinars as momentum gathers pace. Supply chains are the lifeblood of business and the economy, and journalists are realising that procurement can make or break success in the Brexit challenge.
Eradicating slavery in supply chains
Following the work CIPS did before the launch of the UK’s 2015 Modern Slavery Act, we wanted to know what had changed, what businesses over the threshold of £36 million were doing about their compulsory statement and whether smaller companies were also contributing to the change in supply chains. Another survey found that one in three businesses were flouting slavery legislation – and getting away with it. The story was covered by The Daily Mirror, BBC News, The Independent, and CIPS was interviewed on BBC 5 Live.
The Purchasing Managers’ Indices
The views of CIPS and the procurement community continued to grab UK national headlines and around the world throughout the year. CIPS and the procurement ‘voice’ appeared regularly throughout the year in The Times, The Guardian, The Independent, BBC News, Sky News, The Financial Times and The Daily Telegraph, and many, many more. The indices are used by the Bank of England as one of the datasets about the UK economy, and the CIPS view in construction, manufacturing and services is highly regarded. Read more on the latest news developments on the CIPS website.
CIPS also appeared in many trade publications talking about good procurement practice, risk, resilience and digital supply chains, from Manufacturing Management, Risk Magazine to Marine Trader and Energy, with many of those views developed with your help. We use our LinkedIn groups to ask important questions, and the view of our sectoral member groups from the charity group to energy and water so please join our groups, offer your insight and help us develop more press coverage and interest. If you would like to join the PMI panels please email us at firstname.lastname@example.org
We close this year’s calendar of events with another sold out dinner at The Oriental Club with over 60 of our colleagues enjoying great food and company to the background of the Orient.
Highlights this year have included two fantastic wine tasting events thanks to amazing sponsorship by Applegate and ChainIq, where the volume of conversation in the room was proof of the great networking being done. The events are not all about the networking though, and many provide the opportunity to update our knowledge on current topics plus learn something new from amazing speakers. In May, the trip to the National Synchrotron to see the Diamond Light Source, a giant microscope, which harnesses the power of electrons was declared fascinating by all those that attended. From insights into hostage negotiation through to the celebration of International Women’s Day and learning about Modern Day Slavery, all these events would not be possible without our incredible Committee who volunteer their time and our generous sponsors who host us in their amazing venues.
Next year’s calendar is already in the planning with trips to The Royal Mint, Estee Lauder and the Tower of London. One date already in the diary is a summer BBQ at the beautiful Royal Holloway University on 26 July 2018 so make sure you save the date.
Procurement Salary Guide and Insights Report 2018 ... record responses to our survey
Now in its fourth year, the annual survey we carry out in conjunction with Hays to produce this report received yet another great response, with almost 4,000 of you contributing your insights. Responses from Asia Pacific were up by 20% on last year and we also saw an upturn in MENA. This year we are reporting on South Africa separately to Southern Africa making the total number of reports we will release in 2018 five.
On initial analysis of the survey we can reveal a couple of highlights: that those with MCIPS and FCIPS still command a higher salary; and that once again salaries overall have risen by a much higher percentage than the national average. Both of these findings are encouraging for those thinking of entering the profession. However, disturbingly the differential between male and female salaries continues to rise even with the new legislation in place.
Last year the number of downloads increased from the previous year with the total for the two years being over 10,000. The 2018 results will be available in May.
New partnerships have seen CIPS provide even more services in even more countries
In certain countries, CIPS delivers corporate services such as Skills Gap Analysis, Tailored Skills Training and Corporate Award applied learning programmes through local Country Partners. This year we have been fortunate to partner with procurement specialists ValueOne to deliver corporate services in Sweden; and Harley Reed in West Africa. These new partnerships, along with others already in place in Poland, Romania and Italy, are providing greater support to the procurement community around the world.
Read more about our Country Partners
English schools need you ... to become a governor
Schools across England need people with procurement expertise to join their Governing Boards and help inform their decisions regarding suppliers. With budgets continuing to shrink in schools, making best use of what money is available has rarely been of greater importance. School governors play a key role in helping to set the strategic direction of schools and implementing best practice in an advisory role, while leaving the day-to-day management of schools to Head Teachers and their staff bodies.
Becoming a school governor is a fantastic opportunity to test and develop your skills and knowledge in a new environment whilst giving back to your local community. SGOSS Governors for Schools provides a free governor recruitment service for volunteers and schools across the country. They work on a skills-based matching system and will put you in contact with schools most in need of the skills and experience you bring.
Read more Or contact William Durham
FCIPS ... could you become an Academy Ambassador?
Academy Ambassadors is a non-profit organisation which recruits senior business leaders and professionals as volunteer non-executive directors onto the boards of multi-academy trusts in order to help shape the futures of our next generation. There is considerable demand across the whole country for high calibre individuals who can bring their business acumen to the board of academy trusts and make a difference to the lives of young people. The individuals taking part benefit from a chance to gain unparalleled leadership and board experience while building thriving new trusts, turning round failing schools and unleashing innovation.
