When undertaking procurement transformation, all aspects related to supply chain management must be able to keep up with the pace of change, as well as evolving priorities.
A leading procurement industry expert has called for more proactive thinking in supply relationship management, risk assessment and category management in the light of the recent carbon dioxide shortage.
The prevailing approach to tail spend – the bottom 20% of third party spend – is to triage it. That is to put in place a small team acting as a sourcing or help desk to gather three quotes or similar from a bunch of suppliers, and then advise the internal requistioner of the outcome. They then choose to either buy from the cheapest supplier or not.
Amazon has the distinction of being the fourth-largest company in the US. There are four key pillars to this massive company
British journalist and procurement industry analyst Nancy Clinton has shared some insights from the public sector Technology Procurement Symposium
A new initiative by the British Government will make the evaluation of social value a core consideration in all major Government procurement projects.