Summary Instituting a strategic plan to boost long-term savings in procurement efforts is a critical step for any organisation looking to reduce costs and increase efficiency.  The procurement function generally accounts for the largest proportion of spending within organisations and is often one of the few areas where small courses of action can result in […]

Summary The procurement consultation provider you choose should be a partner in your business’s success and should be capable of providing your organisation with the expertise and support you need to achieve its procurement objectives. Selecting the right company for procurement consulting is critical, but may not always be an easy task. It is, therefore, […]

Summary The role of a specialist manager for IT procurement can be critical in driving a procurement revolution within your organisation.  With the benefits of hiring a specialist to manage IT procurement being significant, including benefits such as better cost-savings and greater IT procurement efficiency for organisations, they can even play a considerable role in […]

Summary Practising strategic procurement and inventory management can reliably provide a pathway for organisations to considerably reduce costs and boost ROI. By identifying how to practise strategic procurement within your organisation, you can adopt an approach that maximises the value it receives from its suppliers, reduces its exposure to risks, and improves the quality of […]

Summary Interim managers in purchasing can perform a variety of high-level roles, such as leading procurement processes, managing a range of different projects simultaneously, and delivering value in times of change within your organisation.  They have many capabilities to uplift the efficiency of procurement functions within organisations, such as by augmenting the resources available to […]

Summary The need for procurement leaders to become more involved in the strategic arm of organisations is no longer a luxury but a necessity. Contemporary leaders must provide clear direction on not just implementing strategic procurement but also paving the way to mould future leaders in procurement. Creating strategies that align with the business can […]

Summary Optimising the management of the procurement and logistics functions within your organisation can only be achieved through a mix-and-match approach of compatible strategies, starting with building a thorough understanding of your needs and leveraging technology to uplift productivity. There on, further effectiveness and productivity can be achieved through greater collaboration within the procurement and […]

Summary Among the numerous innovations in the procurement space, e-procurement management is seen as a revolutionary step forward that can bring a wide range of benefits to your organisation such as streamlining procurement processes to offer greater efficiency and productivity to your operations.  Other key aspects that e-procurement can enhance include improving supplier relationship management, […]