What is the True Value of ESG?
Barkers Commercial Consultancy
by James Gaskin
1w ago
Series 1 / Part 2 ESG. Some would argue one of the key areas of focus for procurement in 2024. Others would question the value of ESG and what tangible benefits a company can derive through engaging in ESG principles, behaviours and action. To understand the true value of ESG let’s start by defining what ‘value’ is. The Oxford English dictionary defines ‘value’ as: Noun The regard that something is held to deserve; the importance, worth, or usefulness of something. “Your support is of great value” Principles or standards of behaviour; one’s judgement of what is important in life. “They ..read more
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Property Regeneration Client – Procurement as a Service
Barkers Commercial Consultancy
by Tom Lewers
3w ago
This property regeneration clientselected Barkers to conduct a maturity assessment and benchmark of its existing procurement capability. The client has no central procurement function, with each business unit conducting its own procurements, from business requirement through to contract expiration. The assessment focused on a root cause analysis, proposed solutions, blueprint Target Operating Model, with quick win and longer-term recommendations. Challenge Solution Results Social Value Challenge The challenge was to take the maturity assessment and develop a target operating model wh ..read more
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Sustainable Procurement And Why It Matters
Barkers Commercial Consultancy
by James Gaskin
1M ago
In 2012 I read a life-changing book called Collapse – Why Civilisations Choose to Fail, by Jarrod Diamond. The book discussed societies such as Easter Island and posed the question – what was the collective reasoning for consuming the entire island’s timber stocks and thus condemning a society to fail? Within the book Diamond also went on to discuss current day Australia, China and humanity’s insatiable appetite for consumption. It was a book you couldn’t ignore; I concluded that our planet cannot and will not cope; we need to change! I recognised that Sustainability would become an important ..read more
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2024: Procurement Challenge, Opportunity and Transformation
Barkers Commercial Consultancy
by Barkers Procurement
1M ago
2023 was tough. And if your profession happens to be Procurement transformation, it’s likely – in the workplace, at least – it’s been even more so. A business fighting for survival will always look at its overhead, often meaning the threat of redundancy. In parallel, it will also look at its expenditure meaning it is frequently the case that the Procurement function will be asked to commit incremental cost reduction to that which has already been budgeted, without the luxury of knowing its method of delivery. A smart Procurement Director may even pro-actively offer up a greater level of cost ..read more
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FTSE 30 CPG Client – IT Procurement
Barkers Commercial Consultancy
by Barkers Procurement
1M ago
Barkers were retained by a FTSE 30 CPG client to support its selection of Manufacturing Execution System (MES) software and a MES Systems Integrator and the subsequent software licensing and implementation contract negotiations. Due to severe time constraints, Barkers designed a parallel workstream approach that led to a 50% reduction in the time normally taken to run the overall process. Barkers were responsible for creating the RFI and RFP documents, running the RFI and RFP processes, supporting the customer in vendor selection, and the detailed negotiation of the software license and Syste ..read more
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Enzen – Legal & Commercial Support
Barkers Commercial Consultancy
by Rachel Freeman
1M ago
Enzen required a cost effective and reactive legal and commercial service to enable their bid team to respond to utility regulated tender opportunities. The service needed to ensure that prompt and pragmatic legal and commercial advice was provided and built into Enzen’s commercial submissions over a two-year period. Barkers responded with an innovative legal and commercial ‘retained service model’ ensuring effective and experienced support could be promptly provided in an efficient and value add manner. Challenge Solution Results Challenge Enzen required commercial and legal resourc ..read more
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Contract Negotiation – A How To Guide for 2024
Barkers Commercial Consultancy
by Barkers Procurement
2M ago
2024 Contract Negotiation Guide. In a perfect world, a supplier would just provide you with their service or product at the price you want without any hesitation. But we don’t live in a perfect world. In procurement, you have to negotiate the contracts to get the best deal for your organisation; however, this is going to be much harder in 2024. A combination of external factors such as Brexit, rising inflation, supply chain disruption and the impact of COVID has created a harsh economic climate that make negotiations tougher as financial and resource-related challenges make it harder to reach ..read more
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What Are the Pressures That Procurement Faces In 2024 and Beyond?
Barkers Commercial Consultancy
by Barkers Procurement
2M ago
The Pressures That Procurement Faces In 2024. In recent years, we have seen the demand placed upon the Procurement function significantly increase. Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. What is driving the pressure on Procurement? The pressures that procurement faces show no signs of reducing. The increasing pressure from macroeconomic factors that ..read more
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What Are the Pressures That Procurement Faces In 2024 and Beyond?
Barkers Commercial Consultancy
by Barkers Procurement
2M ago
In recent years, we have seen the demand placed upon the Procurement function significantly increase. Last year, McKinsey reported that in 2023 alone, the typical workload on the function was set to increase by over 10%. Of note was that the increase in workload was juxtaposed by data that suggests that for most organisations, headcounts were set to be reduced or maintained at best. What is driving the pressure on Procurement? The pressures that have been placed on the Procurement function show no signs of reducing. The increasing pressure from macroeconomic factors that include inflation ..read more
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FTSE100 CPG Client – IT Procurement
Barkers Commercial Consultancy
by Mark Elkington
2M ago
Following a successful engagement to support the client’s purchase of new ERP software, Barkers were retained to support the selection of an ERP Systems Integration partner and the subsequent contract negotiation with the successful vendor. Barkers were responsible for creating the RFP documents, running the RFP and BAFO processes, supporting the client in selecting the vendor and the detailed negotiation of a contract for delivery of the systems integration services. This resulted in £10m of savings against budget, a selection process completed to agreed timescales and a robust contract deta ..read more
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