The Blog of Procuright

Indirect Procurement, Indirect Category Management & General Business Management

Featuring actionable hints, tips, strategies, case studies and guides for UK SMEs, corporates and charities.

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10 Ways to Manage Business Energy Consumption in 2019

1. Have a policy of switching lights off in empty rooms or invest in motion sensor lighting for corridors and washrooms etc. This alone can save you up to 15%..............

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5000? 4000? We Explain Volumetric Weight

As a general rule, the cost of sending a parcel will be affected by which is the greater weight between the actual weight and the volumetric weight.......

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supply chain
12 bombshells from Deloitte's Global Chief Procurement Officer Survey

Savings can be achieved in numerous ways. Regardless of "cost saving" receiving negative coverage from procurement commentators, the fact remains that "savings" is a Procurement KPI that's here to stay.......

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Procuright as a Third Party Intermediary (TPI) in 2019

While we await the next steps on a Third Party Intermediary (TPI) specific code of practice, Ofgem has issued a very useful document in association..........

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4 Value Added KPIs to Measure Procurement and your Supply Chain in 2019

One of the key trends in 2018, within procurement, was KPIs (Key Performance Indicators) and how we, as a profession, go about measuring outcomes as we........................

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Procurement Outsourcing and Our Supplier Consideration Check List

With a growing list of supplier considerations, within the procurement process, the benefits behind procurement outsourcing are becoming more compelling for UK SMEs, corporate, the third sector and public sector.............

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2019 Procurement and Spend Management To Do List for Businesses

Having a comprehensive procurement and spend management plan is fundamental to achieving both your businesses core aims and values as well as achieving financial goals. This is our To Do list, to kick start your 2019...........

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10 tips and the Ultimate Guide on Brilliant Time Management in 2019

As business owners we all would like more time in the day not only to focus on the success of our business but also time with our friends and family. Soon enough.........

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5 Cost Saving Ideas for Companies - Regardless of your stage of development or sector

In today's climate SMEs have to keep a firm eye on their costs as well as chasing growth. But forget about finding one single direct cost and consider these 5 areas instead, where every business can cut costs............

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15 Tips for Growing UK Small Business Exports

It's estimated that businesses are 11% more likely to survive if they export. UK SMEs are in control of their own destiny and our 15 Tips for Growing Exports can be used as a starting point to develop your own export journey..........

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15 Business Cost Saving Ideas; Even if You're Doing Well

15 of the best Business Cost Saving Ideas for UK companies and charities because ultimately, it's a good idea to explore ways to reduce business costs, no matter how well you're doing.....................

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procurement blog
The robots are coming. Except this time, they really are! Part 1

AI, RPA and machine learning is getting ever closer. White-collar workers have seen automation swoop in on blue collar jobs. And it could now be coming to a procurement function near you...............

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The robots are coming. Except this time, they really are! Part 2

Part 2 of our look into AI, robotic process automation (RPA) and machine learning within procurement. If human judgement is required will AI/ RPA ever be able to replicate success without presenting the bias or prejudice of the programmer............

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6 Tips for Understanding Business Energy Bills

Running a business or department means having different tasks competing for your time. Scrutinising your energy bills probably never makes it to the top of that list, yet spending a few minutes taking a look at your bills can really pay off................

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Streamlining procurement
11 Benefits to Streamlining your Procurement and Processes

More often than not businesses are resigned to the fact that they deal with a huge number of suppliers. However, consolidating suppliers (and their invoices) can be extremely beneficial to organisations across numerous business locations and sites.................

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Procurement Outsourcing for the Win and 5 Big Benefits for UK Businesses

Whether your company is listed in the top 100 or not, there are steps your company can take to improve your financial outlook, including the management of indirect spend. Procurement outsourcing is becoming more popular as a tool to tackle this.............

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That Moment When Technology Ruins Supplier Relationship Management (Part 1)

Part 1 of our look at technology slowing departments down and ruining Supplier Relationship Management in many UK organisations. Our blog will lead you to the full article, which features on Spend Matters UK and Europe............

