Manchester based procurement consultancy, Odesma, has announced its partnership with USA based GSOS Inc. to bring their services to the UK. This collaboration is aimed at accelerating and optimising digital technological advances available to procurement functions...
The last major changes to procurement and their operating models could be seen during the financial crisis of 2008. As with any global crisis the revenue streams of many multinational companies begin to dry up and margins get squeezed, procurement is seen as a key...
It has been revealed that Amazon are advising ministers in the UK government on how to buy goods and services post-Brexit, while collecting millions of pounds in contracts itself. A UK newspaper has revealed the US based company sat on a “secretive” panel set up...
Tuesday 14th July 2020 Award winning procurement consultancy, Odesma Ltd, has announced it’s exclusive strategic partnership with Zycus, a global leader in A.I. driven Source-to-Pay fully integrated solutions. The partnership is set to...
Following on from Monday’s announcement from the UK government to put in place protective measures to safeguard us all in the UK, Procurement has a key role to play in ensuring continuity of supply chains, keeping in touch with suppliers whilst ensuring internal...
A procurement expert has urged public sector procurement and supply chain professionals to push back against the intense pressure to confine them primarily to cost-reduction initiatives and focus instead on demonstrating their true worth by adding value and mitigating...
The NHS is pioneering an intriguing new approach to procurement that may have relevance to procurement professionals engaged in industries well beyond the health sector, the medical technology news outlet Med-Tech Innovation reports. The novel initiative,...
As a procurement professional, you are always at risk of bribery. Bribery is unacceptable and is also illegal under the Bribery Act 2010.
Procurement professionals should reach out to colleagues in finance and offer to help out with vendor payments and the cash-to-cash cycle (CCC)
A procurement expert has emphasised the importance of tail-spend management, arguing that overemphasis on seeking optimal cost reductions
