Search Results for: office of the future

The rise of the part time office opens up a new frontier for market growth

The rise of the part time office opens up a new frontier for market growth

by • Comment, Flexible working, Property

The part-time office offers companies the ability to rent office spaces on a part-time basis, writes David RawlenceAs businesses, large and small, continue to adapt to post-pandemic realities, the demand for flexible working solutions continues to surge. The part-time office offers companies the ability to rent office spaces on a part-time basis—often for just one to three days a week— whilst opening a unique opportunity for occupiers, landlords, operators, and investors. More →

Office design goes to the movies

Office design goes to the movies

by • Features, Workplace design

What can the movies tell us about office designFollowing our recent attempts to create a rudimentary playlist of songs that tell us something, or perhaps nothing, about office design, office life and office furniture, here’s another look at how the parochial world of the workplace can brush up against popular culture. It does this unnoticed for most people, I suppose, but not for those of us bound up in this world. We’re not the sort of people who can ignore the regular, brief glimpse of an Aeron chair’s ubiquitous mesh without a synapse of recognition sparking up. So, here is a brief rundown of nine movies that use office design to make a plot point or set up a character development.

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Finger on the pulse: Is biometrics the future of workplace wellbeing?

Finger on the pulse: Is biometrics the future of workplace wellbeing?

by • Comment, Wellbeing, Workplace design

For architects and designers, the trend to use wearable devices to track wellbeing in the workplace is a giftAround a third of companies already use wearables to track their team’s activity and better gauge their physical, mental and emotional wellbeing, according to Deloitte’s 2024 Global Human Capital Trends Report. Deloitte predicts that usage will increase to two thirds by 2027. Neurotechnology, which uses electronics to read brain activity and can contextualise employee behaviour and interactions, is also anticipated to ramp up dramatically in use in that timeframe, from 3 percent to 31 percent. More →

The future of procurement: navigating a digital and strategic evolution

The future of procurement: navigating a digital and strategic evolution

by • Company news

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 Active Office – enhancing workplace wellbeing with innovative office furniture

The Active Office – enhancing workplace wellbeing with innovative office furniture

by • Company news, Furniture, Wellbeing

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 →

How do you encourage people to spend more time in the office? Here are seven things to consider

How do you encourage people to spend more time in the office? Here are seven things to consider

by • Features, Flexible working, Property, Workplace design

 

In a world in which people have more choice about how and where to work, how do you encourage people to spend more time in the office without issuing controversial mandates?

In a world in which people have more choice about how and where to work, how do you encourage people to spend more time in the office without issuing controversial mandates? Some of the UK’s most high-profile workplace, design, property and facilities management experts met recently at the London showroom of MillerKnoll to discuss the answers to this, one of the most vexed questions of recent years. How do you create workplaces that meet the needs of people who have more choices than ever of how, when and where to work? And its corollary: if you want people to spend more time in the office with each other, how do you entice them to do so without making it an obligation? More →

Capital One Office upgrades classic Zumtobel luminaire

Capital One Office upgrades classic Zumtobel luminaire

by • Company news, Lighting

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 →

Accelerating the rise of the adaptable office

Accelerating the rise of the adaptable office

by • Company news, Workplace design

The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategiesThe introduction of the Flexible Working Act is another sign that the concept of the ‘workplace’ has undergone a significant transformation. These shifts in work patterns, office usage and approach are all having dramatic knock-on impacts when it comes to the future of the physical infrastructure of the nation’s office environments, and the investor communities behind them. The growth of the adaptable office is one of the most obvious responses to the growing appetite for flexible working and agile property strategies. More →

Urban Infill Architects secures planning win for latest office scheme

Urban Infill Architects secures planning win for latest office scheme

by • Architecture, Company news

Urban Infill ArchitectsUrban Infill Architects has secured planning consent for a 58,000 sq ft (GEA) redevelopment of New Devonshire House in Bromley, within the borough’s Business Improvement District. The redevelopment of New Devonshire House will provide a 10-storey office building designed to the latest BCO Grade A standards. The specifications include 78 cycle spaces, EV charging facilities and a communal sky deck level with break-out spaces, bar and sky garden. More →

Connection through design: The role of office designers in fostering workplace ties

Connection through design: The role of office designers in fostering workplace ties

by • Comment, Workplace design

For office designers creating spaces that foster rich, interpersonal connections between colleagues both in-person and remote is essential.For office designers creating spaces that foster rich, interpersonal connections between colleagues both in-person and remote is essential. Design with Impact is a philosophy that can help workplaces prepare to host these meaningful interactions, cultivating a shared sense of purpose among employees. There are many ways that people connect with spaces and within spaces. Physical connection is the most fundamental, and perhaps most obvious type of workplace connection. In-person interaction allows for immediate communication, the ability to read body language, and some would argue, a more meaningful connection than any relationship that can be built over video call. More →

The city and the office have much to teach each other

The city and the office have much to teach each other

by • Cities, Features, Workplace design

It’s common to hear people say that the boundaries between the traditional workplace and the outside world have become blurred but it might be closer to the truth to say that in a growing number of cases they have been eradicated and that the evolution of cities and offices is informed by a two way exchange of DNA. Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   More →

British Council for Offices Chief Executive Richard Kauntze to step down in summer 2025

British Council for Offices Chief Executive Richard Kauntze to step down in summer 2025

by • News

After soon-to-be 25 years of serving as Chief Executive for the British Council for Offices, Richard Kauntze will be stepping down in summer 2025. His successor will be appointed by the BCO Presidential Team in due course. More →

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