The balancing act between sourcing from deflationary markets and security of supply has long been a contentious topic, with the pursuit of cost reduction often conflicting head-on with the need for supply chain reliability. So, in a world that’s increasingly...
A few days back, Jeremy Smith attended the Procurement Leaders | A World 50 Group Community World Procurement Conference, an event that brought together over 800 procurement leaders. It was the 20th anniversary of Procurement Leaders running this event too, so much to...
The Procurement Act 2023 will overhaul the existing public procurement regime in the UK. These reforms aim to create a simpler and more flexible procurement system, open up opportunities for new entrants (such as small businesses and social enterprises), and enhance...
Albert Einstein once said, “You can’t use an old map to explore a new world”. Well, fast forward to 2024 and these words of wisdom are as relevant as ever in today’s era of constant digital disruption. Everywhere we look, companies across all industries are facing an...
4C have partnered with the leading intake and procurement orchestration platform Zip, bringing together their cutting-edge procurement technology with our deep function insight to revolutionise procurement. Read an article from BusinessWire summarising the partnership...
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...
