Every day is Black Friday in British Retail

Every day is Black Friday in British Retail

Pro Ganguly Blog, Retail

Black Friday. The American retail phenomenon. Usually the day after Thanksgiving Day and billed as the start of the Christmas shopping season. Billions of dollars being spent by consumers, enticed by heavily discounted items from all retailers, for one day only. A phenomenon that was imported to the UK a few years ago by American owned retailers such as Asda …

Consultancy UK: 4C Associates launches procurement and cost management solution

4C Associates In the press

European procurement consultancy 4C Associates has launched a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues. With the approach of Brexit likely to complicate many logistics chains in the UK and EU, the new line of insight-as-a-service products is hoped to offer clients a way to analyse and rapidly improve their procurement …

4C Associates launches “Insight-As-A-Service” to address procurement and cost management issues

4C Associates launches “Insight-As-A-Service” to address procurement and cost management issues

admin Press Releases

4C Associates, a leading European procurement consultancy specialising in cost reduction and transformation has launched “Insight-As-A-Service”, a range of software modules, collectively the 4C Analytics platform, to address procurement and cost management issues. Insight-As-A-Service is a new line of business for 4C Associates, that is gaining traction with new and existing clients. The new 4C Analytics platform combines the knowledge …

Game Theory and how to improve e-Auction value delivery

Sunny Agnihotri Blog, Procurement

Much has been written about the decline in savings from the long-term use of e-auctions. The law of diminishing returns is often quoted as applying to e-auctions in just the same way as any other sourcing strategy. So what can you do about it? After all e-auctions are a very efficient way of sourcing low-to-medium value/risk products, which could otherwise …

Improving cost efficiency through spend analytics

Improving cost efficiency through spend analytics

Yorick Plouvier Blog, Technology

Spend analytics is the process of collecting, cleansing, classifying and analyzing data, helping to gain visibility and transparency into spend data, tracking procurement and financial performance metrics, and to providing actionable insights.  Companies perform spend analysis for several reasons, the core business driver for most organizations being profitability. In addition to improving compliance and reducing cycle times, performing detailed spend …

Spend Matters: What Procurement Needs To Think About for Life after Brexit by Scenario

4C Associates In the press

Jeremy Smith Managing Partner at 4C Associates spoke at eWorld recently, taking a look at some of the ways Procurement can help the organisation prepare for Brexit – in whichever form it comes. He looked at some of the challenges procurement can start to think about, their more global implications for the UK and some of the more localised effects on procurement. …

The lasting appeal of bricks and mortar shops

The lasting appeal of bricks and mortar shops

Milan Panchmatia Blog, Retail

With many predicting a dire future for physical shopping outlets, 4C Associates’ Milan Panchmatia explains why shops will continue to play a key role in retail strategy. There is no denying the huge impact online retail has had on bricks and mortar shops, however, that does not mean there is no place for physical store fronts in today’s world. Nowadays …

Public Sector – Is it right to be wary of The Cloud?

Public Sector – Is it right to be wary of The Cloud?

Daniel Bone and Dominic Rocha Blog, IT, Procurement

In recent years, procurement functions within the private sector have recognised the value of cloud technology and solutions, to the extent that procurement can play an integral role in the organisations move to digitalisation. This involves utilising cloud Procure to Pay (P2P) and Source to Pay (S2P) solutions to drive value for money. Despite the benefits reaped within the private …

Negotiation Strategies

What makes a good negotiation? Reflection on key characteristics

Adam Strauchold Blog, Procurement, Strategy

As procurement professionals, we frequently come across a view that negotiation is the core of our job – at times it’s even the only thing we are asked to do! Our stakeholders (managers of finance, operations, engineering, marketing, and other departments for whom we buy) see us as expert negotiators. Just picture a typical situation: a fleet director agrees with …