Kronos Group

Codewise - Europe Fastest Growing Companies 2019
Codewise - Europe Fastest Growing Companies 2019

Author: Kronos Group

Is the use of project finance modelling driving businesses toward unnecessary over-budgeting?

Summary  Understanding project finance modelling is essential for businesses aiming to manage large-scale projects effectively. However, the case for over-budgeting raises questions about whether modelling practices encourage inflated budgets through overly cautious risk assumptions and contingency buffers. This can lead to financial strain, resource misallocation, and reduced profitability, highlighting why over-budgeting can be harmful to […]

Is procurement in the service industry overlooked and undervalued?

Procurement plays a crucial role in ensuring that the right materials and services are obtained at the right price, quality, and time, supporting the overall success and efficiency of the business. Procurement can involve purchasing raw materials, equipment, or even outsourced services, and it works closely with other departments like finance, operations, and marketing to […]

Procurement risk assessment matrix: Is it just a box-ticking exercise?

Summary  A procurement risk assessment matrix is a strategic tool that helps organisations identify, assess, and prioritise risks within their procurement processes. However, common misconceptions: the box-ticking mindset can undermine its effectiveness, reducing it to a compliance task rather than a strategic asset. Unlocking the real value of the procurement risk assessment matrix involves aligning […]

Is procurement spend analysis overhyped?

Summary  Procurement spend analysis is the process of examining an organisation’s expenditure data to uncover insights for better decision-making and cost management. The promised benefits include cost savings, supplier performance optimisation, risk mitigation, and improved compliance. The case for the hype includes success stories where spend analysis has driven significant value, particularly with the help […]

Are supply chain consulting firms overcomplicating processes?

Imagine waiting weeks for a product you ordered online, only to find out it’s been delayed due to shipping bottlenecks. This common frustration highlights the critical role of supply chain management in our daily lives. Behind the scenes, supply chains keep businesses running and ensure that goods reach consumers efficiently. With 90% of the world’s […]

How digital procurement analytics enables real-time decision-making

Summary The real-time imperative in procurement highlights the growing need for data-driven decision-making. Procurement analytics empowers teams to make smarter, more informed choices by providing real-time insights into spending, supplier performance, and risks. Core capabilities of digital procurement analytics for real-time decision-making include real-time spend visibility, dynamic supplier risk management, predictive analytics, and automated alerts. […]

Why digital project management tools are important for productivity and efficiency

Summary  Digital project management tools are essential for ensuring project success in today’s competitive environment. They enable streamlining communication and collaboration, fostering better teamwork through centralised updates and instant connectivity. By enhancing task and resource management, these tools automate assignments, optimise resource allocation, and align efforts with organisational goals. Their real-time progress tracking ensures transparency, […]

Why is a supply chain risk analysis crucial for procurement excellence?

Geopolitical unrest remains the top concern for supply chains, affecting 58% of business leaders, followed closely by shortages in raw materials at 44%. These disruptions have led to significant challenges for companies, from delayed shipments to increased costs. In fact, 52% of business leaders believe they could improve their supply chains to better handle such […]

Kronos Group ranked among Europe’s long-term growth champions: A milestone in management consulting

Summary Kronos Group is proud to be included in the Financial Times Europe Long-Term Growth Champions ranking, securing the 178th position overall and 3rd in Management Consulting. This recognition highlights Kronos Group’s performance and growth story, underscoring our commitment to delivering sustainable results. This achievement demonstrates our ability to provide long-term value and innovation for […]

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Julie Brand

A part of Kronos Group’s team since 2018, Julie is a leader who has honed her specialisation in business transformation and utilised her expansive financial expertise to power business strategy and add value to what we do. She has amassed experience (Pfizer, Sony, AXA, SMEC, Tradelink) all over the world in strategy, project management, analysis, and supply chain.