Resources

Procurement myths about AI

AI is one of the most discussed topics across the world today. As with any popular topics myths are created and often used as reasons to not apply theory to practise. As a result, AI in procurement has developed a few myths along the way. According to a Hackett group...

Zycus Horizon Event 2021

We are pleased to let you know that we are back with Zycus’ annual flagship event, Horizon 2021 which is scheduled to be held on February 17-18, 2021 and it would be an absolute honour for us to have you as one of our esteemed guests. As an industry pioneer in AI...

Odesma and GSOS Inc announce new partnership to offer unique technological solutions to the UK procurement market

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...

Has the global pandemic caused the next wave of change in Procurement?

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...

Manufacturing slows as the sourcing of materials raises concerns

Latest figures from CBI reveal that manufacturing output is at its slowest since March 2020 in the three months to October. According to the latest CBI quarterly Industrial Trends Survey UK in 10 out of the 17 sub-sectors manufacturing output dropped, with the highest...

UK Government panel invite Amazon to help shape post-Brexit procurement

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...

Post-Brexit public sector procurement

We officially left the EU on the 31 January 2020. The current EU public procurement rules have continued in force in the UK during an 11 month transition period, Under the terms of the EU-UK Withdrawal Agreement. The transition period is close to expiring. The UK may...

Contagion spurs launch of novel PE vehicles to capture enhanced returns

The Covid-era boom in SPACs - special purpose acquisition companies - reflects private equity investors’ search for better returns in a low-rate world. The new big-money status symbol of 2020 is running your own blank cheque company. Hedge fund billionaire Bill Ackman...

Securing savings in third party spend to create real gains for Private Equity Owners

Within the Private Equity sector, increasing operational excellence across the PE Owner’s portfolio is
paramount to driving value creation and EBITDA improvements within their investments.