Proxima

Risk has always been on the business agenda, but the turbulence of recent years has brought it into the foreground, with over 70% of CPOs reporting an increase in procurement and supply chain-related risk. Our latest CPO Briefing offers a multi-tiered approach to building a tech-enabled risk model aligned to risk appetite and goals. It outlines different types of risk that organizations need to consider to improve the visibility of - and understand the solutions to - today’s complex supply chains. Read the full report here: https://bit.ly/4d1JrN7 #riskmanagement #supplychains #procurement

Drawing on insights from over 170 leading organizations employing more than 8 million people, The Scope 3 Maturity Benchmark is helping companies accelerate progress through data-driven strategies and collaboration. A recent report found that 93% of organizations pursuing 2030 #netzero targets will fail to meet their goals unless they at least double the pace of their emissions reductions. The Benchmark is working to change this, giving unrivaled access to practical steps and frameworks to translate planning into action. Explore The Benchmark’s latest findings and find out how to contribute on our website: https://bit.ly/4c8LlLG #Scope3 #Procurement #Sustainability

Last night, the Young MCA network hosted an engaging panel on Sponsorship and Mentorship in management consulting, featuring our own Consultant Hadley Butcher-Fiske! Hadley shared how effective mentorship fosters growth and development for young professionals, helping them to become future leaders in the industry. A huge thank you to the Management Consultancies Association and Young MCA for organizing this event and for spotlighting the critical role mentors play in nurturing talent. To learn more about Proxima's approach to mentorship and career development, visit our Life at Proxima page: https://bit.ly/3xpEZbu

Our Executive Vice President Simon Geale discusses the consequences of the recent tariff increases on China-made imports announced by the White House in Inbound Logistics. While these new measures highlight the US's commitment to onshoring supply chains, Simon also discusses the challenges this can pose for progress towards #netzero goals. Read more on Simon's insights and the latest developments impacting global #supplychains here: https://bit.ly/3Wh3FwL

In a year marked by global elections, ongoing geopolitical tensions, and growing urgency to address climate change, the role of the #Procurement leader has never been more crucial or fluid. Our Executive Vice President, Simon Geale, emphasizes this point in a recent article with Consultancy.uk, highlighting that adaptability is critical for CPOs to drive success in a fast-changing world. As themes such as pragmatism, resilience, and climate emerged as key focus areas for CPOs in our 2024 CPO Report, the same leaders provided their expert insights for the procurement leaders of the future to navigate these challenges in our 2024 Tomorrow’s CPO Report. Read Simon’s digest from the report here: https://bit.ly/4bFog2n

Our Scope 3 Maturity Benchmark revealed a universal challenge faced by all participants: organizations struggle to secure the necessary funding and resources when aligning investments with tangible processes. Achieving the balance between investment and impact requires strategic foresight and our recent article highlights practical strategies to consider when creating a compelling business case for #Scope3. Some key considerations include: 🔍 Assessing Carbon Costs 📜 Regulatory Compliance 👥 Employee Engagement Read more about making a solid business case for your Scope 3 plan here: https://bit.ly/4eNRL4N

The recent Scope 3 Strategy Summit in Chicago brought together a packed house of over 140 attendees with industry leaders and partners from global organizations for two full days of compelling and thoughtful discussions on making progress towards Scope 3 goals. The group delved into topics like supplier engagement, data & methodology practices, and developed toolkits to bolster supplier interactions, enhancing procurement teams' capabilities to turn sustainable ambition into action. A massive thanks to Scope 3 Peer Group and everyone who participated and made this summit a success. We look forward to driving more impactful discussions and actions on Scope 3 in the months to come! Interested in learning how you can build and apply an actionable Scope 3 strategy? Join the Scope 3 Strategy Collective today: https://bit.ly/3KXV23V #Scope3Summit #Sustainability #Proxima

Our teams across the US and UK have taken part in a range of activities in recent weeks. From the Summer touch rugby league to fundraising charity walks for our UK charity partner Together for Short Lives, we always enjoy spending time together away from the day job. There are some exciting events planned in the months ahead, including the return of the Proxima Olympics! If you're interested in joining a dynamic and social team like ours, check out our vacancies on our careers page: https://bit.ly/3xpEZbu

With over 80% of global emissions coming from Scope 3, businesses are increasingly realizing the importance of disclosing and reducing their carbon footprint. In a recent article, our VP Jamie Ganderton and Senior Consultant Gemma Thompson MCIPS, explore the key factors inhibiting progress on Scope 3 against competing business challenges and priorities. Collaboration will by key to accelerate progress on net zero: https://bit.ly/3VOXYow #Scope3 #netzero #sustainableprocurement

Blockchain has been a “buzzword” for years, but what does the technology mean for procurement teams? Two Proximites, Jacques Haddleton and Ian Kirby, have outlined the significant potential Blockchain Technology has for supply chains, in the latest edition of our Define Series. Read more here: https://bit.ly/3RRo4px #blockchain #supplychains #resilience