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Webinar Wrap-Up: How to Drive Better Financial Resiliency
“Collaboration can help us to gain a competitive edge, allowing us to reduce costs to outmanoeuvre recession risks, minimise inefficiencies and improve our visibility. While we will continue to face daily challenges, the future is bright when collaboration is our secret weapon!”, said Tania Seary, founder of Procurious, as she kicked off the second part … Continue reading Webinar Wrap-Up: How to Drive Better Financial Resiliency
Seizing Opportunities with Collaborative Procurement
“The most forward-thinking organisations are harnessing the latest collaboration and business network technologies to transform their processes to support collaboration with internal stakeholders, external trading partners and suppliers.” – Nate Moon, Global Head of SAP Business Network for Finance, SAP. As a procurement professional, you face a critical decision: Collaborate or stagnate. Collaboration is a … Continue reading Seizing Opportunities with Collaborative Procurement
Unlocking the Power of Psychological Safety in Today’s Workplaces
In the fast-paced and ever-evolving landscape of modern workplaces, one factor stands out as a silent force driving organisational success: psychological safety. In an era where human resources are increasingly recognised as the most valuable assets, understanding the critical role of psychological safety is paramount. It’s not just about physical safety anymore; it’s about creating … Continue reading Unlocking the Power of Psychological Safety in Today’s Workplaces
Collaborative Procurement – Navigating Challenges and Driving Financial Success
Procurement and finance teams are typically viewed as two distinct functions with two very different sets of priorities. Procurement is focused on sourcing and purchasing goods and services and managing suppliers, while finance is concerned with budgeting, forecasting, and financial control. As organisations continue to navigate modern challenges, such as supply chain disruptions, geopolitical uncertainties, … Continue reading Collaborative Procurement – Navigating Challenges and Driving Financial Success
How to Build a Supplier-Centric Culture
Among the top ten priorities in procurement, The Hackett Group’s 2024 Key Issues research put Supplier Relationship Management (SRM) firmly in the middle behind data analytics and reporting, talent management, category management, and strategic sourcing. You might argue that SRM deserves to be higher up this list, but there’s also a strong argument that if … Continue reading How to Build a Supplier-Centric Culture
How to Automate Your Way Out of Annoying Manual Practices
For all its many benefits, digital transformation comes with its risks. And one of the biggest is, perhaps, you and me. Or more generally, humans. Even the best technology solution can be hijacked by resistance, anxiety or a lack of understanding. It’s us, you see, not the systems, that are most likely to place a … Continue reading How to Automate Your Way Out of Annoying Manual Practices
Why Procurement Must Focus on Supplier Experience
High-performing procurement organisations leverage procurement-supportive technology to elevate and automate themselves out of tactical work and into positions where they can focus on strategy. But liberating staff from menial tasks also frees their time to focus on other valuable initiatives (areas that have perhaps taken a back step until now). One key area of focus … Continue reading Why Procurement Must Focus on Supplier Experience
Collaborative Procurement – Using Tech to Drive Relationships
“Sharing is good, and with digital technology, sharing is easy.” – Richard Stallman, Free Software Movement Activist and Programmer As we discussed in our previous article, the strength of Procurement directly correlates to the strength of its supply chain and wider network of external stakeholders. Having strong relationships with the supply chain has proven increasingly … Continue reading Collaborative Procurement – Using Tech to Drive Relationships
10 Proven Ways to Boost Your Logistics Performance
This article was originally published on Logistics Bureau and has been republished here with the author’s permission. Every company in this field aims to enhance its business operations, especially its logistics performance. Taking this step can elevate your business to another level. Are you striving for the same? If so, here are the 10 most … Continue reading 10 Proven Ways to Boost Your Logistics Performance
Essential Support Mechanisms to Develop Female Leaders in Sustainable Procurement
A common conversation in many organisations is addressing the global gender gaps, especially when taking a stance on advocating for women in the workplace. Although the rate of progression has improved year over year, there are still crucial changes that must be made in order to continue to bridge the gap for women. In a … Continue reading Essential Support Mechanisms to Develop Female Leaders in Sustainable Procurement