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This is not a political piece; it’s a conversation starter. We don’t always think of government departments as being efficient, but we could take inspiration from a corporate perspective looking in. Procurement is a critical function for mid-sized enterprises, directly impacting the bottom line. While large corporations have sophisticated procurement strategies, mid-sized businesses often struggle […]

A Compelling Business Case for More Reliable, Secure, Compliant and integrated DevSecOps platform, Approach and Framework This week’s Barclays IT debacle in United Kingdom (https://www.bbc.co.uk/news/articles/cd9qzg92g72o) has raised serious concerns about the robustness of enterprise IT systems and their impact on business continuity. A major outage on crucial deadline to submit annual income tax return, Barclays […]

In today’s volatile economic landscape, cost savings remain a top priority for procurement and supply chain professionals (71% agree- Deloitte CPO survey 2024). Inflationary pressures, supply chain disruptions, and increased regulatory scrutiny have made cost efficiency more critical than ever. However, the rise of Environmental, Social, and Governance (ESG) standards adds complexity, as businesses must […]

In the wake of the UK’s October 2024 budget, businesses are grappling with mounting financial pressures due to increased taxation and National Insurance (NI) obligations. The Chancellor’s announcement of a £40 billion tax hike—the largest since 1993—includes a rise in employers’ NI contributions from 13.8% to 15%, set to take effect in April 2025. Additionally, […]

Gartner suggests that 35% of maintenance contracts lapse due to lack of visibility or management capability. These figures highlight the challenges organizations face in managing contract renewals effectively, emphasizing the importance of comprehensive market assessments to ensure optimal value and service quality. In the fast-evolving world of procurement, annual maintenance contracts (AMCs) play a vital […]