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Issue #12 · 18th February 2025 Web version

📎 The Procurement Space Weekly

We've just listed our first job opportunity on The Procurement Space! 🎉 This is something we’d love to expand—connecting our community with targeted procurement roles at companies with exciting procurement teams. Check out the listing here: Indirect Category Manager at Rank Group PLC
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📰 Procurement News

Public Procurement & Policy:

Major Changes in Public Procurement Under New Act - The Public Procurement Act 2023 introduces key reforms to improve transparency, efficiency, and SME access, reshaping procurement strategies for buyers and suppliers.

William Curry

Government Encourages SMEs in Public Procurement - The UK government has issued new guidance to public agencies, urging them to prioritise SMEs in procurement processes. This initiative aims to boost economic growth and social value by making it easier for SMEs to secure public sector contracts.

Richard Tyler

Supply Chain & Trade Disruptions:

Cocoa Prices Soar, Pressuring Supply Chains - Soaring cocoa prices are squeezing confectionery giants like Mondelez and Hershey, as supply chain disruptions and climate change drive up costs. Making treats more expensive per bite?

Supply Chain Dive

Metal Tariffs Hit Can Makers Hard - Proposed aluminium and steel tariffs threaten can manufacturers with rising costs and supply chain disruptions, potentially driving up consumer prices.

Supply Chain Dive

Sustainability & ESG Initiatives:

DP World's Carbon Insetting Reaches 10,000 Containers - DP World has offset emissions for 10,000 containers using biofuels and sustainable logistics, reducing supply chain emissions at the source rather than relying on traditional carbon offsets.

Procurement Magazine

EU Sets New Standards for Hotel Sustainability - New EU regulations will standardise how hotels measure and report sustainability, increasing transparency and pushing the industry towards greener practices.

Business Travel News Europe

Market Trends & Industry Insights:

Global Economic Outlook: Key Trends to Watch - Deloitte’s latest update highlights inflation trends, supply chain disruptions, and geopolitical risks, urging businesses to stay agile in an evolving market.

Deloitte

The State of Fashion 2025: Navigating Uncertainty - The global fashion industry is bracing for a tumultuous 2025, marked by economic uncertainty, shifting consumer behaviours, and regional disparities. To find growth opportunities, brands must adapt to these challenges, focusing on localisation, pricing strategies, and enhancing customer experiences.

McKinsey & Company

In Brief:

What It Takes to Be a Leader in 2025 - As workplaces evolve, leadership requires adaptability, resilience, and the ability to juggle multiple challenges simultaneously. This article explores the traits and skills necessary for successful leadership in an era of rapid technological advancement.

McKinsey & Company

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Curated by Jade Wigmore
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