How technology can speed up your procurement process
September 20, 2023 at 8:30 AM
In today’s article, we’ll be discussing the top ways in which technology is impacting procurement. From automatic document generation to collaborative scoring and real-time analytics, incorporating technology into your procurement decisions has the potential to speed up and streamline your workflows. Used effectively, manual and often time-consuming tasks can be automated, allowing your teams to focus on the more strategic elements, including supplier relationship management, innovation and sustainability.
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supplier diversification
Diversifying your suppliers within your supply chain
August 15, 2023 at 9:16 AM
Your organisation may be one of the many organisations nowadays relying upon external third parties to conduct a range of businesses processes on your behalf. But how can you be sure that you’re not outsourcing too many of your core processes? The answer is supplier diversification. Supplier diversification plays a crucial role in enhancing organisational resilience and it involves engaging multiple suppliers or service providers to fulfil various needs within an organisation. In this article, we will be exploring why this strategy can be a means to protect the health of your supply chain.
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smaller supplier
The role of the smaller supplier in the supply chain
August 1, 2023 at 9:23 AM
Many smaller suppliers may believe they are unable or unsuitable to meet the needs of well-established, blue-chip companies, however this is often not the case. While some small suppliers may lack some of the compliance standards required, they often have many other benefits including agility and innovation. In this article, we will explore why being smaller could actually be the reason why an organisation is chosen over others in a bid.
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