Procurement is a constantly evolving & undervalued operation that impacts every facet of an organisation. This evolution means that the function’s success is no longer just about sourcing services and reducing cost. Nowadays, procurement teams face an increasing number of complex challenges. The obstacles that come with it are an inherent part and parcel of…
Thankfully there has been consistent progression over the last 15 years towards digitalising the Procurement Process, with eProcurement in all its forms replacing scenes like this Tender Opening event (with the suffering evaluators drowning in paperwork); At a public-procurement level across Europe, this trend continues in 2018, whereby all public tender submissions will have…
The key to effective stakeholder engagement is simple! For stakeholder engagement to be successful it is vital to build a trusting relationship with your customer and understand their objectives by communicating one to one or in small group situations. The aim of engagement is to achieve the desired outcomes, this should be the focal point…
Have you ever given much relevance to the letter ‘v’? I know you’re thinking ‘Who starts a blog about something as intricate as data asking such a question? Nobody has a vested interest in an inanimate letter!’ Let me change your mind… The term ‘big data’ has swiftly become a buzzword, one that has varying…
The deadline for GDPR compliance is now fast approaching (Friday 25th May 2018). The impact on business will vary depending on the activities, nature and sensitivity of the data held. The GDPR relates to all data held (supplier, customer and employee) which can identify a ‘Natural Person’. The roles and responsibilities of a business in…
Over the past 15 years, there have been numerous campaigns by the United Nations[1], the World Bank[2], the OECD[3] and most recently the European Commission[4] to ‘professionalise the procurement profession’. This year’s Deloitte Global CPO Survey also highlights the current Talent Gap, whereby the majority of procurement professionals are still concerned about the talent available…
