May 17, 2020

UK IT procurement could see changes

Supply Chain Digital
IT
Information Technology
IT Procure
Freddie Pierce
2 min
Liberal democrats in the United Kingdom are pushing for a major office that would manage all IT procurement projects
Government IT procurement could undergo a major overhaul in the United Kingdom. Liberal democrats, including Nick Clegg, are pushing for a government o...

Government IT procurement could undergo a major overhaul in the United Kingdom.

Liberal democrats, including Nick Clegg, are pushing for a government office that will manage procurement for major IT projects. According to the proposal, the government body would oversee all procurement operations and promote collaboration between government departments.

The proposed procurement plan prioritizes increasing small and medium-sized business involvement in public sector IT contracts.

“The coalition government has introduced an aspiration that 25 percent of all government contracts should be awarded to SMEs, but we believe that in IT procurement this could be increased yet further,” the proposal said.

According to SupplyManagement.com, the movement is part of “a larger aim of the (Democratic) party to try to close the government skills gap.”

The next step in the litigation is to have the proposal lobbied to be adopted by the government.

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In related news, the UK government is expected to announce this week that it is doing away with the NHS National Programme for IT after it was concluded by the National Audit Office and the Committee of Public Accounts (PAC) that it provided very little value for the investment.

“It is deeply worrying to hear that NAO ‘has no grounds for confidence’ that the remaining planned spending on the care records system will provide value for money,” PAC chairwoman Margaret Hodge said.

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Jul 19, 2021

Vizibl: The Future of Supplier Relationship Management (SRM)

Vizibl
Procurement
SRM
supplychain
3 min
How Vizibl is pioneering the future of SRM with more open and collaborative relationships between procurement organisations and their suppliers

Even the best procurement team on the planet can only derive so much value from their suppliers by tinkering with spreadsheets or negotiating another half-percent-per-unit from a regular bulk-buy. 

The value of relationships count in today’s fast-paced and disrupted business environment, where partnerships, future efficiencies and risk mitigation are just as vital a measure of an organisation’s maturing procurement organisation as overhead reduction.  

A recent McKinsey survey into 100 large organisations found that the more cooperative an organisation, the more financially competitive it could become. "Companies with advanced supplier-collaboration capabilities tend to outperform their peers,” it found, but also admitted that this value is not a simple thing to access. 


Visibl is a company built from the ground up with the philosophy of ‘delivering mutual value' in mind. Its digital procurement platform is designed to place collaboration at the centre of supplier relationships. Greater transparency for all stakeholders not only simplifies and quantifies contractual obligations, but also provides opportunities to discover and align on common goals and business objectives.

How does Vizibl’s platform work? 


Vizibl’s supplier relationship management platform feeds off data. By leveraging data from existing enterprise applications such as ERP, P2P, risk management, or project management systems, all stakeholders can share a central source of truth. The result is greater transparency, visibility and accountability on both sides of a contract. The platform is divided into several focus areas: 

  • Vizibl Relationships: This system helps organisations move beyond transactional interactions with their suppliers, instead building trust and applying a governance framework that is both scalable and consistent to better support core business objectives. 
  • Vizibl Workspace: Operating in one virtual workspace removes friction in collaborative endeavours and aligned initiatives. Vizibl Workspace enables partners to drive goals together, whether improved cost-savings, ESG commitments, new product launches or boosting operational efficiency. 
  • Vizibl Reporting: Measuring results is critical in achieving business objectives, forward planning and risk management. This system helps business leaders leverage actionable data to quantify and drive initiatives, support and mange supplier performance, and understand true ROI. 



Key Vizibl customers: Heineken, Vodafone, Astellas 

“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience”

Speaking to SupplyChainDigital.com earlier this year in June, Mark Perera, CEO and co-founder of Vizibl said: “We work with companies across multiple industries, but regardless of sector, we really see agility and resilience as overarching topic areas in the supply chain. From a resilience perspective, that’s both in terms of operational resilience, but also strategic resilience; we see organisations looking at implementing the desired levels of flexibility and the ability to change with demand, as they look towards the future of their company.”

“Gartner lists supplier collaboration as supply chain leaders’ number one focus to solve for agility and resilience,” he added. “The mindset and process change to switch to a supplier collaboration model will be a challenge for organisations that are falling behind.” 

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