Workspace Design Show announces Workspace Wellbeing Hero initiative

Workspace Design Show announces Workspace Wellbeing Hero initiative

The Workspace Design Show (26 – 27 February 2025, BDC, London) has announced the launch of the “Workspace Wellbeing Hero” initiativeThe Workspace Design Show (26 – 27 February 2025, BDC, London) has announced the launch of the “Workspace Wellbeing Hero” initiative, recognising and celebrating exceptional individuals in the workspace design industry who go above and beyond to support the wellbeing of others through acts of kindness and resilience in their work environments. This initiative shines a spotlight on those who make a tangible difference in workplace culture through selflessness, compassion, and perseverance. More →

Beyond the jargon: what insurance benefits really mean to your team

Beyond the jargon: what insurance benefits really mean to your team

Here’s a jargon-free guide to the different insurance benefits you can offer your employees, and the real-life impact they have on your team.Offering a comprehensive employee benefits package is more important than ever, and  Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. But with so many products out there, and terms like “Group Income Protection” and “Critical Illness Cover” making many people’s eyes glaze over, it can be hard to determine the right product for your people – and what they really offer. More →

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

UK’s best workplaces honoured at BCO Awards. And the winner isn’t an office

The BCO has announced what it says is a list of the UK's best workplaces this year, with eight projects receiving accolades at its National AwardsThe British Council for Offices (BCO) has announced what it says are the UK’s most exceptional workplaces this year, with eight projects receiving accolades at its National Awards. The TTP Campus, a life sciences facility in Cambridgeshire, was the standout winner, claiming both the Best of the Best and Corporate Workplace awards. The awards, held at the JW Marriott Grosvenor House in London, celebrate excellence in office design, operation, sustainability, and community engagement. The event, attended by over 1,200 industry leaders and featuring guest speaker Clare Balding, highlighted the best workplaces that inspire creativity and positively impact local communities. More →

Magenta Associates becomes employee owned

Magenta Associates becomes employee owned

Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees.Our friends at comms specialist Magenta Associates have announced that the business is now owned by its employees. The company has set up an Employee Ownership Trust which owns the majority of the business. The trust will be led by five trustees to ensure the management team is running the business in the best interests of the employees. Magenta was set up in 2011 by Cathy Hayward, the former editor of FM World (now Facilitate) and FMJ magazine who spotted a gap in the market for a PR agency specialising specifically in facilities management. More →

The future of procurement: navigating a digital and strategic evolution

The future of procurement: navigating a digital and strategic evolution

In recent years, procurement has transformed from a back-office function to a strategic driver of business valueIn recent years, procurement has transformed from a back-office function to a strategic driver of business value. As global supply chains become more complex and businesses strive for greater efficiency, sustainability, and agility, the future of procurement is set to change even more dramatically. Technological innovations, data-driven insights, and a shift in priorities are reshaping the way organizations manage their sourcing, purchasing, and supplier relationships.

This article explores the future of procurement, focusing on the trends, technologies, and strategies that will define this critical business function in the coming years.

 

 

 

 

  1. The Rise of Digital Procurement

One of the most significant trends shaping the future of procurement is digital transformation. Traditional procurement processes, which were often manual and time-consuming, are being replaced by automated, digital solutions. Technologies such as artificial intelligence (AI), machine learning, robotic process automation (RPA) are streamlining procurement workflows, enhancing transparency, and improving decision-making.

Artificial Intelligence (AI) and process orchestration are transforming procurement by streamlining complex tasks and improving overall efficiency. As highlighted in Tonkean’s blog, AI can eliminate time-consuming manual work like managing approvals, chasing stakeholders, and navigating complex systems. The use of AI-powered orchestration allows procurement teams to unify systems, automate routine tasks, and facilitate collaboration. This leads to faster cycle times, better process adoption, and more time for high-value strategic work, ultimately positioning procurement as a key business partner.

 

Key Areas of Digital Transformation:

– Automation of Routine Tasks: Tasks like purchase order creation, invoice processing, and supplier matching can now be fully automated, allowing procurement professionals to focus on more strategic initiatives.

– AI-Driven Insights: AI can analyze vast amounts of data to identify trends, predict demand, and assess risks, enabling more informed decision-making.

Impact:

The adoption of digital technologies will lead to faster procurement cycles, reduced errors, and significant cost savings. Procurement professionals will need to adapt to new tools and skills, such as data analytics and AI-powered decision-making, to remain competitive.