PRGX Knowledge Partner launch
A dedicated SIM solution retrieves, organizes, and manages supplier information while maximizing supplier engagement and data quality across a global supplier base while at the same time, ensuring minimum risk and high efficiency.
The Trump effect on energy and utilities
Several changes introduced by the Trump administration began impacting the energy and utilities sector in the US. In this timely white paper, GEP's E&U experts evaluate the market dynamics and share effective procurement strategies to mitigate risk and drive maximum value for the business.
Read Energy and Utilities: How Procurement Is Navigating the Forces of Change
Using Framework Agreements for value and efficiency
Those in the driving seat of procurement decision making often consider the use of a Framework Agreement as a best value and efficient route to market. This article drills down into the detail of these benefits, exploring how accessing Frameworks created by procurement service providers can save time and money whilst simultaneously addressing the strategic issues procurement professionals face.
Preparing for change: The evolution of MRO procurement
In this white paper RS and CIPS analyse research conducted with procurement professionals on the challenges of indirect procurement and MRO supplies. Expert opinion is provided explaining what the findings mean for business and how MRO strategies are going to need to adapt to change in a rapidly evolving environment.
Download the latest white paper from RS Components on how pricing solutions can improve your MRO procurement efficiency. This paper examines why product discounts alone are not a sustainable method of achieving cost savings in MRO procurement. Instead, organisations should consider introducing a pricing solutions strategy, making use of data insights to create better deals and long-term savings.
Digital transformation reduces strategic sourcing costs and cycle times by 30%
The Hackett Group’s 2017 Sourcing Cycle Time and Cost Measurement Study found that companies devote an average of 16 full-time staff to the sourcing process for every $1 billion in spend. Teams are being stretched thin and half of all strategic sourcing time is spent in the supplier evaluation and negotiation phase. It doesn’t have to be so if a digital transformation approach is taken.
The power of Game Theory is in your hands
To coincide with the launch of their knowledge partnership, CIPS and TWS Partners conducted a survey on the application of game theory in Procurement.
Sam Walsh announced as CIPS President for a second year.
We are delighted to announce that Sam Walsh's tenure as CIPS President, which began on 1 November 2016 is to continue for another year. Sam is an Honorary Fellow of CIPS and former CEO of Rio Tinto. He is a committed philanthropist, and a Fellow of the Australian Institute of Management, the Australasian Institute of Mining and Metallurgy, the Australian Institute of Company Directors and the Australian Academy of Technical Science and Engineering.
Read more about Sam Walsh here - click on CIPS Officers
Procurement apprentices attend UK conference
The L4 Public Services Commercial apprenticeship standard was developed by a Trailblazer group of employers in order to develop and improve commercial capability at a junior grade within the Civil Service. As part of the programme, the apprentices were required to successfully complete the CIPS Diploma. The end point assessment for this standard also required the apprentices to complete a case study, a showcase portfolio and attend a panel interview.
In September 2017, seven apprentices successfully completed the programme as part of Crown Commercial Services’ Commercial Fast Track Apprenticeship Scheme. We were delighted these apprentices attended the CIPS UK conference where they took part in key sessions and workshops.
Read more about procurement apprenticeships in England
First Indian University receives CIPS accreditation
CIPS is delighted to announce that we are now accrediting Manipal University’s (Dubai Campus) MComm, Logistics and Supply Chain programme.
This two-year programme offers a specialisation in logistics and supply chain management with a focus on developing enhanced quantitative and qualitative skills to support decision making and application of concepts and techniques. On completing the programme students will receive a qualification from a reputable university as well as the internationally recognised CIPS professional designation.
CIPS Supply Management Awards Europe 2017 in association with ProcureCon Europe
"Following the overwhelming success of CIPS SM Europe Awards 2017 we are delighted to be partnering with ProcureCon Europe on the 2018 awards. The standard of entries this year was very high and we are looking forward to reviewing many more next year." Cath Hill, Group Marketing Director, CIPS
The exams are over and you’re waiting for your results
Do you want to know what happens now to your exam paper and why does it take around 11 weeks to get the results? Take a look at our handy diagram to find out more
Your time to shine
Whether it’s your last exam or you’re already thinking about your next one, while you’re waiting for your results remember that CIPS is here to support you, whatever stage of your career you’re at. Everyone learns and retains information in different ways. In the Student Zone we’ve provided several assessment guides to help you to try different approaches to the different types of exam papers. CIPS Knowledge and Supply Management are also essential resources to support your studies... More
Course books pricing update
The Certificate and Advanced Certificate course books prices will remain unchanged for another year at £24.50 per book. Diploma, Advanced Diploma and Professional Diploma book prices 2017-2018 are £38.50 per book. Please make sure you are logged into your MyCIPS account to receive membership discounts. Go to bookshop