Summary Procurement has evolved beyond sourcing materials—the global web: more than just suppliers. It’s now a key business strategy, ensuring growth and resilience. Procurement expertise: the unsung hero of business strategy, turns risks into opportunities. Amid uncertainty, procurement professionals are navigating the storm: risk and resilience, leveraging tech disruption: the power tools of modern procurement […]
Summary The hidden cost of ‘sustainable’ procurement often arises when businesses overlook key details. The overload of certifications can lead to inefficiency, while blind faith in labels: The greenwashing trap might expose companies to greenwashing. The cost of the short-term win over long-term value can backfire, just as ignoring the whole supply chain undermines sustainability […]
Summary Transactional thinking in procurement in supply chain management often leads businesses to treat suppliers as mere vendors, focusing on short-term cost savings rather than long-term partnerships. The real value of supplier relationships goes beyond discounts, offering faster problem-solving, innovation opportunities, and better contract terms. Trust is key to resilience, especially during uncertain times, where […]
Summary The new industrial revolution: redefining the old guard, digital transformation is reshaping manufacturing with real tech making a real impact. Beyond the buzzwords, AI and IoT drive efficiency, enabling manufacturers to break old rules and optimise production. Reimagining productivity through digital integration, companies harness the power of real-time decision-making to stay ahead. When the […]
The difference between a successful project and one that unravels often comes down to a single factor: coordination. Picture this—a major infrastructure project with tight deadlines, multiple stakeholders, and shifting priorities. Without a skilled project coordinator, deadlines slip, budgets spiral, and communication gaps turn small setbacks into major crises. Project managers may be the face […]
Summary Sustainability is no longer just a trend; it is a competitive edge in procurement. Many companies fall into “the compliance trap: Where many get stuck,” focusing solely on meeting regulations without creating real value. To break free and lead the shift for procurement compliance, procurement leaders must rethink supplier selection, embrace circularity, leverage technology, […]
Summary The impact of automation on cost reduction in procurement significantly affects cost-saving initiatives by streamlining processes and enhancing decision-making. How AI enhances cost reduction includes leveraging data-driven insights, optimising inventory management, and identifying cost-saving opportunities. Effective procurement strategies also focus on improving supplier management and negotiations, using AI for better evaluation and risk management. […]
97% of organisations agree—project management is critical to business success. Businesses invest heavily in project finance modelling to stay on budget, yet projects continue to overshoot. So, where is the disconnect? The hidden trade-off: Does a focus on accuracy come at the cost of agility? Three of the biggest reasons for project failure are: Even […]
Summary The procurement landscape is evolving, with stricter regulations reshaping business operations. The regulatory shift: What is changing? Businesses must now prioritise transparency, ESG reporting, and digital transformation. What are the biggest challenges in procurement management? Companies face supply chain risks, compliance burdens, and the struggle to balance costs with regulatory demands. How to stay […]
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.