 

  1. Data-Driven Decision-Making

Data is becoming the new currency in procurement. With the vast amount of data now available through various channels—supplier data, market trends, and performance analytics—procurement teams have the opportunity to make more strategic decisions. Advanced analytics tools are enabling organizations to turn raw data into actionable insights, optimizing procurement strategies for cost reduction, risk management, and supplier performance.

How Data Impacts Procurement:

– Supplier Relationship Management: Data analytics can help procurement teams evaluate supplier performance, identify key areas of improvement, and foster stronger, more collaborative relationships.

– Risk Mitigation: Predictive analytics can forecast potential supply chain disruptions, allowing organizations to proactively manage risks such as supplier bankruptcies, geopolitical instability, or natural disasters.

– Cost Optimization: By analyzing purchasing patterns and market trends, procurement professionals can negotiate better contracts, reduce maverick spending, and ensure cost savings across the board.

Impact:

The ability to harness and analyze data will be critical for the future of procurement. Organizations that leverage data to drive decisions will be able to build more resilient and cost-efficient supply chains.

 

  1. Sustainability and Ethical Sourcing

As consumers, investors, and regulators increasingly prioritize sustainability, procurement teams must align with corporate social responsibility (CSR) and environmental, social, and governance (ESG) goals. This shift means that procurement will play a central role in ensuring that businesses source goods and services from environmentally and ethically responsible suppliers.

Key Areas of Focus:

– Sustainable Sourcing: Procurement teams will need to ensure that suppliers adhere to environmentally friendly practices, such as reducing carbon emissions and minimizing waste.

– Ethical Labor Practices: Ensuring that suppliers comply with labor laws, prevent human rights abuses, and foster fair working conditions will become a priority.

– Circular Economy: Procurement will increasingly focus on sourcing products that can be recycled, reused, or repurposed, contributing to a more circular economy.

Impact:

Sustainability will no longer be optional for procurement teams. To remain competitive and compliant, procurement professionals must prioritize ethical and sustainable practices in their sourcing strategies.

 

  1. Supplier Collaboration and Innovation

In the future, procurement will shift from a transactional function to one that focuses on collaboration and innovation. Instead of simply managing suppliers, procurement teams will work more closely with them to co-create value and drive innovation. This shift will require a new approach to supplier relationships, one that emphasizes trust, transparency, and mutual benefit.

Key Changes:

– Supplier Collaboration: Rather than viewing suppliers as vendors, procurement teams will treat them as partners in innovation. This collaboration can lead to the development of new products, improved processes, and shared efficiencies.

– Long-Term Relationships: Procurement will focus on building long-term, strategic partnerships with suppliers, ensuring that both parties can innovate and grow together.

– Innovation Hubs: Some organizations may establish innovation hubs or programs where procurement teams and suppliers collaborate on research and development, bringing cutting-edge products and services to market faster.

Impact:

Collaboration with suppliers will become a competitive advantage, enabling organizations to innovate, adapt to market changes, and deliver more value to customers.

 

  1. The Strategic Role of Procurement

As procurement evolves, its role within the organization will become more strategic. Instead of being seen as a cost-saving function, procurement will increasingly contribute to business growth, innovation, and resilience. This shift will require procurement professionals to develop new skills and capabilities, such as strategic thinking, cross-functional collaboration, and leadership.

Key Areas for Strategic Focus:

– Procurement as a Value Creator: Procurement will move beyond cost-cutting to create value through innovation, risk management, and sustainability.

– Cross-Functional Collaboration: Procurement teams will work more closely with other departments, such as R&D, marketing, and finance, to align procurement strategies with broader business objectives.

– Leadership and Influence: Procurement leaders will need to influence key stakeholders and contribute to strategic decision-making at the executive level.

Impact:

The strategic elevation of procurement will lead to greater influence within organizations, enabling procurement professionals to drive business success through innovation, resilience, and sustainability.

 

 Conclusion

The future of procurement is one of transformation and opportunity. As digital technologies, data-driven decision-making, sustainability, and supplier collaboration reshape the procurement landscape, professionals in this field will need to adapt and embrace new skills and strategies. By doing so, they will not only optimize procurement processes but also contribute to the long-term success of their organizations.

