El Niño can disrupt global supply chains by changing weather patterns, affecting agricultural production, transport routes, energy supplies and commodity prices. For procurement professionals, this can mean higher costs, longer lead times and increased supplier risk. You may have seen [Read More]
When organisations think about supply chain disruption, they often focus on geopolitical tensions, supplier failures or economic uncertainty. However, one increasingly important factor is the weather. As temperatures continue to rise across many parts of the world, prolonged periods of [Read More]
Direct and indirect procurement are often viewed differently within organisations. Direct procurement is typically associated with production, revenue generation, and supply chain continuity, making it highly visible to senior leaders. Indirect procurement, by contrast, often operates behind the scenes. This [Read More]
When organisations invest in capital expenditure (CAPEX) assets such as machinery, vehicles, IT infrastructure, or production equipment, significant attention is typically given to sourcing, supplier selection, and whole life costing. However, one critical stage of the asset lifecycle is often [Read More]
Whole Life Costing is a procurement approach that helps organisations understand the true cost of an asset over its entire lifecycle, rather than focusing solely on the initial purchase price. While an asset may appear to offer the best value [Read More]
Procurement terminology can make everyday conversations feel more complicated than they need to be. One minute you’re discussing a supplier, the next someone mentions “TCO”, “SRM”, “RFQ” and “maverick spend” like it’s completely normal. If you’ve ever wondered what procurement [Read More]
Horizon scanning is a structured way for organisations to identify emerging risks, opportunities and market shifts before they impact performance. By looking beyond immediate suppliers and short-term pressures, procurement teams can make better strategic decisions and build more resilient, sustainable [Read More]
Risk management in supply chains is essential for ensuring goods and services are delivered on time, to the right place and to the right specification. While sourcing and supplying are core responsibilities of procurement professionals, maintaining continuity of supply requires [Read More]
Understanding the tender process in procurement is vital for ensuring fairness, transparency and value for money in every purchasing decision. Whether you work in the public or private sector, following a clear, structured process helps you identify the right suppliers, [Read More]
Big Data is changing the way we think about procurement. In today’s digital-first environment, the volume, speed, and variety of data being generated has exploded, far beyond what traditional systems can handle. Whether you're optimising costs or managing supplier performance, [Read More]
