Government-led taskforce to make supply chains sustainable
The UK Government has just created a new “taskforce” comprising 17 business leaders, who will be working with businesses to help them
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e-Auctions: what are they and how can they help?
e-Auctions are an e-sourcing concept, where a company or government agency issues a digital RFP for products or services. Companies that are interested in winning the contract bid against each other. It encourages healthy competition between suppliers and vendors and...
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Government must focus on SMEs to fulfil procurement commitment
When techUK published its fourth annual Govtech SME Survey, it offered insights into the challenges that small or medium-sized enterprises (SMEs) face when fulfilling public sector procurement contracts. The UK government had committed to spending 33% of public sector...
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SAP partners Uber Freight to improve digital supply chain
SAP Logistics Business Network has forged a new partnership with Uber Freight with the aim to optimise freight transportation processes. It is anticipated that this partnership will enable more business intelligence and automation in the digital supply chain. ...
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Tail spend management in procurement: things you should know
When it comes to procurement, most organisations follow the 80/20 rule, where the highest spend categories comprise 80% of the procurement cost, with 20% dedicated to tail spend. As a result, most organisations focus on optimising the 80% spend and ignore tail spend....
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Digital platforms deliver unprecedented cost reductions for procurement teams
With Deloitte CPO surveys showing that cost reduction leapt as their main priority from 69% in 2014 to 78% in 2018, procurement teams are turning to new strategic sourcing platforms to achieve impressive enterprise savings. This is according to the online...
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