Strategic sourcing and the rise of co-creation
According to an African proverb: ‘If you want to go fast, go alone; if you want to go far, go together’. In strategic sourcing, the rise...
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Adopting a Collaborative Procurement Model
Introduction The traditional approach to procurement often involves an adversarial dynamic between buyers and suppliers, leading to lengthy...
Embracing Innovation: The Advantages of Skipping the Tender Process
Introduction The conventional procurement and sourcing methods typically involve a lengthy and costly tender process. However, an...
The digital-first responder: meet the CIOs on the front line
“Whilst CIOs have always needed to lead technology change, the goals have shifted greatly during and post Covid. Organisations need...
Re-evaluating Procurement Success: Looking Beyond Cost Savings
In the realm of procurement and sourcing, the value of teams has traditionally been measured by the cost savings they achieve at the moment...
Rethinking Procurement: Shifting from Cost to Value for Greater Success
Traditional procurement methods have long emphasised cost as the primary factor for awarding contracts, with other considerations given...
Benefits and Pitfalls of Outsourcing
What do we mean by outsourcing? Outsourcing refers to the practice where an organisation contracts another organisation to provide a...
Supply Side Series - How to optimise a benchmarking process
There has been an unremitting focus on benchmarking by many sourcing professionals for a number of years, with a spotlight on the necessity...
Supply Side Series - How to stand out from the competition
As we see a rise in political instability, economic turmoil and environmental volatility for all businesses it is necessary to not only...
DORA: Digital Operational Resilience Act Impact & Actions
As a financial institution what does the EU Digital Operational Resilience Act (DORA) regulation mean for you? And how do these fit in with...
Supplier Management Framework
Supplier management is the process that ensures that as a minimum the expected value is received for the investment that an organisation...
Supplier Management is more important than ever
Supplier management has moved beyond just ensuring contracts support business needs. The most effective organisations today focus on...