In the unpredictable world of global trade, risk management remains a cornerstone of a robust business strategy.

We sat down with Dr Sebastian Moritz, an award-winning expert in game theory, to discuss how it is best applied to the procurement and supply chain industry.

Speakers from Visa, Hitachi Rail and GEP gathered to discuss why now is the ideal time to make positive changes through taking calculated risks

Supply chain and procurement organisations face a double whammy of struggling to recruit employees who possess the critical skills they need, while retaining the existing skilled employees who make their businesses tick.

Distance is increasingly viewed as a risk factor that can be mitigated in supply chains through strategic sourcing. A recent report from Skills Dynamics explains the importance of increasing resilience with a more considered approach

All NHS organisations are now able to benefit from a centrally maintained eCommercial system, designed to help procurement teams improve commercial efficiency, gain greater visibility over spend and reduce risk. 

Skill Dynamics surveyed more than 200 supply chain and procurement professionals on both sides of the Atlantic, about their organisations’ sustainability initiatives, practices, policies and the barriers they may be experiencing in achieving their goals. Here are some of the key takeaways

Global crises and uncertainty demand new priorities to prepare for the future

After two tough years of trying to keep the wheels rolling for their organisations, procurement departments are emerging into the light with the potential to make strategic decisions rather than simply survive.

A straw poll, taken as part of a recent Celonis sponsored webinar, showed that 74% of participants’ organisations are undergoing a transformation this year. Yet this still may not be enough. It is still a very long journey for most organisations to achieve excellence in procurement. To find out more about how technology can help drive transformation in your oragnisation, read this upcoming article... 

No one will be surprised to learn the pandemic has hit business travel, but what have procurement teams been doing during this enforced down time? Our recent virtual roundtable, in partnership with TripActions, discussed how travel policies are being reimagined with a much more sustainable approach

The ramifications of new rules being brought in by the Prudential Regulation Authority (PRA), and how they affect the world of procurement, were discussed during an exclusive virtual roundtable event.

Australian procurement and supply management teams need to be vigilant of a number of risks which could threaten the reputation of organisations and endanger supply, says Avetta’s Anthony Webster-Smith

The Covid-19 crisis has put procurement in the spotlight like never before. Purchasing departments are expected to ensure their supply chains are resilient and responsive. To do this they require transparency in order to make rapid decisions based on real-time data.

Find out what simple steps you can take - fast - to help your business pull through and prosper at this precarious time…

We all know the theory: calculate safety stock using a formula that includes the variability of the demand, the reliability of supply and the desired customer service. But what happens if conventional wisdom no longer applies and doing what you’ve always done is not an option? Here’s some unconventional wisdom for these unusual times…

The world of expense management is changing thanks to fully digitised solutions that can save time, cost and alleviate much of the personal stress associated with this universal and necessary process. Read this CIPS Download article, produced in partnership with Traveldoo, to find out more.