Negotiating a digital content license with a vendor can be daunting – and getting all the contractual details right perhaps even more so. But it doesn’t have to be that way. If you are new to this area, or just need a refresher, this article will get you off to a good start. This advice […]
How bad procurement harms your brand
Some people may still question the value of a Procurement function. So, let’s have a look at what happened to an organisation that did not invest adequately in this area. An organisation which did not put in place robust, fair and transparent procurement processes. Age Concern was in the news for all the wrong reasons […]
So, what’s the point of Procurement?
We all know how to buy, right? We do it every day. How hard can it be? Despite decades of delivering business benefits and taking costs out, Procurement often has to justify its own existence. This is particularly true in organisations where Procurement is predominantly seen as an order placing function, or at best as […]
Without a Sustainable Procurement Programme Your Brand is at Risk
Sustainable Procurement. Why should you care about it? Because more and more of your organisation’s customers and key stakeholders care about things like minimising waste, impact on society, the environment, etc. Organisations that ignore these concerns wilfully expose their brands to the risk of irreparable damage. Sustainable procurement is about “doing the right thing”. It’s […]
3 ways Procurement creates competitive advantages
Competitive advantages set your business apart. These advantages are the things your organisation does better than anyone else. Often competitive advantages are created over time with the contribution of many business areas. An empowered Procurement organisation collaborates with multiple touch points across the business. Procurement can, therefore, play a key role in building competitive advantages […]