Summary The benefits of procurement extend far beyond cost savings and efficiency. It plays a critical role in improved cash flow management, enhanced financial planning, and budget control, enabling businesses to optimise spending and maintain financial flexibility. Procurement also supports risk mitigation and cost avoidance by managing supplier reliability and ensuring compliance with regulations. Through […]
Summary Ethics are essential for success, as it promotes transparency, trust, and accountability. What are ethics in project management? They are guiding principles like integrity and fairness that drive responsible decision-making. Project managers often face common ethical dilemmas in project management, such as resource misallocation and conflicts of interest. Ethical leadership influences project outcomes by […]
Procurement significantly impacts various aspects from the supply chain to overall profitability. It is estimated that procurement accounts for approximately 50-75% of business costs, underscoring its importance for organisations seeking to enhance efficiency and maintain a competitive edge. There is an increasing focus on cost reduction within procurement. Organisations are actively pursuing intelligent and strategic […]
Summary In today’s rapidly changing business landscape, staying competitive is no longer just an option but has become a necessity. GenAI is the fusion of generative technology and artificial intelligence, which is poised to revolutionise procurement by introducing unparalleled efficiency and accuracy. By seamlessly integrating with existing procurement systems and workflows, GenAI optimises processes, drives […]
Summary 2023 has so far been a notable year in the post-pandemic era, having a considerable impact on businesses around the world that are still on the journey of recovery and normalisation of key functions including procurement. Challenges to procurement remain multifaceted this year as in the years before, with the main challenges to global […]
Summary The best practices for procurement in the pharmaceutical sector start with ensuring the availability of medicines and medical devices, maintaining optimal quality and safety, as well as establishing cost-effectiveness for sustainable operations. It is also important to ensure that procurement functions are aligned towards complying with ethical practices and maximising transparency and accountability so […]
Summary Financial services may be a somewhat vague term used to refer to a broad spectrum of opportunities and possibilities presented by finance, but its purpose is critical and nuanced. What is the purpose of these services? Finance is the main driver of economic development for countries and businesses alike, which means understanding and monitoring […]
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.