Procurement is no longer just about sourcing the best deal—it’s about building resilient, ethical, and innovative supply chains that drive business

The Workplace Depot team up with music licensing organisation to share how playing music helps them stay in tune

The Workplace Depot team up with music licensing organisation to share how playing music helps them stay in tune

Nottinghamshire based business The Workplace Depot have been getting into the groove in recent weeks by working with music licensing organisation, PPL PRSNottinghamshire based business The Workplace Depot have been getting into the groove in recent weeks by working with music licensing organisation, PPL PRS to share why playing music is important to their business. The industrial and workplace stockist based in Bingham, just outside of Nottingham, have teamed up with PPL PRS, the company who issue TheMusicLicence to businesses who use music, to create a video and Q&A about the positive effects music has on their team. More →

The Active Office – enhancing workplace wellbeing with innovative office furniture

The Active Office – enhancing workplace wellbeing with innovative office furniture

As experts in ergonomic workspaces that improve productivity, efficiency and employee wellbeing, AJ Products offer a wealth of innovative Active Office solutionsThe working environment profoundly affects how we feel at work. But can the right office furniture and layout also boost creativity, efficiency and collaboration? AJ Products, a leading furniture solutions provider and workplace wellbeing specialist, decided to find out. They collaborated with University Academy 92, a higher education institution co-founded by the Class of ’92 and Lancaster University, to test their Active Office concept. More →

Kusch+Co airport products enhance relaxation and business for millions of travellers

Kusch+Co airport products enhance relaxation and business for millions of travellers

With furniture found in over 260 international airports worldwide, Kusch+Co is a trusted name in airport seating and lounge solutions.Creating comfortable and stress-free environments for travellers has never been more crucial. Ensuring traveller relaxation is paramount. Kusch+Co is at the forefront of this effort, offering a range of products designed to enhance the airport experience and provide much-needed comfort for travellers. As a leader in furnishing travel environments, Kusch+Co has been instrumental in achieving this goal. Their furniture can be found in over 260 international airports worldwide, making Kusch+Co a trusted name in airport seating and lounge solutions. More →

Unleash your brand’s potential: how Adfixus transforms digital marketing into profit powerhouse

Unleash your brand’s potential: how Adfixus transforms digital marketing into profit powerhouse

Digital marketing is no longer just about getting your brand noticed; it's about creating meaningful connections, driving customer engagement, and boosting your bottom lineIn today’s hyper-competitive digital landscape, the success of a brand hinges not only on its ability to reach the right audience but also on how effectively it converts that reach into tangible profits. Digital marketing is no longer just about getting your brand noticed; it’s about creating meaningful connections, driving customer engagement, and boosting your bottom line. This is where Adfixus comes into play, offering a revolutionary approach to digital marketing that promises to transform your brand into a profit powerhouse. More →

Capital One Office upgrades classic Zumtobel luminaire

Capital One Office upgrades classic Zumtobel luminaire

Capital One were still happy with the look and feel of their classic TECTON lighting system, but in search of improved efficiency, once again turned to Zumtobel for a fresh solutionTwenty years on financial services giant Capital One were still happy with the look and feel of their classic TECTON lighting system, but in search of improved efficiency, once again turned to Zumtobel for a fresh solution. Trent House, Nottingham, is financial services’ giant Capital One’s European HQ. It recently underwent a major remodelling project to create a stimulating and responsive working environment. In the dynamic landscape of corporate transformations, Capital One took a strategic leap to refurbish its 1st and 2nd floors, embarking on a journey towards modernisation and efficiency. Partnering with Zumtobel, a trusted name in lighting solutions, the project aimed to breathe new life into its 20-year-old Zumtobel TECTON System. More →

How can companies address the skills gap and ongoing talent shortage in their industry?

How can companies address the skills gap and ongoing talent shortage in their industry?

 

Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent and bridge the skills gapThe modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation. Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent. More →

Camira launches the ‘Colour Manifesto’ in collaboration with world-leading colour consultancy

Camira launches the ‘Colour Manifesto’ in collaboration with world-leading colour consultancy

Camira, has introduced the ‘Colour Manifesto’ to aid interior design professionals in specifying fabrics, in partnership with colour futures studio, Luminary ColourInternational designer and manufacturer of commercial and hospitality textiles, Camira, has introduced the ‘Colour Manifesto’ to aid interior design professionals in specifying fabrics. Created in partnership with colour futures studio, Luminary Colour, the ‘Colour Manifesto’ features four distinctive colour palettes, alongside evocative lifestyle photography, to inspire architects and designers with the latest colour insights. Demonstrating how colour interplays with the surrounding environment and architectural styles, the ‘Colour Manifesto’ reflects Camira’s colour-thinking for new product introductions during its 50th year. More →