Summary End-to-end procurement outsourcing is a growing industry with many businesses opting to hand over certain functions or entire departments to external parties who have the expertise to carry out those tasks. Over the years, this has proven to be a great way for procurement outsourcing companies to add value to organisations by classifying core […]

Summary IT procurement consultants are an important part of the procurement process, especially in today’s business landscape. As businesses face challenges that are indicative of the times they operate in, the need for urgent solutions is becoming increasingly vital. Utilising consultants with experience in procurement and IT can help businesses achieve critical goals such as […]

Summary Even the most experienced economist or economic body cannot predict a recession and its impact with absolute certainty. And even though businesses are aware of the impending recession, they may not be fully prepared or aware of how to deal with the repercussions. Together with a sustainable procurement training programme, businesses can develop contingency […]

Summary With the urgency of businesses needing to adopt new ways of doing things and with the emergence of AI and other disruptive technology, procurement leaders are using digital tools to become more efficient and build their bottom line. While adopting AI in procurement is the way of the future, its complexities can create challenges […]

Summary There are four key features that spell success for any procurement function—regardless of industry or size.  They are: A robust risk management process: Risk management is an essential component of any business. Post-COVID-19, the requirement for greater crisis preparation is more urgent than ever before. Even if a risk management process cannot be geared […]

Summary All businesses are on the path to digitalisation. The rapid pace at which technology adapts, however, means that this journey is in constant progress.  Benefitting from the many advantages of a more streamlined digital procurement process enhances your business from the inside-out. It helps you: Create transparency: transparency is a valuable feature for any […]

Summary  Supply chain transformation is a business-wide move towards streamlining and improving your supply chain function for greater efficiency and effectiveness. This is especially useful, post-crisis, to strengthen your business operations and optimise them for accelerated recovery. By giving effect to purchasing transformation, you create higher-value addition through: Sustainable crisis management and recovery: As we […]