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The future of energy

La impresión 3D toma formaThe latest report produced by BP (Energy Outlook 2035) offers some clarity on the biggest global energy trends, as well as local ones in the following geographical areas: Africa, Brazil, China, the US and the rest of North America, India, the Middle East, the European Union and Russia.

World consumption of energy will increase by 41% between now and 2035. Of that increase, 95% is expected to come from emerging economies. Increased energy efficiency is one of the factors enabling moderation of that trend.

There is confidence that energy production will be capable of maintaining this rhythm of growth, largely thanks to new forms of energy.

Global risks report 2014

Global risks report 2014Ukraine crisis is another example of how global risks are increasingly affecting us locally.

According to the latest World Economic Forum report, global risks are not just interconnected but also systemic. The report analyses 31 global risks that can affect any of our operations. The full report can be found here.

Understanding these risks allows their effects to be mitigated. The ten most important risks identified are:

1. Fiscal crises in key economies
2. High structural unemployment/underemployment
3. Water crises
4. Severe income disparity
5. Failure of climate change mitigation and adaptation
6. Greater incidence of extreme weather events
7. Global governance failure
8. Food crises
9. Failure of a major financial mechanism/institution
10. Profound political and social instability

3D printing takes shape

3-D printing takes shape3D printing technology has evolved considerably. It is now capable of working with multiple materials (besides plastic) of a larger size, with greater precision and speed, and all at much lower costs than a few years ago.

This flexibility is making it a viable alternative to many productive processes. McKinsey estimates that this sector could generate $500 billion a year by 2025.

Specifically, McKinsey identifies five big changes it is necessary to prepare for: accelerated product development cycles; new manufacturing strategies; shifting sources of profit; new capabilities, and new competitors.

For procurement areas, a whole range of possibilities is opening up to bear in mind in the sectors affected, from the possible cost savings on materials and parts used, to storage and transportation. It is without doubt a trend to keep an eye on. For more details, read this interesting article by McKinsey: 3-D printing takes shape.

Abrupt changes in the legal market

Abrupt changes in the legal marketSince 2008, the legal market has been governed by consolidation: law firms have sought economies of scale through acquisitions and mergers.

However, according to the latest report by Georgetown University and Thomson Reuters (Report on the State of the Legal Market 2014), for the vast majority of firms, being bigger does not mean being better.

It is a double edged sword. On the one hand, being bigger generates larger infrastructure costs. On the other, it allows more complex issues to be managed. Nevertheless, according to the report, a law firm with between 200 and 500 lawyers is large enough to handle those more complex issues.

Alongside this new paradigm, the most important market in the world (in the US) has remained level during 2013. So, to stay competitive, it becomes critical for law firms to manage their personnel and indirect costs correctly.

Procurement events in 2014

Procurement Events 2014To make contacts, to understand the latest trends, or simply to enjoy a cocktail with colleagues.

The reality is that procurement events allow professionals to be in contact with the market.

If you are in the world of procurement, this selection of events in 2014 we have put together will be of interest.

Europe
4 March, eWorld Purchasing & Supply, London.
31 March – 2 April, ProcureCon Indirect, London.
8-10 April, Ariba Live, Rome.
24 September, eWorld Autumn, London.
October, CIPS annual conference, London.
5-8 November, ProcureCon Europe, Amsterdam.

Latin America
19-20 February, Compras & Suprimentos, São Paulo.

North America
18-20 February, ProcureCon Indirect East, Charlotte.
17-19 March, Ariba Live, Las Vegas.
17-19 March, ProcureCon Canada, Toronto.
1-3 April, SIG Global Sourcing Summit, Nashville.
5-7 May, ISM2014, Las Vegas.
15-17 September, ProcureCon Indirect West, Phoenix.
14-16 October, SIG Global Sourcing Summit, Denver.

Unlocking the NHS’s procurement potential

Unlocking the NHS's procurement potentialThe year 2013 might go down in history as the most challenging year yet for Britain’s National Health Service (NHS).

It has seen the introduction and go-live of a fully revamped commissioning structure in which primary care trusts are ceasing to exist, replaced by commissioning groups tasked with procuring key products and services needed at the “front line”.

This responsibility is expected to result in a steep learning curve for commissioning groups, which to date have had only limited exposure to, and experience of, the commissioning side of healthcare.

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EBITDA: Sustainable Savings vs. Crisis

Generating sustainable savings, especially in a context of economic crisis, is not rooted in reducing daily costs (coffee, toiletries , transport) or supplier margins, and much less in letting personnel go, but rather in refocusing the demand management, taking advantage of the organisation’s resources and projecting them over time.

How we appear in the Mexican media?

The newspaper Reforma highlights in its March 6, 2012 edition the specialised cost management service that Aquanima offers its clients, with tangible increases in profitability through scost optimisation.

Germán Quevedo on Canal 40

What do we spend on, how do we plan it and how do we control it? Evaluating what supplies are needed in the company, what their impact is and how to negotiate prices and conditions has a significant bearing on profitability. Performing these evaluations via outsourcing has the benefit of the experience and technology of companies like Aquanima.

Global spending management: the road to profitability

When utility decreases despite increasing sales, it is probably due to increased costs, whether they are supply costs or external resource costs. External resource management is where the procurement area can make a positive difference for the company’s profitability.