One of the funniest things I’ve heard in a while came from a very unexpected source – accountants not being known for their sense of humour – the ICAEW’s Chief Financial Officer Conference. One speaker got a bit too immersed in management-speak and bought the house down answering a...
MISSING THE BASICS
It never ceases to amaze me how difficult it can be to get hold of simple, valuable information which – when put to good use – will create a dramatic improvement in the performance of a business. The first step in most JMCL engagements is to obtain and review...
A few weeks ago I turned on the radio and heard an all too familiar story of migrant workers churning out products for a big global brand – in poor conditions, for low wages and with allegations of abuse and poor treatment. Surely it shouldn’t happen. In the UK any...
When I first thought about an award that recognised suppliers who offered a sustainable product or service that was commercially viable I had envisaged that I’d spot them during the course of my work – or they’d be recommended to me by others doing the same work. This winner...
JMCL Consulting was honoured to be invited to run a workshop at the eWorld Procurement and Supply event in London last week. The conference, which took place at the DeVere Grand Connaught Rooms, is a bi-annual event for procurement innovation. It brought together over 250 senior procurement, supply chain and finance executives to...
Over 8, 000 cyclists took part in this, the 5th edition of the festival. The ToC is the exclusive UK qualifying event for the UCI Gran Fondo World Championships meaning it’s for those seeking to ride their bikes competitively to compete for Great Britain in the world championships in the...
I’m delighted to announce that the winner of our first JMCL ‘Get Lit’ Award is WildHearts Office. It’s apt that the award goes to a business whose very purpose matches the ethos of our award – doing good by doing good business. WildHearts Office provide business supplies across a portfolio...
It’s very simple: Savings increase profits by 100% ; Revenue growth increases profits by 5-10% Savings increase cash immediately (see below); Revenue growth is cash negative to start Savings are certain and predictable; investing in Revenue growth is uncertain and risky Savings increase enterprise value by a multiple immediately;...
Back in December I not only made a New Year’s resolution, I made my commitment to keeping it public. I resolved to create something that would both identify ‘enlightened’ suppliers and to highlight examples of best practice in circular procurement and sustainability. This is the ‘Lit’ awards. ‘Lit’...
Sometimes opportunities align to combine both business and pleasure. I’m delighted to have the opportunity for JMCL to support the Tour of Cambridge (ToC). We consider it as a great fit with our Enlightened Procurement approach to serving our clients, improving their profits in a way that’s long-term sustainable...