Proxima — See the change

Insight & opinion

 

Spend Matters: Proxima - a provider to know in 2015

SpendMatters: Proxima - a provider to know

Spend Matters highlight Proxima as a Provider to know in 2015. Discussing our services and overall approach to procurement, Spend Matters note that "Proxima is certainly a firm to have on your shortlist for pretty much any procurement outsourcing opportunity".

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Proxima secures $40m in new contracts and sees significant growth in procurement consultancy services

LONDON, UK and CHICAGO, IL – February 23, 2015 – Proxima, a leading international procurement services provider, announced today that the company has kicked off the year by securing $40 million in new contracts and has increased its spend under management by a further $1.5 billion. Additionally, the company is turning its attention to growing its procurement consultancy services in response to demand from clients who are continuing to recognize the contributory value of procurement operations to corporate profitability and overall organizational health.

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Financial Times: BDO revenues rise above $7bn for first time

Financial Times: BDO revenues rise

The auditor BDO has seen larger revenues than ever before this year. The Financial Times discusses how Proxima's research into the UK audit market can explain this rise.

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BBC News: Procurement firm Proxima creates 68 jobs in Cwmbran

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Proxima, supported by the Welsh Government expands its Cwmbran office.

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The realization of Corporate Virtualization

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Jon Hansen, Editor for Procurement Insights talks with Proxima about the trend of Corporate Virtualization, and it's impact on business.

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Spend Matters: Top 50 providers to know

Proxima media mention; Spend Matters

Spend Matters recently announced that Proxima featured in the top 50 providers to know for 2014. 

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OC&C: Retail nation

Proxima media mention; OC&C

OC&C and Retail Week recently collaborated to provide a report on the UK's retail industry. Proxima's latest research around corporate virtualization was featured to help understand the figures behind retailers' spend.

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Chief Executive.net: The ‘Celebrity’ of CEO salary

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Getting your extended enterprise working as one. Harmonising your suppliers and your business objectives

Proxima image; Guy Strafford

The modern business now consists of a small central core conducting a large virtual orchestra of suppliers. 

The maestro leading this symphony is procurement.

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The broken bridge between business need and business supply

Supplier Management

On average, two thirds of any business’ activities today are performed outside of their organization by third party suppliers (see this research for more detail).  And it’s a growing trend.

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An example of the catalytic approach in action - the container (US)

This animation explains Proxima’s concept of Catalytic Thinking, by looking at how one man thought big and used the Catalytic Approach to challenge behavior and in doing so ended up reinventing global shipping.

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Catalytics: A new level of thinking applied across your business (US)

 

This animation explains Proxima’s concept of Catalytic Thinking, by looking at how one man changed furniture retailing forever by thinking about his customers’ behavior and answering their needs.

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Some important questions for business leaders (US)

Hear why the conventional approach of beating up suppliers and pushing them away means there is real and untapped value sitting in companies across thousands of suppliers.

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Commitment Matters: Have procurement practices been self-defeating?

Proxima media mention; Commitment Matters

Tim Cummins' assessment of procurement over the last 10 or 15 years, looks at many proclaiming the birth and maturing of the ‘procurement profession’ and predicted a steady rise to ‘the top table’. But in truth, how much progress has been made?

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Spend Matters US: Procurement BPO with a category and customer-intimate twist (part 2)

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The changing nature of business (pt 2): Economics remodelled

Proxima blog

Economic models use a sequence of assumptions and simplifications to describe how the world works - or more specifically to explain human behaviour.  Recently, economic models have received a bashing for their inability to accurately offer clarity around major global economic events.  Putting another nail into modern economics seems a slightly vindictive task, as there are so many nails in there already it is hard to know where to put another…..  But I’'m going to have a go anyway.

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Spend Matters US: Procurement BPO with a category and customer-intimate twist (part 1)

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Spend Matters UK/Europe: Proxima report emphasises the importance of procurement

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Horses for Sources: Matthew Eatough approximates his US strategy

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Proxima increases annual client spend under management by $3 billion at the half year

LONDON & CHICAGO, June 25, 2012: Proxima, the leading procurement services provider, today announces that it has secured several major new client assignments during the first half of 2012, including significant new arrangements in the US, and several contract renewals.

