Empowering & Transforming the Procurement Professional – April ’17 News

Supply.ie in partnership with IDD Consulting present the iDDea Academy. iDDea have a forward-thinking approach to transferring knowledge, to deliver up to date procurement training relevant to Irish Buyers’ learning needs.
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iDDea bring relevancy of varying industry and sector insights into their training workshops. Such training combines evidence-based learning with peer-to-peer engagement that accelerates learning, retention and application. This methodology emphasises getting results in the real world! iDDea incorporate new ideas based on the latest research to c
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ntinuously strive for effective and efficient impact, while placing the participant’s competencies at the centre of each training module

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The first step is to assess your current procurement ways of working across 5 different levers – process, people, technology, knowledge and culture, which will diagnose an appropriate Training Plan, leading to appropriate avenues such as workshop training, Certificate/Degree/Masters Qualifications etc. iDDea develop bespoke courses specifically to your needs, built on this initial self assessment of your procurement competencies (with full details of these Assessments here).

iDDea Training Programs

 

With regards training programs, iDDea currently have 12 procurement courses (with further details of each program available online here)

 

  • The Strategic Sourcing Cycle
  • Data Analytics
  • Category Management
  • Sourcing and Tendering
  • Contract Management
  • Supplier Relationship Management
  • Procurement KPI & Value Reporting
  • Sustainable Procurement
  • Lean Procurement
  • Procurement for Sales Teams
  • Negotiation Skills
  • Digital for Procurement
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Ability to offer Tailor-made Courses & Workshops

 

Tailor-made courses are designed to meet the specific challenges, requirements or opportunities within a business, bespoke to each client. iDDea’s bespoke courses can range from specific competencies development, operational process optimisation to strategic procurement transformation, delivered to suit your preferred location and dates, and are very cost-effective when more than 6 attend the workshop. Contact iDDea directly to discuss; www.iddea.ie/contact.
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Book Now & SAVE 10%*

 

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As always if you have any queries regarding the above Procurement Training, do not hesitate to contact us, while wishing you Happy Easter from all at supply.ie.

*Valid until 30/04/2017 (mention Supply.ie while booking for a 10% discount)

 

 

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2017 Procurement Research

What concerns have Irish SMEs about Brexit, Trump, Blockchain etc ?
The 2017 Arvo Procurement research was developed to collate responses from Irish SMEs to clarify the impact from Trump policies, technological advances such as Blockchain, plus the true fallout from Brexit. Ratings agency Moody’s recently sounded a warning note about the threats to the Irish economy from Brexit and the Trump administration, particularly as Ireland was the “European country most exposed” to the two factors. The agency says the changing international environment are “key risks” for Ireland’s otherwise improving circumstances, while Brexit could be more disruptive to Ireland than initially thought (due to the hard exit outcome currently being negotiated).

 

With regards the survey findings;

  1. 100% of the Irish SMEs think that their insurance costs will increase in 2017, what about you?
  2. 26% of the Irish SMEs think that Brexit will increase currency costs and so impact their business
  3. While the top “2017 Priorities” for Irish SMEs are revenue growth and profit growth.;

The majority of Businesses surveyed during this research;

    1. Do not have a procurement function or role within their companies
    2. Do not have a budget for procurement systems and training
    3. While tasks relating to “banking and payments or documentation, order process” are potentials to automate today.

 

To review the complete report, please use this download link: http://bit.ly/2msMirM

 

 

As always please feel free to contact us if you have any queries about this survey and any procurement challenges or opportunities within your business.

 

Reduce Lighting Costs by 90%

 

 

 

 

 

 

Are you bombarded with LED Lighting Sales Reps? Are you confused by LUX Levels, Lumen Outputs, Carbon Credits, LED RoI/Savings etc?

We can help.

We have worked numerous clients over the past 6 years, undertaking detailed Lighting Audits, comparing the marketplace on your behalf to save you time, money and hassle. The service specifics and investment for our Lighting Audits are as follows while we welcome any queries you may have about reducing your Lighting Costs;

Full technical lighting audit – fixed price of €495* (per site)

 

  1. Walk down of site to gather technical information on the existing lighting system.
  2. Manage professional tender to lighting suppliers for energy efficient lighting quotes.
  3. Presenting Lighting Audit Report & Recommendation i.e technical findings, cost benefit analysis, ROI e.t.c.

 

Thereafter, on go-ahead with an LED Proposal, we are available at a daily rate too;

  1. Apply for Carbon Credit rebate (to reduce your costs)
  2. Sourcing appropriate Electrician (if required)
  3. Project Management the Lighting installation
  4. Verify Lighting installation & provide final report

 

In case you did not know, the benefits to light-emitting diode (LED) are;

  1. Reduce Lighting Costs (by up to 60%)
  2. 5 Year Warranty
  3. No Maintenance Costs
  4. Improve Light Output
  5. Lighting can be financed over time, funded from your future savings and carbon credits, ensuring minimal-to-no CAPEX requirement.

