Many within Procurement have heard of Dynamic Purchasing Systems (DPS), as well as rumours of the good, the bad and the ugly. Whilst there is no disputing there are Regulations to govern the how and what, they don’t detail the why. So, what are the benefits of setting...
No one would dispute that the COVID-19 pandemic created significant disruption to global supply chains. Nothing like this had happened in decades, and many operators relied on strategies that only partly addressed their challenges. Then came the Russian invasion of...
There are many pieces of legislation that currently help govern procurement behaviours within a workplace such as the Equality Act 2010 and The Public Contracts Regulations which both provide for a legal duty to eliminate discrimination and advance equality of...
To address and explore the future of the procurement function, the key theme of the recent 4CP Group Away Day focused on emerging disruptive technologies – their role in disrupting procurement and supply chain teams and how they will impact the business’ ability to...
By definition, a commodity is a basic good used in commerce that is interchangeable with other goods of the same type. Because of their substantially interchangeable nature, commodities trading has been evolving with humans since 4000 BC, when people in Sumer used...
