Strategic sourcing is a contemporary approach to supply chain management. It formalises the gathering, analysis and application of information to assist companies in aligning their purchasing strategy with their goals and securing the best possible value. In this post, we [Read More]
Over the last few years, procurement has been undergoing a digital transformation. A key feature of this digital transformation is the use of artificial intelligence (AI). AI can bring many benefits to procurement teams and their companies. In this post, [Read More]
Watch our latest Procurement on Demand ‘Reasons to Implement Kaizen and Where to Start’ webinar which provides an insight into the role of Kaizen in procurement. What is Kaizen ‘Kaizen’ is a Japanese term meaning “change for the better”, a [Read More]
Watch our ‘Introduction to Procurement’ webinar which provides an insight into the role of procurement and the role of the buyer. This is the first in our Procurement on Demand webinar series. Understanding The Role of Procurement Without procurement, it [Read More]
Improving diversity and inclusion is a key goal of most organisations these days, and it can yield a range of benefits from improved recruitment, increased innovation and enhanced brand reputation. Purchasing from a diverse supplier base can not only help [Read More]
The value of measuring the performance of external suppliers, distributors etc. is well known. Understanding current performance, comparisons over time and using data to better understand areas for improving performance of procurement are some of the key benefits of developing [Read More]
