How bad is the Coronavirus for your procurement?

The Coronavirus presents us with one of the first global challenges of the ’20s. Resources are being spread thinly as people try to mitigate risks and carry on with business as usual where possible. Questions about the viability of keeping schools open and whether...

Four tips for making mapping your supply chain easy

Having a clear view of your supply chain is something that every business should be prioritising, but unfortunately, many of them do not. This is for a range of reasons, but generally, mapping your supply chain past your first-tier suppliers can be a challenging and...

Why spend analysis should be part of your staff training

Why spend analysis should be part of your training   Spend analysis should be a core component of every procurement strategy. When it is conducted effectively, costs are lowered, supplier relationships are improved, and levels of efficiency increase. However, to...

Factors Affecting Procurement Cost Optimisation

While almost every business relies heavily on procurement to run and be successful, many only scratch the surface of cost optimisation while maximising on efficiency. This doesn’t mean that the cost of procurement is unimportant to businesses. In fact, research shows...