When it comes to managing procurement in relation to selling a business, there are several steps that business owners should take to ensure a smooth and successful transition. Here are some key considerations: Identify key suppliers It's important to identify the...
Northern
Managing Costs – 4 Factors
Managing Costs on IT products and equipment is extremely difficult for organisations. Independent survey reports, analysis of purchases and consistent client results support the fact that 81% of organisations will pay more than they should on everyday tech products....
Managing IT Inflation
Inflation is biting hard. As it is expected to hit 11%, the UK consumer price index is at its highest since records began. Expect rising capital expenditure costs as vendors feel the pinch, along with escalating contract and labour costs. The question is what can...
ISO Certification and Trust
There are many advantages to your business gaining UKAS Certified ISO Standards, both internal and external– but perhaps the most crucial element of the entire ISO framework, and the result that will likely benefit you the most is trust. Certifying compliance with...
Managing Perceived Over Valued Products
Occasionally an organisation will have a specific product or service that will have a perceived higher degree of importance. It will actually be or be seen as fundamental to the success of the business and any disruption could cause irrevocable damage to its standing...
ISO Implications of Cyber Security
It is important to understand how cybersecurity trends now and in the coming year might impact ISO standards (and, by extension, your business). The ISO guidelines for cybersecurity are set out in ISO 27001. These consider unique activities and their relation to other...
Commodity Insight – Stationery or Office Consumables
Here are all the points that you should look to cover when looking to reduce costs and maximise value in this area: Obtain itemised details of your historic purchases over the last 12 months. This should include product code, description, UOM or pack size, quantity...
Procurement Case Study – Restructuring a Vital Supply Base
The Client National Materials Testing OrganisationExtensive & Varied Customer BaseVast Array of Specialist Services Provided The Problem The nature of the client’s business meant that they required a wide range of highly educated and specialised personnel. Roles...
Online conference: Growing your business globally
The “Growing your business globally” – Conference was held on the 14th of October via Zoom. See our YouTube videos of the event and don’t miss this opportunity to gain knowledge on exporting and international business development.