by 4C Insights | May 3, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Industrial Manufacturing, Life Sciences, Nuclear, Public Sector, Retail & Consumer, Transport & Infrastructure
In the article, Joe highlights the importance of: Real-time updates on catalogue pricing and contract risk monitoring without human intervention. Automated 24/7 negotiations for low-value purchases (tail-spend) powered by bots. Procurement orchestration tools that...
by 4C Insights | May 2, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Industrial Manufacturing, Life Sciences, Nuclear, Public Sector, Retail & Consumer, Transport & Infrastructure
In the pursuit of responsible business practices, sustainable procurement has emerged as a pivotal concept, intertwining economic efficiency with societal and environmental well-being. Sustainable procurement embodies an organisation’s commitment to acquiring goods...
by 4C Insights | Mar 25, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Industrial Manufacturing, Life Sciences, Nuclear, Public Sector, Retail & Consumer, Transport & Infrastructure
Robin Agarwal, 4C’s Head of Operations featured in this month’s SupplyChain Strategy magazine, sharing insights into how AI can help solve the challenges climate changes are making to supply chain forecasting and how it can help identify and manage risk. Read the full...
by 4C Insights | Mar 22, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Nuclear, Public Sector, Transport & Infrastructure
The Procurement Act granted Royal Assent by Parliament late last year is poised to usher in significant change for public sector procurement in the UK. The Act aims to modernise procurement practices, maximising public benefit, transparently sharing information,...
by 4C Insights | Mar 4, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Industrial Manufacturing, Life Sciences, Nuclear, Public Sector, Retail & Consumer, Transport & Infrastructure
With fluctuating inflation, energy costs and shifting consumer demand, 2024 will be an unusually turbulent economic climate; compressing working capital cycles by optimising the time between paying suppliers and collecting from customers will be vital for companies to...
by 4C Insights | Feb 1, 2024 | Defence & Security, Energy & Utilities, Financial Services, Health & Social Care, Industrial Manufacturing, Life Sciences, Nuclear, Public Sector, Retail & Consumer, Transport & Infrastructure
Government procurement officers rejoice! The monstrous spreadsheets, disjointed records, and muddy data lakes draining time, money, and sanity are finally getting binned. How? Through the implementation of a supplier data platform. It’s a perfect time to let your...