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Huffington Post UK: New outsourcing destinations emerge as companies cut costs

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Right To Play: Proxima gold rush for Right to Play charity

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buyingTeam becomes Proxima today

LONDON, UK – 20 FEBRUARY 2012.  Proxima, Europe’s leading procurement services provider, has today completed its brand transition and its new online presence is now live.

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Horses for Sources: More P's and less Zzzz's - say hello to Proxima

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Proxima expands into North America as it opens Chicago office

CHICAGO, IL – 13 FEBRUARY 2012. Proxima, Europe’s leading procurement services provider, has today announced the latest step in its expansion plans with the opening of its first office in the United States.

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The face of Proxima: an overview of our new creative elements

proxima-blue-background

Week two into our transition to our new brand at Proxima, we continue to hear positive feedback and comments. Today we thought we would offer some insight into the creative aspects of our new brand identity.

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Proxima: the rationale behind our new brand

Guy-New

On Monday 30 January 2012, buyingTeam announced that it was transitioning to a new brand name and identity - Proxima. I have received an influx of commentary around the new name and I thought I would take some time to explain the rationale behind the Proxima brand name.

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Spend Matters: Procurement outsourcers buyingTeam become Proxima

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Change in the procurement services sector as buyingTeam becomes Proxima

LONDON, UK - 30 JANUARY 2012: buyingTeam, Europe’s leading provider of end-to-end procurement services, announces today that it is to transition to a new brand and, from 20 February 2012, will be known as Proxima.

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ANNOUNCEMENT: buyingTeam to become Proxima

LONDON, 30 JANUARY 2012: buyingTeam, Europe'’s leading provider of end-to-end procurement services, announces today that it is to transition to a new brand and, from 20 February 2012, will be known as Proxima.

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Proxima's Guy Strafford appointed to Board of CIPS

LONDON, UK - 28 November 2011. Proxima, Europe’s leading procurement outsourcing specialist, is pleased to announce that Guy Strafford, Chief Client Officer, has been appointed to the Board of the Chartered Institute of Purchasing & Supply (CIPS).

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Redefining procurement series: Procurement outsourcing (part 3) – your options

Conventional-Procurement

Last week's post, in the Redefining Procurement Series, discussed why you should even consider outsourcing procurement. The post finished with the challenge most procurement teams face when looking to drive maximum efficiencies and value out of indirect expenditure. This post will take a comparative look at the options available for managing indirects effectively.

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Redefining procurement series: Outsourcing

Conventional-Procurement

We are quickly approaching the end of our Redefining Procurement Series, with the final chapter focussing on Procurement Outsourcing. Today's post aims to set the scene for the subsequent posts in the final chapter.

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Proxima's Ian Thompson elected CIPS Councillor for South East Region

LONDON, UK – 8 August 2011. Ian Thompson, Managing Director Support Services at Proxima, Europe’s largest procurement outsourcing specialist, has been elected to the Chartered Institute of Purchasing and Supply’s (CIPS) Council. Elected by CIPS members to represent the South East, Ian’s three-year term as councillor will run from November 2011 to October 2014.

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Proxima signs long-term procurement outsourcing contract

LONDON, UK – 30th June 2011. Proxima, Europe’s largest procurement outsourcing specialist, announces it has signed a long-term procurement outsourcing contract with global energy provider BG Group.

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Research Live: A new deal?

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Universal Music renews award winning procurement partnership with Proxima

LONDON, UK – 01 March 2011. Proxima, Europe’s largest procurement outsourcing specialist, today announced the renewal of its partnership with Universal Music UK, signing an extended three-year contract worth in excess of US$2 million.

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The Business Travel Magazine: Signs of the times

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The Business Travel Magazine: Loyalty pays... or does it?

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European CEO: Demystifying outsourcing

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Guy Strafford, Chief Client Officer at Proxima explains for such a widely adopted business process, outsourcing is often misunderstood. Many business professionals are failing to appreciate the potential benefits.

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CIO UK: Reducing printing and paper budgets through managed services

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Printing costs account for between one and three per cent of any company's expenditure. Managed services can reduce printing and paper budgets significantly.

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Sourcing Focus: Public sector efficiency targets - outsourcing's angel or demon?

The UK chancellor announced £15 billion of efficiency savings to be made over the next three years.  For organisations such as the NHS, this announcement will have significantly increased the weight on managerial shoulders. 

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