Procurement leaders can’t afford to assume their strategic role will be recognised - they must seize it. In a world of supply chain volatility, inflation, and ever-rising expectations, the shift from reactive to proactive procurement isn’t just desirable, it’s essential. Following a recent webinar on the subject with our experts Tom Mills, Mark McDaniel, and James Meads - we’ve summarised the key findings into actionable insights:
Late last year, we collaborated with Tom Mills and Procurement Leaders to produce the whitepaper: 'Delivering Procurement Excellence in the First 90 Days' providing a strategic, system-agnostic framework to drive maximum impact early on. Here. we've distilled the key insights into actionable steps, ensuring you hit the ground running and thrive in your first 90 days.
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In the pursuit of sustainability, many organizations are making concerted efforts to reduce their environmental impact and improve social responsibility through their procurement practices. However, as more companies tout their green credentials, the risk of greenwashing, where a company falsely claims to be environmentally friendly, has also risen. This blog post looks into the concept of greenwashing in procurement, highlighting what to look out for and how to combat it effectively.
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Procurement, the art and science of obtaining goods and services, has been an important part of human civilization since its beginning. From ancient barter systems to sophisticated digital platforms, the practice of procurement has evolved significantly over the ages, reflecting the dynamic nature of trade, commerce, and technological advancement.
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As we watch the business world rapidly evolve and change, marked by continual technological advancements, achieving financial efficiency is more important than ever. From startups to conglomerates, organisations worldwide are continually seeking ways to optimise spend, maximise savings, and ultimately bolster their bottom line. Here are five tips to help you unlock financial efficiency and propel your business towards success:
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