By Guest Contributor, Gerard Chick, Chief Knowledge Officer at Optimum Procurement Group
Businesses still care about managing their spending, but profitability is fast replacing the traditional cost savings focus. In turn this broader, more balanced emphasis on profitability, leaves open the question as to whether supply management concentrates on cost savings or revenue growth.
Guest article by Procurious
Is a lack of collaboration between procurement and critical business functions to blame for squandering budgets of UK businesses?
Procurement’s true value is held back by restrictive corporate cost saving edicts according to new research published today.
Guest article by Procurious
The price war between supermarkets in the UK is frequently referred to as a ‘race to the bottom’. But as the major retailers fight for market share, suppliers with already wafer-thin margins are the ones feeling the price war’s impact hardest.
Guest Contributor: Kevin Kimber, UKI Managing Director, Cloud, SAP AG
Business is different today. The rise of globalisation, outsourcing, and rapidly changing market dynamics have prompted companies to adopt more variable operating models to maximise agility and minimise risks. Businesses are more dependent upon external suppliers, talent, and partners than ever to do everything from product innovation to manufacturing to distribution and customer service. And a growing portion of their workforce isn’t even on their full-time payroll.