As always feel free to contact us if you have any queries relating to the above.

*Price excludes VAT & travel costs (which may apply) 

 

Posted in Energy Savings Newsletters by david. No Comments

Brexit & Your Supply Chain in 2017

 

 

Focusing on Brexit for now and the potential impacts to your business, the people of Britain voted for a British exit, or Brexit, from the EU in a historic referendum on Thursday June 23 2016. This has resulted in 2 potential outcomes for the UK :

 

1 Hard-Brexit

Essentially, it all boils down to trade. If the UK does not agree a deal that continues “tariff-free” trading with the EU single market, then it will be seen as having opted for a hard exit.

 2 Soft Brexit

In direct contrast to a hard Brexit, a soft one would not involve giving up most of our current free trading arrangements when UK leave the EU.

 

 

The most visible, and probably the most important, immediate economic casualty of Brexit, however, has been the value of Sterling.

 

 

Impacts

  • The UK border agencies would charge import duties and also collect VAT on the imports.
  • Despite Brexit, the UK will need to comply with EU data protection laws
  • The transfer of data from EU member states to the UK will likely become more complicated.
  • UK growth is expected to slow considerably in 2017, as the consequences of the Brexit vote place increasing pressure on the UK economy

 

As in all situations, this will impact some industries and businesses more than others. If you supply to, or import from, one or more of the following sectors, you can expect change in your supply base from 2017 :

You can look at your 3-5 year strategic plan because that’s going to have to be adjusted for the fact that the UK will have a new relationship with the EU, we just still don’t know what it’s going to be.

We recommended that Irish businesses with significant interests in the UK or large exposure to Sterling, should at the very least initiate their own internal discussions at board level to consider their options should problems arise vis a vis that market.

As always, please do not hesitate to contact us if you have any queries, while we wish you and yours a Peaceful and Prosperous Christmas & 2017.

Increasing Insurance Costs in Ireland 2016

In the last year, more than a third of Irish drivers have seen their insurance rise by up to 50%. Unfortunately, insurance costs continue to increase this year and we are expected to see a further rise of 10 to 15 per cent before the middle of 2017.

 

 

 

Majority of people have a car or house insurance so you might be concerned about increasing insurance costs.

Let’s have a look at some of the reasons behind insurance price increases.

What is happening is that insurance companies are applying general rate increases in an attempt to offset overall underwriting losses caused mainly by:

  • Increase in number and cost of Liability Claims
  • Increase in motor accident claims frequency and costs
  • Severe weather events and lack of attention to property risk management
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The Liability situation is more complex and more volatile. Several factors have led to rate increases and a reduction in insurer capacity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

With a number of insurance fraud on the rise Garda has recently arrested 26 people who organised fraudulent insurance claims related to car collisions. There are some actions being taken to take back control over insurance market.

 

 

 

 

As always feel free to contact us if you have any queries regarding your insurance costs.

 

 

Posted in supply.ie by david. No Comments

CIT Savings – October’16 News

Even though the business world is becoming increasingly paperless with electronic and wireless transactions, cash is still playing a big part in everyday business and has to be physically moved from one location to another.
This is particularly true for SMEs.
Cash in Transit services could not only minimise the risks associated with lodging big amounts of cash to the bank but also turn out to be a cheaper alternative and bring in some savings.
We have recently seen an example of a pub in Galway saving almost €1000 in bank fees when availing of cash in transit services. You can read about it in more detail here.
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Some additional benefits of switching to Cash in Transit:
  • The convenient collection and delivery of cash, saving you time and money
  • A reduction in risk and improved the safety for your customers and staff
  • Reduce the exposure of uninsured cash losses
  • Possible reductions in your insurance premium
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What Costs Do You Want to reduce?

Energy     Telecoms      Fuel     Logistics     Travel


 

Yours Sincerely,
Mike McGrath
Managing Director
www.supply.ie :: Saving Time, Money and Hassle with Smart Supplier Sourcing

Posted in Newsletters by david. No Comments

Roomex Reminder – September’16 News

Are Travel Costs a large portion of your Overheads?
Do Trade Shows, client visits, training days, seminars etc. add to your uncontrollable Travel Costs?
Unfortunately this is a concern as travel costs are on the increase.

