Down the Procurement Pub with Markit, Real World Procurement and Lisa Hannigan

Quite a difference in social venues over 24 hours this week. I'm writing this on Thursday evening visiting mother near Durham and having had a pint in the Lambton Arms, the "community pub" run by my cousin Kathryn, as the ladies' darts team took on another local hostelry. 24 hours earlier, celebrating my wife's birthday, we tried what is undoubtedly the best new-ish restaurant in Surrey for many years. Stovells in Chobham features innovative, will -get-a-Michelin-Star-soon cuisine with a touch of Mexican via one of the owner-chefs, Fernando Stovell. Here is my starter, a bowl of broth encompassing flowers, abalone mushroom and cuttlefish ...  the food was excellent, it's not cheap but true value for money for a special celebration or night out.

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Naughty emotional purchasing managers! Naughty over-reacting Governor of the Bank of England! The CIPS Markit Purchasing Managers' index published in July, and put together just after the UK's Brexit vote, was dire, suggesting a major downturn in the UK economy. The Bank of England duly cut interest rates to 0.25% in early August. But the latest Markit figures are very positive, suggesting that July data was a one-off reaction, based more on sentiment than any real economic factors, and actually the UK economy is doing just fine, at the moment at least.

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Final reminder - just a few places left for my Real World Procurement session next Wednesday with BravoSolution - the title is "Next Generation Supplier Management". We've had a great response, and I know we have a few serious procurement leaders and gurus in the audience, which is a little bit worrying for me to be honest. But it does mean that if you come along, you won't get the benefit of just my expertise, but that of some of the other delegates too. All this and a good lunch with more networking... book now!

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The UK Government has published a supplier standard for the technology and digital sector. It contains six Principles which together "describes our expectations of, and commitments to, the technology companies we’ll need to work with to make this approach successful. The 6 shared principles outline our standards for working together to create good value for everyone in future contracts and, where possible, under renegotiated legacy arrangements". We're having a look at them now and if there's any substance to be discussed, we'll be back with more commentary soon.

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Irish singer-songwriter Lisa Hannigan's new album At Swim has been getting rave reviews with some justification, so here's a lovely, chilled and evocative track from that for the end of summer...

 

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