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supply chain
That Moment When Technology Ruins Supplier Relationship Management (Part 2)

Part 2 of our look at technology slowing departments down and ruining Supplier Relationship Management in many UK organisations. Our blog will lead you to the full article, which features on Spend Matters UK and Europe...........

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charity cost reduction
10 Top tips for better procurement and cost reduction - Third Sector

Many organisations have cut activities, made redundancies or even closed altogether since the economic downturn of 2008, which had an effect on both businesses and charities.............

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Why use an Energy Broker, Consultant or Third Party to Buy Business Energy?

All TPIs should have a similar goal; identify the most appropriate business energy contracts for each client with emphasis on cost, consumption and contract terms. Plus, some added bonuses and out of the box thinking from the better energy brokers and consultants..............

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Green Energy for Businesses & Charities and Our 3 Tips Following the Switch

In the UK you currently have two options for business green energy; generate it yourself or buy your energy in the same way you do now but on a Green Tariff. Embracing green energy brings many benefits to businesses. Learn how to unleash these benefits once you've decided to make the switch.............

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4 Snippets of Advice for P272 to Ensure your Business is Ready

P272 is a mandatory industry-wide change (instigated by OFGEM) for the half-hourly (HH) settlement of maximum demand meters with a meter profile of 05, 06, 07 and 08.............

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How's your charitable donation being spent? The 5 main problems

Aside from the cuts in grants/ funding from local and central Government and increased competition for donations, charities are facing challengers and problems that are resulting in................

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Energy and Carbon Reduction
8 Top Tips to Drive Efficiency Through Energy & Carbon Reduction

Business owners and decision makers within energy procurement need to start adopting energy efficiency measures as it'll be a great way to influence the price that you pay for your energy supply..........

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Water Water Everywhere; Business Water and our 7 Savings Tips

Water deregulation in the UK has been initiated to remove barriers to competition and open up the water retail market for non-domestic customers. This means that organisations in England...............

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6 Tips to Ensure Strategic Outsourcing isn't Risky Cost Cutting

As a business, you can always cut costs by finding something cheaper. But that's not necessarily the ethos behind cost reduction. Just ask British Airways after their IT failures in May 2017.................

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Ofgem TPI (Third Party Intermediary) Regulation
A Call to Ofgem for TPI Regulation from a Third Party Intermediary

The term TPI can cover energy consultants, energy brokers or price comparison websites, all of which should have a similar goal. But not all are equal; beware the morally bankrupt...........

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14 Fuel Saving Tips for your Business Fleet from Procuright

It's simple: saving fuel ultimately saves you and your business money. We've compiled our top 14 fuel saving tips to help you save. By following these tips you could realise savings of up to ..................

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Creating a Role Vs Outsourcing for Better Procurement in Business

Procurement isn't just large organisations (think NHS) spending millions of pounds on thousands of suppliers as there comes a point within every business whereby they need to start thinking about................

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Business Energy
7 Business Energy Procurement Tips and Tricks as a Guide

It's likely that your energy billing will rise during winter months. Demand is of course greater, which drives up the associated cost. But it's not all down to you using more electric and gas...................

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Giving Away Free Stuff: An Exercise in Brand & Loyalty Building

It is a truth universally acknowledged that we all love getting something for free. This is exactly why you should consider your business giving away free stuff to your customers and potential.........

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Microbusiness Energy Deals
Microbusinesses and Your 4 Tips to Get the Best Business Energy Deals

There are just over 5 million microbusinesses in the UK. Approximately 45% are on default electricity tariffs (which are, on average, 80% higher than a negotiated contract) as well as many achieving poor outcomes in their energy pricing........

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What Can UK Businesses Learn About Spend Management From Martin Brundle?

Martin Brundle did a great feature into the costs and cost management issues within Formula One. And why ultimately, if the costs aren't managed more effectively, it could all come tumbling down. Just like millions of businesses have folded..........

