by Adam Reed | October 31, 2022 | Procurement Content, Procurement Whitepapers
Sourcing systems have been around for many years and are utilised by a wide variety of companies. However, they are rarely used to their full potential; most systems come with advanced functionality that can be used to run many types of event, and as these systems get...
by Adam Reed | October 30, 2022 | Procurement Content, Procurement Whitepapers
£327bn of trade credit is locked up in the UK supply chain. The practice of holding payments owed to the next supplier down the chain, effectively creating interest free loans, means that it takes UK businesses on average 58 days to receive payments on 30 day terms....
by Adam Reed | October 29, 2022 | Procurement Content, Procurement Whitepapers
It’s not just about the implementation. Most organisations focus heavily on the “during” stage of an s2p implementation, putting their efforts and attention on this part of the journey. However, the two areas that get less attention, but are as equally as...
by Adam Reed | October 28, 2022 | Procurement Content, Procurement Whitepapers
Although eAuctions have become more commonplace within business, in some quarters there is still scepticism over their effectiveness and uncertainty in how to drive good, fair results. For the Buyer, auctions drive pricing to levels that cannot be achieved in...
by Adam Reed | October 27, 2022 | Procurement Content, Procurement Whitepapers
Yes, and there are a host of figures to support this. These figures transect industry and geography to show millions of pounds of savings are being missed each year through poor usage of Procurement systems. A recent study, for example, by Aberdeen Group (2011) found...
by Adam Reed | October 26, 2022 | Procurement Content, Procurement Whitepapers
This whitepaper is Part Two of our previous post and covers a summary of our Complete Procurement framework as well as detail of the mechanical aspects of procurement. Part One (in January) covered the behavioural elements of the framework. When we talk about the...