As predicted by global travel experts hotel rates are increasing 4-6% on average globally by growing demand and decreased new supply. Domestically, the prices are on a rise as well as according to recent report by PwC, the average daily rate for a room has risen to €120.90 in Dublin in 2016, and is forecast to hit €130.60 next year. That would mark a return to 2007 levels. What is more, Dublin has a third of Ireland’s hotel rooms and yet occupancy is running at 82%.
Therefore, we believe this is a perfect time to remind you that we have partnered with Roomex to bring you discounted hotel rates at over 550,000 hotels worldwide.

To avail of these corporate discounted rates, simply book through this link:


Roomex have 10 years’ experience sourcing lower global hotel room rates for over 300 corporate clients such as Musgrave’s, Sisk, AIB, Topaz, CarTrawler, Dairygold, Kepak, Mercury Engineering, KN Networks and many more, so we are now delighted to jointly bring you a platform where Irish SMEs can leverage deep discounts on room rates also.
As always, do not hesitate to contact us if you wish to professionally reduce any non-wage related Overhead Cost. Take note of our Travel Advice to reduce your Travel Costs
What Costs Do You Want to reduce?
Energy     Telecoms      Fuel     Logistics     Cash-in-Transit

                                    

 

Yours Sincerely,
Mike McGrath
Managing Director
www.supply.ie :: Saving Time, Money and Hassle with Smart Supplier Sourcing

Posted in Newsletters by david. No Comments

How to reduce your Travel Spend

 

If you are a company where travel spend takes up a big chunk of your overhead costs you might be a bit concerned about current business travel trends.

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As predicted hotel rates will be driven up 4-6% on average globally by growing demand and decreased new supply. Domestically, the prices are on a rise as well.

According to recent report by PwC the average daily rate for a room has risen to €120.9 in Dublin in 2016, and is forecast to hit €130.6 next year. That would mark a return to 2007 levels. What is more, Dublin has a third of Ireland’s hotel rooms and yet occupancy is running at 82%.

Increasing room rates can lead to higher travel expense if you take business trips on a regular basis.

Therefore, we believe this is a perfect time to remind you that we have partnered with Roomex to deliver a hotel booking engine with vast corporate discounts built in for business travellers. So next time you or a colleague are booking a hotel room, check out supply.roomex.com and compare the savings you will make.

Roomex have 10 years’ experience sourcing lower global hotel room rates for over 300 corporate clients such as Musgrave’s, Sisk, AIB, Topaz, CarTrawler, Dairygold, Kepak etc., so we are now delighted to jointly bring you a platform where you can leverage deep discounts on room rates also.  Thankfully the room rates are ‘selling themselves’ with great testimonials and word-of-mouth e.g.

“supply.roomex.com came on my radar at an opportune time as I was booking Aghadoe Heights in Killarney on Booking.com. It was €239 for one night. When I used supply.roomex.com I got it for €150 per night and of course ended up booking two nights as a result :o )! “

 

To avail of these corporate discounted rates, simply book through the free-to-use link below:

https://supply.roomex.com

 

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While as always, contact us if you wish to professionally reduce any non-wage related Overhead Cost

 

Discounted Hotel Room Rates

Posted in B2B Deals by alicja. No Comments

Reduce Bank/Cash Fees

 

Case Study: Galway Pub Cash-In-Transit Savings

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A publican in Galway wanted 2 collections per week and had banked €1.2million in cash over the last 12 months with AIB. Coin was not an issue as he exchanged notes for coin with a local retailer and it did not cost him a penny.
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With €1.2 million in cash banked through AIB, the bank charged him 0.45% or 45c/€100 to lodge manually (1.2m x 0.45% = €5,400 in bank fees).

However, considering the favorable location, the pub now has 2 weekly collections for an all-inclusive rate of 37c/€100 or €4440 per annum.

While the savings equate to almost €1,000, staff do not have to go outside the door or queue at the bank or even assume the risk of getting robbed by going to the bank – absolute no-brainer!

 

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Wipeout – July’16 News

Are you a business frequently ordering cleaning supplies and thinking of reducing your spend?
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As always cutting costs can be one of the easiest ways to increase profits and should not be overlooked.
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Some helpful tips on reducing cleaning spend include:
  • Purchase in bulk or buy concentrated products
  • Use controls and sensors to limit product usage
  • Clean more frequently
  • Use multi-surface cleaning tools
  • Use re-usable products

Supply.ie have partnered with Wipeout.ie an Irish owned cleaning company offering promotions every month, for example BOGOF (Buy-one-get-one-free) on Brillo pads for any business.

Visit our website to find out more details on July’s special offers.
Yours Sincerely,
Mike McGrath
Managing Director
www.supply.ie :: Saving Time, Money and Hassle with Smart Supplier Sourcing
Posted in Newsletters by david. No Comments