Richard McIntosh

Inflation and risk

Procurement in the new world of inflation and risk

Procurement 2022. The new world of inflation and risk The CPO as inflation mitigator and risk manager The world just changed. In the two decades preceding the 2020s, the themes of procurement were driven by cost reduction, low-cost country sourcing, lean supply-chains, and an over-riding fundamental concept of year-on-year savings. Procurement professionals had…

Webinar: Stop talking, start doing: How to make Sustainable Procurement real

Webinar: Stop talking, start doing: How to make Sustainable Procurement real COP26 has highlighted that it’s time to stop talking and start doing when it comes to sustainability. If you missed our webinar on Sustainable Procurement: Stop talking, start doing you can watch the replay here:

This webinar enables you to develop your…
Procura adds to team

Procura expands senior leadership team in UK

NEWS Procura expands senior leadership team in UK James Ball joins as Partner in London office Procura Consulting, the leading specialist procurement and supply chain consultancy, is delighted to announce the expansion of its senior leadership team and further growth of its operations in London. Richard McIntosh, Managing Partner of Procura said; “I…

Private Equity and Procurement Excellence – from Cost Cutting to Value Creation

Private Equity and Procurement Excellence – from Cost Cutting to Value Creation Private Equity firms are taking an increasingly sophisticated approach to procurement in recognition of its value-creation capabilities. In this interview for Private Equity International Brendan McVeigh, Anna Nuttall and Richard McIntosh explore how procurement best-practice has shifted from simple cost reduction and…

Horizontal leverage; How Cross-Portfolio Procurement is the solution to Private Equity’s Mid-Life Crisis

The Harvard Business Review has stated that Private Equity has a problem. The June 2021 article by Karim Khairallah and François Mann Quirici  is aptly titled Private Equity’s Mid-Life Crisis and calls time on the diminishing returns from traditional approaches of just buying, improving and selling a company. The next frontier of Value…
MCA AWARDS

Procura finalists in 2021 MCA Awards

Procura finalists in 2021 MCA Awards The MCA have announced the finalists for the 2021 Awards and we are delighted to have been shortlisted in two categories. We are very proud to be listed as finalists for the 'Best International Project, alongside EY, Deloitte and PwC. Being shortlisted is great recognition for all the effort and the outstanding results…
World globe

The impact of covid 19 on global sourcing strategies

The perspectives of procurement leaders have shifted. Before the pandemic, strategies were orientated towards global sourcing and the key trend in procurement was digitisation. The outlook for 2021 is radically different. Procurement has gone tactical and the focus is now on rapidly securing supply, mitigating risk and reducing cost. There is also a marked…
Zoom Call

Best practice for negotiating remotely

Best practice for negotiating remotely Best Practice for Negotiating Remotely – How can we take advantage of the new normal? With the reinstatement of lockdowns and travel restrictions, the new normal is about doing business remotely, and this applies more than ever to negotiating. Whereas, previously, key negotiations would have been conducted face-to-face, remote…
Private equity carve out

Private Equity; Carve-outs & Procurement capability

Private Equity; Carve-outs & Procurement Capability With high valuations on direct acquisition targets, Private Equity is turning its focus to 'Carve-Outs' of existing businesses to generate value. 'Carve-Out Transactions' - the divestitures (or sales) of divisions or business units—have to clear higher hurdles for success than typical mergers and acquisitions because they are often…

Four procurement Key Performance Indicators every Board should be measuring

Many executive boards have no understanding of how good (or bad) their procurement function is With the cost of bought-in goods and services contributing up to 70% of an organisation’s costs, procurement is a key lever to improve profitability. In this challenging business environment Procurement Excellence has become a strategic necessity and a driver of…