Spend Matters: Proxima - a provider to know in 2015
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".
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.
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.
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.
Commitment Matters: Have procurement practices been self-defeating?
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?
The changing nature of business (pt 2): Economics remodelled
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.
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.
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.
The face of Proxima: an overview of our new creative elements
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.
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.
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.
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.
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).
Redefining procurement series: Procurement outsourcing (part 3) – your options
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.
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.
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.
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.
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.
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.