Summary Inflation has been a growing challenge for organisations around the world, and while they race to find cost-effective solutions, suppliers are simultaneously increasing prices to meet the economic trends. Procurement consultants and consultancy services are one of the leading solutions that contemporary organisations are seeking to help manage the impact of inflationary markets. The […]
Summary Procurement consultant jobs are expanding rapidly as new and innovative tools and systems enter the market. Organisations are looking for experienced, knowledgeable, and skilled consulting professionals to help them navigate through these challenges. While this makes procurement consulting an in-demand profession, individuals looking to enter the procurement consulting field must showcase some key traits […]
Summary Risks are a part of every business, and in procurement organisations risks can cause disruptions in supply chains that can be devastating if not addressed promptly. Many contemporary businesses are depending on a procurement consultant to help identify certain aspects of their functions, determine where risks emerge, and deduce how best to deal with […]
Summary There is no denying that artificial intelligence (AI)-powered learning and machine learning (ML) are the future. This is also true in the field of procurement. With the rise of process automation, organisations are investing additional resources into adopting more future-focused training techniques. Procurement training is an important factor in this equation as procurement teams […]
Summary The case for a proper interim management strategy for procurement has never been stronger. With the future of procurement evolving rapidly with every challenge the business landscape adapts to, organisations must adopt new means to face such challenges. With businesses moving towards a more human-centric, technology-driven, and collaborative approach, business leaders are preparing their […]
Summary In a fast-paced business landscape, procurement is taking on a more strategic role in creating value and generating cost savings. For procurement to reach its full potential as a strategic partner, it must aim for procurement maturity by setting short and long-term goals and action plans to achieve them. These goals must be identified […]
Summary Procurement consulting has always been an integral part of the procurement function. With the rapid changes that are taking place today, businesses are more interested in adopting new procurement systems and processes that will enhance the expertise and knowledge of procurement teams. Consulting firms play an integral role in revitalising the function as a […]
Summary Businesses today are facing a plethora of challenges, from supply chain disruptions to inflation. Such challenges have created a landscape where economic uncertainty is threatening the survival of businesses. Procurement teams must create short-term and long-term plans that are capable of reducing costs, creating more stable supply chains, and spearheading the development of the […]
Summary The procurement function is going through a phase of transformation. With the function itself being elevated from a support function to a strategic one, businesses are recognising the importance that procurement brings, especially in today’s world. Organisations have no option but to capitalise on the most recent advancements and develop operating models that are […]