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Issue # 11 · 11th February 2025 Web version

📎 The Procurement Space Weekly

📰 Procurement news

General:

PSC Live Sustainability Event: One Month Countdown - With just a month to go, PSC Live is gearing up for critical discussions on sustainability in procurement. From best practices to real-world case studies, this event is a must-attend for those prioritising ethical and green procurement strategies.

Sophie Rice

Sustainable & Ethical Procurement

Supplier Diversity: Building Resilient Businesses - Supplier diversity is more than a trend—it’s a key strategy for resilience and innovation. This article explores how engaging with a diverse supplier base strengthens supply chains, drives innovation, and supports sustainability goals.

Claire Bosch Zuazo

XPO Logistics Enhances Biodiversity at UK Headquarters - XPO Logistics has launched its Nature Network biodiversity project at its UK headquarters in Crick, Northamptonshire. This initiative aims to create a more sustainable and eco-friendly environment, reflecting the company's commitment to environmental stewardship.

Supply Chain Digital

Rivian Expands Electric Delivery Vans Beyond Amazon Partnership - Rivian's Commercial Van is now available to all U.S. fleets, marking a shift from its exclusive Amazon partnership. This move aims to strengthen last-mile delivery with sustainable solutions, offering businesses an eco-friendly alternative for their logistics needs.

Supply Chain Digital

Marketing & Sponsorship Procurement

Evolving the Marketing Operating Model: AAR & ISBA Report - AAR and ISBA have launched a new report on the changing marketing operating model. It provides key insights into how brands can streamline marketing procurement to boost efficiency and effectiveness in an evolving landscape.

AAR Group

Unilever Signs Major Sponsorship Deal for UEFA Women's Euro 2025 - Unilever is backing UEFA Women’s Euro 2025 with a major sponsorship deal. This move strengthens its brand presence in sports marketing and highlights how global brands are leveraging sponsorship procurement to connect with audiences.

Mi-3

Lead 2025: The Three Elephants in the Room - Nick Manning discusses three critical yet often overlooked issues in the marketing industry: the need for greater transparency in media buying, the challenges of integrating technology effectively, and the importance of fostering genuine diversity and inclusion. Addressing these 'elephants in the room' is essential for the industry's evolution.

Nick Manning

Technology & Innovation Procurement

The Chief Future Officer: Salesforce’s AI Leadership Shift - Salesforce has introduced a new leadership role, the Chief Future Officer (CFO), focused on AI-driven business transformation. As AI procurement becomes increasingly strategic, this move signals a shift in how organisations invest in digital capabilities.

Marcus Law

LG Acquires Restaurant Robotics Firm to Enhance Automation 🦾 - LG Electronics has acquired a restaurant robotics company, marking a major step in automated food service procurement. This move could accelerate AI-driven efficiencies in the hospitality industry, redefining supply chain operations.

Catering Insight

Public Sector Procurement

HS2's People Mover Procurement Sees Significant Progress - HS2 Ltd has shortlisted Poma and Doppelmayr for the design, supply, operation, and maintenance of the Automated People Mover (APM) at Solihull’s Interchange Station. The £269 million contract aims to improve connectivity between HS2, Birmingham Airport, and the NEC. With operations set for 2029-2033, this marks a major step in HS2’s mass transit plans.

Greg Pitcher

Corporate & Retail Procurement Strategies

L’Oréal Groupe Reports 2024 Annual Results - L’Oréal Groupe has unveiled its 2024 results, showcasing strong performance and strategic procurement moves. With sustainability and innovation in focus, the beauty giant continues to refine its sourcing and supply chain approach.

Beauty Packaging staff

Retail Trends 2025: Deloitte’s Latest Insights - Deloitte’s new report outlines key trends shaping retail procurement in 2025. From supply chain resilience to consumer-driven sustainability demands, the report highlights how businesses must adapt in a rapidly changing marketplace.

Deloitte

Five Global Trends in Business and Society in 2025 - INSEAD identifies key trends impacting businesses in 2025, including climate change, geopolitical crises, economic uncertainty, income and wealth inequality, and social instability. Understanding these trends is crucial for developing effective procurement and corporate strategies.

Peter Joos , Katell Le Goulven , and Francisco Veloso

Reports:

Mastering Tail Spend: Unlocking Hidden Value - GEP’s latest report explores strategies for managing tail spend more effectively. It outlines how better control of low-value purchases can simplify procurement, improve efficiency, and drive cost savings. A must-read for procurement leaders looking to optimise spending.

GEP

Navigating Risk: Integrating Procurement and Third-Party Risk Management - Mark Boswell, Director at BearingPoint, discusses the increasing importance of risk management in procurement. He emphasizes the need for procurement leaders to mitigate risks in areas such as digital resilience, AI ethics, and sustainability, especially in light of new regulations like DORA and CSRD.

Mark Boswell


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Curated by Jade Wigmore

📎 The Procurement Space ltd