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Procurement Consultancy Blog

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The importance of Data Analytics and how to make it work

By: arunyadav | May 24, 2018

Fancy bar and pie charts, complex scatter graphs, even those 3-D area graphs we all wish we could use, they may look good, but what are they actually telling us? Let’s start with what Data Analytics is. It refers to “qualitative and quantitative techniques and processes used to enhance productivity and business gain. Data is […]

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How to Become Paperless and Why Some Never Will (Part 3)

By: Dan Butts| May 23, 2018

Within part 2 of this blog series we outlined the initial steps necessary to achieve a truly paperless procurement environment. In this final part of the series we will reveal how to engage Accounts Payable, Procurement and your suppliers all in harmony. We will then break down the KPI’s to measure for success along with […]

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The environmental benefits of using Procure to Pay software

By: joeciotkowski| May 18, 2018

With environmental issues perhaps slipping down the political and consumer agenda in these tumultuous times, it can be easy to for procurement leaders to focus on the bottom line. However, when it comes to the use of procure to pay software (P2P), the bottom line and environmental benefits are often intrinsically linked. Of course there […]

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Where to next? AI in procurement

By: alexandrapogacean| May 11, 2018

On a daily basis, we see artificial intelligence (AI) impacting our lives, and its advancement is not slowing. It’s already at work in iPhone’s SIRI and Amazon’s Alexa. Not so long ago, the greater part of the AI talk appeared to be centered around future transformations and future possibilities. Now we see that that future […]

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What GDPR means for Procurement and how it could give you Competitive Advantage

By: Andrada Sabo| May 2, 2018

GDPR – the topic that’s been on everyone’s mind, in the business world, for the past few months is slowly reaching its due date. So, is your business GDPR compliant? Moreover, is your procurement organisation GDPR compliant?   At first glance, making sure your company is GDPR compliant can be a real hassle – time […]

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How to Become Paperless and Why Some Never Will (Part 2)

By: Dan Butts| April 30, 2018

During part 1 of this blog series we looked at why going paperless is still a thing and in which areas benefits are still up for grabs. Within part 2, which you will hopefully stick around to read, we will outline the steps necessary to achieve a truly paperless procurement environment. And as you can […]

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Procurement in the digitalisation age

By: alexandrapogacean| April 25, 2018

In simple terms digital procurement is a combination of tools and processes combined with technology that altogether enable digital procurement across the procurement landscape. The past ten years have seen huge changes to the way businesses serve customers, market their offerings and enhance their supply chains. Digital transformation has brought unprecedented levels of efficiency, service […]

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How to Become Paperless and Why Some Never Will (Part 1)

By: Dan Butts| April 20, 2018

E-Invoicing isn’t the most exciting area of procurement – but it can deliver savings, improve relationships and open-up new possibilities. This Blog series explores the genuine benefits (and costs) associated with setting up e-invoicing, how to measure them, common pitfalls (and how to avoid them) and the bit that’s most often missed – what to […]

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The 7 Steps to an Effective Strategic Sourcing Process

By: bobthompson| April 5, 2018

Procurement organisations come in all shapes and sizes, supporting global corporations right down to SME’s right across the globe. As the profession becomes more established globally, those involved learn to follow a hybrid of the following 7 Step Strategic Sourcing process:   Step 1 Profile the category – understanding the category is the first step […]

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