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Procurement Transformation Institute
Procurement Value Delivered
Issue 64, 06th June 2019
This Week's Highlight

Stop Food Waste Week 2019 will run from the 12th – 19th June.

This year is all about ‘Working to Reduce Food Waste’. We’ll be discussing ways that you or your business can help prevent food waste in the workplace.

Sign up to receive information throughout the week, plus the chance to win free goodies and free training for your workplace!

Want to get involved? Be the first to know about what’s happening. 

Find out more Here
Procurement Picks
People

The Power Of Procurement.
Society is demanding businesses change the way they operate by acting more sustainably and with greater transparency -- all while generating a positive impact on the world.
For businesses, this means social responsibility isn’t just a CSR priority. Today, the most forward-looking organizations understand that in order to amplify their impact, they need to prioritize responsible projects and ethical business practices. 
Click Here to Find Out More
Technology

Digital technologies are on pace to automate most routine procurement processes within three to five years.
In many ways, today’s procurement organizations resemble white-collar versions of manufacturing in the 1970s. Manual processes still dominate procurement, even as automation transforms other business functions. Legions of staffers handle low-value sourcing and demand-management activities at the bottom of The Purchasing Chessboard.
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Knowledge
Plans for €1bn France-Ireland electricity cable move a step closer
 
Plans for a €1bn million high voltage sub electricity cable connecting Ireland and France moved a step closer on Friday as the Irish and French energy suppliers involved in the project met at the Midleton Distillery in East Cork to sign a joint application for EU Commission funding of up to 750 million.
This will ensure that we will have price competition in the energy electricity grid.
 

 
Discover More Information Here

Connect With Us!
 
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Process.
 
Your equipment purchase needs to fit in with your overall strategy
It is important to understand your objectives.
Are you looking to increase productivity?
Will this new equipment make you more successful in the marketplace?
Will it help you stay ahead of your competitors?
Can you upgrade instead of buying new equipment and still get better performance?

The most common practice is to do a cost-benefit analysis. 
Click Here for More Information
Culture

Embracing Complexity
The modern supply chain, and procurement, is a network of partnerships. The era of a simple supplier-customer relationship has passed. The future is a cooperative network where manufacturers at different levels of the production chain cooperate with their customer for the benefit of the end user.
The rewards are significant, for those which can navigate the complexity.

Collaboration with suppliers can deliver 50% time savings and 30% cost savings.
Check Out the Article
Procurement Transformation Institute
Western Gateway Building, UCC,
Cork, Ireland
info@procureti.com
00353 212021052
www.procureti.com
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Procurement Transformation Institute · Western Gateway Building · UCC · Cork City, Cork 0000 · Ireland

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