November 2019


Reflecting back and looking forward to new opportunities

Ruminating on the year, the profession has experienced both challenge and change, as more members have become chartered, demonstrating their up-to-date learning, and talented procurement professionals have been called upon to manage Brexit disruption to supply chains.

As you reflect on your own year and plan for the next, keep CIPS at the heart of your preparations. Tap into our procurement networks, online and at our insightful events, and keep developing knowledge and skills for what is sure to be an interesting 2020.


Do the right thing… don’t wait for regulations

This was the key message from Dame Judith Hackitt addressing attendees at a conference held at the Local Government Association in Westminster in September. The conference was discussing recommendations in Raising the Bar, the interim report designed to tackle competency shortcomings following the Grenfell disaster. While she welcomed the move to change, she also warned changing a framework takes time. “More importantly still, I think you need to examine why you are doing this. You should be doing this because it’s the right thing to do. Not because the rules and legislation make you do it.”

Read the full story here

Behavioural procurement: what does it mean and how can it benefit you?

This paper from David Loseby explores the concept of Soft Skills: Behavioural Procurement, delving deeper into the issue. He explains the standard notion of soft skills and their wider counterparts, and how our behaviour and that of others can impact either positively or negatively on the outcome of a contract.

Read the full paper here

Five-year trends: looking back, looking forward

Half a decade is a long time in the world of procurement and supply, and there have been many global and domestic challenges at play in the last five years. The CIPS/Hays Five Year Trends Guide looks back at 2015-2019, highlighting the trends and supporting forward planning and recruitment strategies for long-term career and business goals.

Read the full report here


Using new technology to support procurement fundamentals

The essence of procurement remains unchanged. We want to source the right products at the right time and the right price. This new white paper from GEP ‘Digital Should-Cost Analysis: How Technology Can Help Optimize Sourcing and Unlock Value’ explains how this new model has been made possible by technology, and why it’s far superior to manual, DIY calculations. The paper also outlines steps for developing a custom-fit should-cost model that will serve as a strategic decision-making tool, enabling better negotiations and better supplier selection.

Read the white paper here

Supplier diversity: the podcasts

Diversity in the supply chain is often the secret to a successful business, unlocking innovation and agility, as well as improving ethical credentials. Our podcast series sheds more light on the topic.

Listen to the podcasts here

Reports of food crime rise to highest level since 2013 horsemeat scandal

Food crime is notoriously difficult for businesses to identify, often occurring several tiers down their supply chain and in countries far away from the end consumer. CIPS researches the issues after a Freedom of Information request to the UK Government.

Read the full story here


Reimagining Direct Procurement Technology: Why it’s Time to Move beyond ERPs and Legacy Systems

This insightful paper takes a closer look at the evolution of the role and needs of direct procurement teams over the years. It also explores the undeniable disconnect between the demands of the function and the technology supporting it, which simply hasn’t kept pace over the years. Are there any strategic advantages of using a next-gen, AI-powered, data-driven procurement platform to enable agile and effective decision-making?

Read on to find out more here

 

The 3D printing revolution

3D printing has been around for a while but new developments in technology could see it revolutionise future supply chains – reducing complexities, increasing the speed to market of products and reducing global impact by limiting the shipping of goods around the globe. It can also facilitate the printing of replacement parts in remote locations.

Find out more here

 

Corporate Award comes to Italy

The Corporate Award Programme (CAP) has been launched in Italy by CIPS in partnership with supply management specialist SC Italia. The CAP-Advanced is designed to develop an organisation’s procurement and supply chain expertise through an adapted, applied and accredited training programme and a direct route to achieving MCIPS.

Find out more here

 


CIPS News

CIPS is in involved in a couple of forthcoming supplements to be published alongside national newspapers:

Business Reporter Supplement in the Telegraph

Future of Supply Chain (28th November) Offering in-depth content on a range of topics including business, technology, finance, healthcare and supply chains.

Read more here

Supply Chain Innovation Report in the Times

In partnership with Raconteur this will be published in The Times on 10 December 2019. Raconteur and CIPS are working together to create an engaging 16-page report that will illustrate the challenges and opportunities currently facing the profession and educate the senior business community as to the value add that strategic supply chain management brings to an organisation.

