Kronos Group

Category: On Procurement

How do procurement consulting providers facilitate personalisation through maturity assessments?

Summary Procurement consulting is crucial for companies to enhance their supply chain, reduce costs, and optimise efficiency. Consultants navigate businesses through complex areas like supplier partnerships, contract management, and strategic sourcing to establish streamlined and cost-effective processes that align with company objectives. The importance of understanding procurement maturity assessment is apparent in this context as […]

Digital transformation design: How to visualise the future of procurement, project management, and spend optimisation?

Summary In this blog, we explore how digital transformation design can visualise and mould the future of procurement, project management, and spend optimisation, which stand to be critical areas for business functionality and innovation, efficiency, and success. Adopting digital transformation practices brings about several benefits, from improved efficiency and cost savings to enhanced decision-making and […]

How to overcome digital transformation challenges by prioritising customer experience?

Summary The concept of digital transformation has emerged as a crucial force reshaping industries worldwide. The significance of digital transformation lies in striving to remain competitive and relevant in an increasingly digital world; therefore, digital transformation becomes strategically imperative. However, this journey is fraught with digital transformation challenges, including resistance to change, legacy systems integration, […]

How to overcome internal sourcing shortcomings through a procurement contract process?

Summary In today’s fast-paced business environment, having a strong sourcing contract process is essential for successful transactions. It sets clear expectations between buyers and suppliers, promotes transparency, and minimises risks.  Internal challenges of the procurement process include unclear requirements, inadequate risk management, and lack of supplier monitoring can hinder efficiency and lead to costly mistakes. […]

How can businesses overcome supply chain risks with digital procurement tools?

Summary The present-day supply chain influences include natural disasters, geopolitical issues, supplier bankruptcies, demand volatility, and cybersecurity threats while the impact of supply chain risks for businesses affects operations, finances, and reputation. The digital procurement tools and their functionalities enhance visibility, streamline processes, and facilitate collaboration. These tools include e-procurement platforms, supplier management systems, contract […]

How does a procurement management program enable businesses to thrive in volatile and dynamic conditions?

Summary In today’s fast-paced and uncertain business environment, effective procurement programs are crucial for enabling businesses to thrive amidst volatility and dynamic market conditions. These programs equip organisations with the tools, frameworks, and strategies necessary to respond swiftly and effectively to changing market dynamics. In this blog, we discuss why it is important to understand […]

How can SMEs deliver added value through cost optimisation and achieve strategic objectives?

Summary SMEs deliver added value and aim through cost optimisation to achieve strategic objectives which requires balancing innovation, efficiency, and financial prudence.  There are challenges and opportunities in setting strategic objectives for SMEs due to resource constraints and market dynamics. Resource limitations create opportunities for innovative, adaptable strategies, fostering a distinctive organisational culture. Challenges like […]

How to overcome the challenges of achieving project maturity

Summary Embarking on the journey to elevate project management maturity involves a crucial step; conducting a comprehensive maturity assessment. In this blog, we delve into the significance of achieving project maturity. This diagnostic tool provides insights into the effectiveness of current tactics, allowing organisations to redefine project goals and components, and implement quality control measures. […]

Why SMEs should consider cost-saving strategies in procurement?

Summary Small and medium-sized enterprises (SMEs) face unique challenges due to limited financial resources and intense competition. Cost-saving measures in procurement are crucial for their financial health and sustainability. This blog delves into why SMEs must consider cost-saving strategies in procurement. Through the implementation of effective strategies, SMEs can enhance competitiveness, fortify financial foundations, improve […]

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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.