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Market Insight

Blog articles which provide up-to-date market insights on all things procurement-related.

What is Procurement?

What does procurement in business look like? In this guide we take a look at the differences between direct and indirect procurement, how procurement and purchasing are so different, a brief overview of procurement law, what ethical procurement means and understanding what sustainable procurement looks like.

By Jane Shortall on 12 November 2021

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Empty shopping cart in forest

Sustainable sourcing
Why it’s as much about the journey as the destination

Sustainable sourcing is increasingly on the agenda for many organisations and those that are seeking to improve their environmental and ethical credentials are looking to procurement as a key enabler of the change required to make a difference.

By Steve Rowland on 7 November 2021

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What is a Procurement Framework?

When it comes to procurement strategies, there are many different ways to get goods and services for the costs and benefits that a public sector organisation is looking for. In this guide, we take a closer look at what a public sector procurement framework is, how they work, their advantages and disadvantages.

By Jane Shortall on 5 November 2021

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Rainbow painted concrete stairs

Procurement cycle
A complete guide

Our guides to the procurement cycle outlines the steps that buyers should take throughout their time in the procurement phase. It will help to give you a greater understanding of the importance of contracts with suppliers, terms and conditions as well as keeping all the documents in a centralised location for supplier relationship management purposes.

By Steve Rowland on 19 October 2021

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Close up of five and twenty pound notes

How to reduce costs in procurement

In this article, we take a closer look at the short-term and long-term solutions you can implement to reduce costs in procurement.

By Jane Shortall on 5 October 2021

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Colourful cog wheels

Procurement process
A complete guide

In this guide, we offer a full overview of the procurement process, what a procurement process should include, and how to develop one in seven steps. We will help you understand how a robust process can help you save money, become more efficient, and make procurement a strategic enabler in your organisation.

By Jane Shortall on 29 September 2021

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Hand signing contract

Procurement contract management

The better your relationship with your suppliers, the better the overall deal you are going to achieve both in procurement and within Contract Lifecycle Management. In this guide, we provide insights into the contract management process and how to optimise your long-term supplier relationships.

By Steve Rowland on 23 September 2021

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Procurement strategy
A complete guide

In this guide, we will cover all the essential areas to create a digital procurement strategy, what the types of strategies include, and how to develop one. We will help you understand the advantages of establishing your own variety of procurement strategies helping to not only identify areas of cost savings but also creating a more efficient business practice.

By Jane Shortall on 21 September 2021

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Businessmen looking over paperwork with laptops

Public procurement
A complete guide

There is a substantial amount of public procurement that occurs in our everyday lives without which, institutions, public bodies and infrastructure would not be able to function. In this guide, we will provide a better understanding of what public procurement is, and the rules that govern it.

By Mick O'Donnell on 21 September 2021

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Aerial View of containers in port

Building resilient supply chains
Why – post-pandemic and BREXIT – it’s time to look forward, not back

If the pandemic has taught us anything, it is that procurement organisations must look forwards, and not backwards. To guard against future disruption and uncertainty, now – more than ever – it’s time to build supply chains that are truly future-proof.

By Mick O'Donnell on 8 June 2021

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The procurement staffing challenge for local authorities
Why the public sector struggles to attract and retain procurement professionals – and what you can do about it

Public sector procurement can be challenging and it can be tricky to maintain and efficient and effective procurement function. Discover what you should be asking yourself in order to retain high-calibre procurement professionals.

By Mick O'Donnell on 11 May 2021

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5 key trends in procurement post-pandemic
... and 5 ways this impacts the role of CPO

In this blog we look at 5 key procurement trends which we have witnessed, following the COVID-19 pandemic. We explore what this means for procurement teams and the role of CPO as a whole.

By Steve Rowland on 10 May 2021

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