A procurement expert has warned that achieving ‘Procurement 4.0’ – the new-generation, fully digitalised procurement ecosystem combining big data analytics
An exciting fusion of strategic sourcing and supply relationship management expertise has been announced in the form of a new global coffee alliance between two giants of the industry: Nestlé and Starbucks.
Tech-driven procurement transformation offers seemingly unlimited potential for professionals, from eliminating laborious work to correcting mistakes and ensuring cost reduction.
Between May 2018 and 2019, the UK government intends to launch five major frameworks to aid and streamline public procurement.
Anyone professionally concerned with strategic sourcing, spend analytics and cost reduction in the procurement process may need to avail of emerging “deep learning” technology.
Procurement consultancy veteran Peter Smith has expanded on two apparently synonymous terms: procurement of innovation and innovative procurement.