View this email in your browser
Procurement Transformation Institute
Procurement Value Delivered
Issue 65, 13th June 2019
This Week's Highlight
Lean Construction: Cost Avoidance and Margin Increase

17.45-18.15 Registration-Networking-Refreshments

18.15-18.30 Opening & Welcome, Dr. Joe Harrington, CIT / Aidan Mangan, CIF

Find out more Here

Procurement Picks

Procurement in Emergency Situations — Preparing for the Hurricane Season
Last year the Caribbean Development Bank (CDB) organised an intensive two-day workshop on procurement in emergency situations. The event brought together people from around the word, including people who had actively managed procurement through hurricanes, earthquakes and wars, and those who had been active on the ground trying to make sure the right supplies were able to get through.
Click Here to Find Out More


AI finally making its mark on procurement:

 AI is going to make business better, at least that is what the solutions providers would have us believe.
Businesses will be more agile, more efficient and, importantly, more profitable.

Yet it still feels procurement is behind the curve when it comes to AI adoption, despite those that have implemented things, such as machine-learning and AI-driven data analysis, seeing the benefits.
Want to Find Out More?
One  of  the most  important  decision  for  a  supply  chain  manager is probably the trade-off between  buying  excess  stock  to  insure  against  a  shortage  and  running a tight model to keep costs  low.  Different  businesses  prioritise  differently. 
The  Ritz  Hotel  running  out  of  champagne  is  a  disaster. A  discount supermarket,  by  contrast, prefers  to  run  out  of  cabbages  by  the  end  of the  day than  overstoc

 Great  supply  chains  are  agile.  
Discover More Information Here

Connect With Us!
Click Here for More Information


From my own experience of working in procurement I follow a process called the 3 V’s 

 Demonstrated “continuous improvement” culture that fosters quality and reliability in very aspect of the business .Supplier has best in class pricing and is committed to a documented cost reduction road-map. Supplier meets or beats delivery dates and offers security of supply.

Click Here for More Information

What is the Big Buyers Initiative?

The Big Buyers Initiative, is a European Commission platform for promoting collaboration between big public buyers in implementing strategic public procurement. Public procurement can be a key tool in driving the development of innovative goods and services on the European market. By working together, and pooling their resources public procurers can maximise their market power and impact. 
Check Out the Article
Procurement Transformation Institute
Western Gateway Building, UCC,
Cork, Ireland
00353 212021052
Copyright © 2019 Procurement Transformation Institute, All rights reserved. 
You are receiving this email because you opted in via our website. 

Our mailing address is: 
Procurement Transformation Institute
Western Gateway Building
Cork City, Cork 0000
Add us to your address book

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list

This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Procurement Transformation Institute · Western Gateway Building · UCC · Cork City, Cork 0000 · Ireland

Email Marketing Powered by Mailchimp