Procurement News, Opinions and Latest Market Leads

Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Most remote workers don’t want to return to the office, so it’s essential to consider the work environment changes that businesses must adapt to. The post-pandemic work environment is an obstacle with various challenges to overcome. Post-pandemic work is almost synonymous, at this point, with a […]

Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Brexit has dramatically changed the UK’s import and export-dynamic. Pre-Brexit trade predictions estimated a 15% decline in UK imports and exports. However, several factors skewed this outcome. First, UK goods trade with the EU fell by more than 30% at the start of 2020 (Compared to 2019) and […]

Fact checked by Eddie Regan, BiP Solutions Principal Procurement Consultant Almost a full third of UK businesses do not have an inclusivity and diversity strategy. There are gains that you can make here, both for the sake of ethics and to make strides in sustainability in business. At first glance, diversity and sustainability might not […]

Approximately 250,000 public authorities in the European Union spend 2 trillion pounds or 14 percent of the Gross National Product purchasing works, services, and supplies. Oftentimes, public authorities buy services such as energy, transport, social protection, waste management, and health or educational services from private entities. When the government purchases goods and services from private businesses, […]

While the events of the pandemic created a number of new arguments, reckonings, and theories, one concept that was revisited for the umpteenth time was that of shorter working weeks. A reduction to four-day weeks or even five-hour days – sounds ideal, doesn’t it? While it might be the perfect solution for employees who have […]

By 2031, Generation Z’s income will exceed that of Millennials. That’s a lot of purchasing power! So, how will this younger generation’s approach to spending differ from their predecessors? As digital natives, Gen Zs are used to instantaneous gratification. They expect to be able to find what they’re looking for quickly and easily online. This means […]

In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. The popularity of government contracting is a testament to how beneficial the process can be for your […]

The second round of applications for the government’s Levelling Up Fund is now open. This second round of funding is open to councils across the country as part of the flagship Levelling Up Fund, designed to improve the lives of people in all corners of the UK. Councils can apply for funding for projects that […]

El Salvador has accepted Bitcoin as legal tender across the country. Despite the speculation surrounding the recent drop in the value of digital currencies like Bitcoin, plenty of people consider it a realistic alternative to Fiat currency. Is it realistic to integrate digital currencies with Fiat or use them as an alternative? Well, there are solid arguments […]