What is indirect procurement? A company’s procurement function can be split into two parts: direct and indirect procurement. What’s the difference, and does your business have a firm handle on both types of cost? What’s the difference? Direct procurement is the…
Are your contracts still fit for purpose?
Are your contracts still fit for purpose? Prior to the Brexit, Covid & Ukraine challenges contract management and adherence was challenging enough, with the responsibilities split across multiple departments and stakeholders. As teams have become more remote so the links between…
Hot topic: Building a high-performing procurement team
Hot topic: Building a high-performing procurement team During the recent testing times, the Procurement department has come to the fore for in many businesses. Organisations have seen the true value Procurement can offer for the entire business and those that have…
Courier & Logistics
Our Experts View: Couriers & Logistics The high price and lower availability trends in international logistics are also being reflected in the UK courier & logistics market. Whilst some factors are universal, including the impact of higher fuel prices, many are…
International Freight
Our Expert View: International Freight The last 2 years have thrown up many challenges in the international freight market. Some of these were; Covid lockdowns impacting freight loading, demand and vessel availability The Ever Given Suez blockage causing a backlog in…
Top Tips: Contract Management
Top Tips: Contract Management Many supply chains have been impacted by recent global events and procurement teams are pushing to find new ways to manage these challenges. Supplier relationships are a key element to this and ensuring you have oversight of…
Spend category highlight: MRO
Spend category highlight: MRO A subsection of Facilities Management (FM), MRO stands for Maintenance, Repair and Operations. MRO refers to products and tools used by companies to create a product, encompassing any item that is used in the production process but…
Spend category highlight: Retail packaging
Spend category highlight: Retail packaging Did you know that retail packaging as a spend category can cover a wide range of products and services? Examples include store bags, gift boxes, ecommerce boxes and bags, receipt wallets, labels and invoicing. Packaging spend…