Page 9 - BOSS Today Issue 59
P. 9

BOSS Today      #59








             e have seen continuous change
          Wand evolution of our workplaces
          recently, but a common factor has
          been the enthusiasm of companies
          within the business supplies industry to
          move with the times and embrace new
          opportunities.
                                            Sustainability                     Artificial Intelligence
          Here are some considerations for    Legislation continues to be a driver   AI will continue to bring more scale for
          the business supplies industry in the   for major changes, but the need for a   efficiency and creativity. The workforce
          coming year:                      change of culture and holistic KPIs is   will be required to understand and
                                            being embraced by forward thinking   adopt new technology and embrace
                                            businesses. Extended Producer      the benefits. We expect to see new
                                            Responsibility legislation will continue   roles emerging and people looking for
                                            to drive improvements in the packaging   courses to help them retrain. As well as
                                            of goods and the reduction of single use   manufacturing efficiencies, we expect
                                            plastic. EPR Legislation           a drive towards more personalised and
          Diversification                                                      effective marketing.
          Business supplies companies continue
          to diversify into adjacent categories
          including cleaning, workwear, catering,
          furniture, and technology. Some of these
          areas can require specialist knowledge
          but confidence and the desire to sell new
          product areas has grown post pandemic.  Place of Work
                                            Hybrid working is here to stay, but the
                                            debate continues about the impact of
                                            home working on effectiveness, mental
                                            health and company culture. Some
                                            companies are making improvements
                                            to the facilities in their workplaces to
                                            attract people back into the office. New
          Data & e-Commerce                 flexible working regulations are expected
          Good product data is essential to   in April 2024 Flexible Working Measures.
          e-commerce trading and analytics.
          The pressure on companies to manage
          a wider range of information will                                       BOSS Members can view our
          continue to grow.                                                       keynote speaker Daniel Hulmes’s
                                                                                  presentation on Rethinking AI’s
                                                                                  impact on Business & Humanity
                                                                                  here.

                                            People & Culture
                                            CSR policies and a change of mood
                                            following the pandemic are continuing
          Procurement                       to drive improved HR policies and
          It can be challenging for smaller   employee benefits. Recruitment
          companies and start-ups to trade with   remains challenging and companies are
          the public sector. The 2023 Procurement   reporting issues with wage inflation, a
          Act aims to reform the public sector   lack of available skilled workers and AI
          procurement regime and is expected to   generated CVs.
          go live in October 2024. This will be a
          digital platform that is designed to offer
          a better competitive landscape, more
          control and a simplified bidding process.
          Procurement Act 2023


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