Do you have a secure supply chain? How well do you really know your suppliers?

In today's fast-paced and ever-evolving business landscape, the significance of a secure and resilient supply chain cannot be overstated. Our 4C Transformative Procurement Survey highlighted that only 38% of respondent had a very good understanding of their first-tier supply base and more worryingly only 21% had only a basic understanding- which raised the question… Do you have a...

Read more

Mastering the Robot …. Automate > Innovate > Elevate 

The modern business landscape where efficiency and productivity are paramount demands that organisations evolve quickly to survive. Robotic Process Automation (RPA) is a key tool in this quest, allowing for the rapid automation of repetitive tasks that were once performed by humans. But what is RPA and how might it transform procurement?

Read more

The Blockchain Revolution: Cutting Through the Chain of Uncertainty

In a world where transparency is of utmost importance, trust is the most valuable currency, and middlemen are becoming obsolete. It may seem utopian, but it’s happening now, and all sector and industry leaders are quickly adopting it. Blockchain is here.

Read more

Environmental Commitments and Cost Efficiency: One or the Other, or the Best of Both?

Environmental Commitments and Cost Efficiency: One or the Other, or the Best of Both? Find out how to align your cost reduction and environmental commitments with practical tips and real-life examples. Read on and discover how to make your business more sustainable and profitable.

Read more

Aligned with Success: Why a Fully Developed Procurement Vision and Strategy Could be Your Key to Growth

Our research in the Transformative Procurement Survey demonstrated that only 6% of organisations had a developed procurement vision and strategy which was fully aligned to all short and long-term business objectives. This may seem alarmingly low, but when you separate functional objectives from those specific to the business, think about your business – do you actually have procurement functional...

Read more

Enhancing Supply Chain Resilience: Transforming your Procurement Operating Model

We live in an increasingly interconnected, complex and uncertain global marketplace, where the significance of a resilient supply chain cannot be overstated. In this blog, we will highlight the importance of optimising your procurement and supply chain activities to develop enduring risk protocols and resilience through the fundamental transformation of your procurement operating model.

Read more

Can Pan-Enterprise Procurement Category Strategies Drive Innovation and Market Leadership?

Pan-enterprise procurement category strategies hold immense potential for organisations aiming to drive innovation, optimise efficiency and achieve cost savings. However, addressing challenges related to data management, organisational complexity and change management is crucial for successful implementation. In this blog, we will explore the innovations pan-enterprise procurement category strategies can bring, as well as effective solutions to overcome implementation hurdles.

Read more

Byte-Sized Brilliance: Nurturing the Digital Mindset

To become a digital leader, you must be data-driven, curious, adaptable, digitally fluent, and collaborative. You must also understand the societal impact of technology and be able to translate it into business strategies. This blog discusses six key strategies to help you grow into a digital mindset. Becoming a digital leader is an ongoing journey, but by following these...

Read more

Corporate sustainability: how much do employees really care?

Sustainability continues to be a key concern for individuals and businesses alike, with an ongoing spotlight on how we can be kinder to our planet, both at home and in the workplace. To investigate this, we surveyed 41 individuals on their attitudes towards sustainability, both in their personal lives and in the workplace. All respondents were aged 18-55, with...

Read more

Transforming Supply Chains: Your participation in the 4C Survey will help you think differently about your supply chains

Supply chain and logistics innovation is essential for businesses to stay competitive and succeed. It can help improve financial performance, customer satisfaction, and employee motivation. Organizations need to be able to keep up with the pace of change and implement widespread initiatives to distinguish themselves from their peers. The 4C Transformative Supply Chain Annual Survey can help businesses assess...

Read more

Analogue to Algorithm: Pioneering Change in a Digital Frontier

Delve into the importance of change in the procurement domain, how diverse approaches to change management can impact outcomes and how a harmonious blend of change management principles and technology can drive successful transformation.

Read more

The importance of sustainability in the corporate world

Our sustainability event in London discussed importance of sustainability for organizations and how they can collaborate with supply chains to drive sustainability. The event highlighted the challenges of sustainability, such as working with complex supply chains and keeping up with regulations. It also discussed how companies are waking up to sustainability and how they are collaborating with their suppliers...

Read more

Sustainability and Cost Reduction: Are They Mutually Exclusive?

In the current economic climate, procurement teams face the challenge of reconciling the push for sustainability with the need for cost reduction. Businesses are urged to adopt eco-friendly practices even if they come at higher costs, while inflation drives the demand for cost cutting. The conventional belief that sustainability drives up cost is being challenged. Strategies such as Total...

Read more

From Automation to Analytics: How Technology Is Making Supplier Management More Efficient and Effective

In the rapidly evolving business landscape, effective supplier management is essential for competitiveness and success. Technology is reshaping this landscape, introducing automation, analytics, collaboration, transparency, and AI to enhance value and performance. Inefficient contract management causes potential value loss, while most procurement lacks advanced supplier relationship programs. Technology-driven automation streamlines tasks like ordering, boosting efficiency and supplier performance. Analytics...

Read more

Survival of the Fastest: Why the ‘3 Ps’ Must Become the ‘4 Es’ 

Traditional businesses need to adopt technology platforms to improve efficiency, sustainability, and compliance. Technology platforms are essential for businesses to survive and thrive in today's world. Businesses that resist new technologies will be at a competitive disadvantage. The blog discusses three key challenges of not investing in new technology platforms: data leakage, compliance failure, and talent deficiency. It also...

Read more