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Currency unpredictability for SMEs based on the EU vote

Three-quarters of UK SMEs that trade internationally, fear currency unpredictability from the EU vote could hamper their growth and profitability in 2016....................

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Parcel, Document, Packet and Pallet Delivery to Germany

Germany has the strongest economy in the European Union and has long been the UK's largest EU export partner country. In 2015, German import and export......................

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procurement blog
Budget 2016 - The "Highlights" affecting SMEs and Corporates

The much anticipated spring budget was announced today. But what are the main points affecting SMEs and Corporates? We've handily compiled them all here.....................

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7 Top Tips for if you're thinking of relocating your business

Are you thinking of relocating your business? Business Cost Saving have 7 top tips to help minimise any risk and of course, realise some cost saving.........................

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ESOS (Energy Savings Opportunity Scheme) audits; What Next?

It has become very clear over the last few months that some UK businesses are sitting on millions of pounds worth of Energy Cost Saving that is simply.......................

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Cost Saving
The EU Referendum and your Exporting and Foreign Exchange

That's it. You've made your decision, you've marked your box and you can now exhale from the extended period of economic breath holding that many were........................

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If You Only Ever Read One Article About Boxes and Packaging..... Read this One

Our clients are continually looking at ways to save money/ reduce spend within their business. But packaging quality and integrity isn't something we'd.......................

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8 Positives about P272, Your Business Electricity Bill and the Opportunities

P272 is the industry name of the compulsory regulatory change for electricity meters in classes 05-08 (often called Max Demand Meters) and as of 5th November 2015.........

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Care Home Insurance
Service and Sector Focus: Care Homes in the United Kingdom and Insurance

With an aging population comes increased care needs, but of course there is a whole host of other care home establishments too including, hospices, nursing homes...........

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5 Ways of Reducing Waste as well as Costs Across your Business

As environmental fears intensify and businesses look to reduce their costs, decreasing the amount of waste they produce has become progressively significant..............

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What could Donald Trump's victory mean for UK business?

The most dramatic US election, in living memory, is over and the result is in: Donald Trump is the president elect of the United States of America.........................

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Brazil Rio 2016
What we've learned in 2016 for better procurement in 2019

If someone had categorically stated on the 1st January 2016 that Leicester City would be Premier League Champions in 5 months, that the UK will vote.......................

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Business Energy Blog
3 Tips for Decrypting the Business Energy (Gas & Electricity) Bill

A typical business energy bill can be a minefield of jargon and unclear terms and conditions. With Government legislations such as ESOS and P272 being.............

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Cyber and Data Insurance to Protect from Breaches and Attacks

As police investigate a "significant and sustained cyber-attack" on the TalkTalk website, the risks from being exposed to mistake or criminal activity............

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8 Good Reasons Not to Mention Christmas

Christmas 2014 was a stormy time for courier companies and retailers alike. Many weaknesses in the UK courier networks were uncovered, the delivery..........

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Cost Saving
Eircodes Have Arrived for Businesses in Ireland

Postcodes are now in use in Ireland for the first time, with the rollout of Eircode, ending the Republic's position as the only developed country.........

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Cost Saving
The £1trillion 2020 Government Export Target

With the General Election just 2 days away now, we've compiled the facts behind where the country's at, with regard to the UK's £1trillion 2020..........

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Got my Costs Down, Now What? 9 Tips to Success

You've run a successful business for some time now; you run a tight ship and reduced your main costs as much as possible, all's good isn't it?.............

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When to Call in an Expert (Our 4 Top Tips and Comprehensive Advice)

All companies come into being to fulfil one purpose, generate the maximum amount of profit in the most efficient way possible. The majority of business owners........

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Cost Saving
5 ways to Manage currency Risk Within a Global Marketplace

We are living in an era where it is becoming a more attractive proposition for SME businesses to become involved in international trade. Government is...............

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