We encourage members to contribute to this special report. The report will profile no more than eight leading firms and discounted commercial options are available to CIPS members. For further details please contact Publishing manager, Emma Ludditt (+44 (0) 203 8773841 /el@raconteur.net who will be happy to provide more information about the report and return on investment that partners can expect from involvement. Deadline for content is 29 November. Raconteur is a premium independent publishing house, committed to producing high quality, special interest content for The Times and Sunday Times newspapers.


CIPS Knowledge

Professional book discounts from Kogan Page

CIPS has partnered with independent, international business publishers Kogan Page to provide access to professional book and ebook resources for students and practitioners, with a fantastic 20% discount from the recommended retail price.

See the full range here

Ethical and Responsible Procurement - a complete overview

CIPS marked the recent Global Ethics Day and Anti-Slavery Day, running a series of campaigns. Both days fell in the same week, so our week-long initiative was designed to raise awareness of what procurement professionals can do to tackle supply chain issues in these areas. But of course, these are topics which must be considered every day, with every project, so please do look at the guidance and bring it into your everyday practices. If you haven’t already taken our Ethics Test now is the time – this is always free to members. Or you could take your Corporate Ethics Test and achieve our CIPS Corporate Ethics Mark.

The Royal British Legion recently became the first charity to receive the Mark, proving their commitment to responsible and ethical procurement.

Meanwhile, our Supply Management Awards for Ethical Procurement are seen as a benchmark for excellence. These prestigious awards were won this year by Sheffield City Council for public sector and the World Wildlife Fund for private sector.

CIPS CEO Malcom Harrison says: “When I talk about the ethics agenda, I mean it in the broadest sense to include modern slavery and sustainability, but more than anything transparency in everything we do – ethics+ if you like. Ethics needs to be incorporated into all day-to-day business decisions, almost without thinking. It has become second nature to consider the implications of holding personal data or blocking fire doors, so how do you ensure ethics has the same impact?”

See our guidance and find out more


CIPS Regional Updates

UK

Challenges and opportunities… the industry overview

As the deadline for the UK’s departure from the EU has shifted again, the main sectors in the UK’s economy have seen mixed fortunes.

Manufacturing was undeniably constrained by ongoing uncertainties in October, with political ambiguity taking negotiations to the wire. Many firms ramped up their Brexit preparations, raising levels of input purchasing and a build-up of safety stocks. IHS MARKIT / CIPS UK MANUFACTURING PMI® was at 49.6 in October, a six-month high. The industry saw downturns in output, new orders and employment.

Find out more here

Construction output falls at slower rate in October. Softer demand conditions and a lack of new work to replace completed projects resulted in another fall in staffing levels across the construction sector. Civil engineering declined at its fastest pace since October 2009, new orders decreased and business expectations remain subdued.

October data pointed to a sustained decline in UK construction output, with overall volumes of work falling for the sixth consecutive month. The latest survey also revealed a sharp drop in new work, although the rate of contraction was the slowest for three months.

Find out more here

The service sector saw increasing cost pressures, new business levels fell and the Business Activity Index posted at 50.0 - no-change.

Business levels were supported by existing contracts as the volume of new work declined further. This led to more job losses in the sector, albeit at a slower rate. The outlook improved slightly as a number of firms expected Brexit to be resolved early next year, reducing uncertainty, but overall sentiment remained weak.

Find out more here

MENA

Annual Procurement Summit success

CIPS Northern Emirates Branch recently held their second Annual Procurement Summit. With over 200 attendees, including professionals and working students from Ghana, Uganda, Kenya, Zimbabwe, South Sudan and Oman, the event was also attended by eminent business leadership speakers.

CIPS Middle East Conference and Awards

Enter the Awards now

South Africa

Save the date for the next Africa Summit is to be held on 26 February in Johannesburg

Australasia

Tackling the scourge of modern slavery

CIPS Australasia launched its Modern Slavery programme to coincide with Global Anti-Slavery Day on 18 October. With more organisations soon required to demonstrate how they are addressing modern slavery risk in their supply chains and how they measure the effectiveness of their response, the training is very timely. The programme will help them increase visibility on modern slavery risks and introduce and implement ethical practices to keep their supply chains slavery free.

Find out more here


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