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Posts
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Top Supply Chain Challenges in 2025
14.01.2025As the global economy evolves, procurement and supply chain management faces unique challenges. 2025 is no exception, with various factors, such as geopolitical tensions, labour and raw material shortages, environmental […]
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Europe’s Supply Chain Workforce: Overview, Challenges & Trends
09.01.2025Europe’s economy relies on a complex supply chain network that connects manufacturers, businesses, and consumers. This system, supported by the EU’s robust economy and infrastructure, ensures a smooth flow of […]
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Warehousing – Key Benefits, Trends & Future Outlook
17.12.2024Efficient warehousing operations are essential for meeting the demands of supply chains, especially as manufacturing and e-commerce businesses drive the need for rapid, accurate order fulfillment. What was once traditional […]
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Bill of Materials – What It Is, How It Works & Its Benefits
02.12.2024A Bill of Materials (BOM) is a tool that helps to simplify complex products and industrial processes. Think of a product, such as a car, that is composed of 10,000 […]
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European Supply Chain Act – Key Insights
21.11.2024On 24 May 2024, the European Parliament passed the EU Supply Chain Act, requiring European companies to uphold human rights and environmental standards in their supply chains. The law targets […]
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Optimising Tail Spend in Engineering: Unlock Savings & Boost Efficiency
08.11.2024Tail spend (or long tail spend), often dismissed as inconsequential, can quietly erode an organisation’s bottom line. This seemingly minor expenditure on low-value, high-volume items can quickly spiral into a […]
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Sustainable Procurement 101: A Comprehensive Guide for Businesses
18.10.2024Balancing People, Planet and Profit In the modern business landscape, sustainability is no longer a mere buzzword; it’s a strategic imperative. Companies increasingly recognise the need to operate sustainably, not […]
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Risk Assessment Matrix – What Is It & How It Works
10.10.2024Imagine a project running smoothly, then suddenly running into a roadblock. Missed deadlines due to unforeseen delays, or budget overruns caused by rising transportation costs. These are just a few […]
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Target Costing: A Blueprint for Procurement Engineers
26.09.2024Achieving cost efficiency while delivering high-quality engineered solutions is essential for success. Target costing is a strategic approach that integrates cost management into both product design and development, ensuring that […]
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Direct vs Indirect Procurement – What’s the Difference?
11.09.2024From raw materials to office supplies, procurement is the backbone of any business. It involves the entire acquisition process, from identifying suppliers and negotiating contracts to managing deliveries and ensuring […]
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Supply Chain Issues: Transportation Cost
15.08.2024Supply chains constantly face several challenges, including fluctuating demand, inventory shortages, and port congestion. Among these, rising transportation costs have emerged as a significant concern. High fuel prices, shortage of […]
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Source to Contract
09.08.2024Source to Contract (S2C) technology can help to optimise the upstream procurement processes Optimising upstream procurement processes is essential for organisations striving for efficiency and competitiveness. Source to Contract processes […]
