Blogs

What Is Contract Lifecycle Management?

Contract lifecycle management, often abbreviated to 'CLM' in procurement, is the management of contracts from the initiation right through to the termination or renewal of the contract. Whereas standard contract...

Unlocking Value Through Procurement Transformation

How Procurement Transformation Creates Value For Your Organisation Procurement transformation is the process of implementing changes and improving how a company or organisation procures goods or services. It's about moving...

Why Cost Transformation Matters in 2023

Why Cost Transformation Matters in 2023? Cost transformation is more than just about cutting costs: managing costs effectively and ensuring they align with the organisation's strategy and main initiatives. It's...

How Carbon Literate are You? How Well Do You Understand Carbon Footprints?

What is ‘carbon literacy’? Basically, carbon literacy is an awareness of climate change and how our everyday activities affect climate change. The Carbon Literacy Project gives a fuller definition of...

Why Change Management Is Crucial In Procurement Transformation Projects

Efficiency and cost cutting are everything in procurement, and when you implement changes to improve these, it’s inevitable that you’re going to cause some disruption. To keep the project on...

Unlocking Growth: The Power of Diversifying Your Supply Chain

Why Diversifying Your Supply Chain Is So Important The Power of Diversifying Your Supply Chain - You don’t need us to tell you how essential supply chains are. Without them,...

What Are The Pressures That Procurement Faces In 2023 And Beyond?

What Are The Pressures That Procurement Faces In 2023 And Beyond? In recent years we have seen the demand placed upon the Procurement function significantly increase. It has been reported...

Why Procurement Compliance is Crucial

Why procurement compliance is crucial Complying with rules when contracting service providers and when approving purchases is an essential part of procurement. Compliance entails formulating processes for company spend management,...

Why Supplier Evaluation Is Crucial To Your Business

Supplier evaluation is the process of analysing potential suppliers and existing ones so that you have the best suppliers for your business. Choosing the right suppliers is essential; working with...