Procurement Challenges and how to manage them
In an increasingly complex environment Chief Procurement Officers have to face many procurement challenges. They can no longer focus purely on reducing costs and delivering goods and services: The role of procurement within organisations continues to expand so the...
The Challenges of Traditional Procurement Process
Traditional procurement processes can be characterised by manual and resource-intensive activities. Even where some automation is in place there can be unacceptable levels of manual transactions and activity to address exceptions, ad-hoc purchases or specific project...
Category based procurement
1: Introduction Category procurement is perhaps the most common break down for Procurement teams and certainly is the most focused on in terms of written articles. Often these articles are focused on specific categories and their respective challenges. It would be a...
5 steps for Procurement to impact on financial results
Introduction Procurement is a complex multidisciplinary team activity that crosses all areas of the business. The variables and complexities of purchasing products and services, from basic supplies through to strategic purchases, make Procurement a key resource within...