Strategy Archives - Page 2 of 4

Sustainability and Cost Reduction: Are They Mutually Exclusive?

In the current economic climate, procurement teams face the challenge of reconciling the push for sustainability with the need for cost reduction. Businesses are urged to adopt eco-friendly practices even if they come at higher costs, while inflation drives the demand for cost cutting. The conventional belief that sustainability drives up cost is being challenged. Strategies such as Total...

From Automation to Analytics: How Technology Is Making Supplier Management More Efficient and Effective

In the rapidly evolving business landscape, effective supplier management is essential for competitiveness and success. Technology is reshaping this landscape, introducing automation, analytics, collaboration, transparency, and AI to enhance value and performance. Inefficient contract management causes potential value loss, while most procurement lacks advanced supplier relationship programs. Technology-driven automation streamlines tasks like ordering, boosting efficiency and supplier performance. Analytics...

The Importance of Relationship Management in Clinical Outsourcing

The success of clinical outsourcing depends on the relationship between the sponsor and the CRO. A lack of trust can lead to problems, so it is important to build strong relationships. Sourcing managers can play a key role in this by understanding the needs of both parties, facilitating communication and collaboration, managing conflict, and measuring and rewarding performance. By...

Survival of the Fastest: Why the ‘3 Ps’ Must Become the ‘4 Es’

Traditional businesses need to adopt technology platforms to improve efficiency, sustainability, and compliance. Technology platforms are essential for businesses to survive and thrive in today's world. Businesses that resist new technologies will be at a competitive disadvantage. The blog discusses three key challenges of not investing in new technology platforms: data leakage, compliance failure, and talent deficiency. It also...

Don’t Wait for the Procurement Reform Bill to Make Positive Change!

The UK public sector spends £300 billion a year on procurement. The Procurement Reform Bill is set to introduce positive change to the regulations that govern this process, but it is not due to be implemented until October 2024. Public sector organizations should not wait until then to make changes that can help address today's challenges. Here are some...

The NHS Efficiency Challenge – Time for a fresh approach

The NHS is facing the most challenging period since its inception, with performance standards not being met, compromised quality, and low patient satisfaction and outcomes. Add to these issues a burnt out and undervalued workforce dealing with long waiting lists, a diagnostic backlog brought about by COVID and most systems facing deficit positions not seen before, and it’s clear...

Return on Inclusion: Why you need to embrace the new ROI

Return on Inclusion (ROI) is a new concept that measures the value of diversity, equity, and inclusion (DE&I) in marketing. ROI can be measured in a variety of ways, such as through increased brand awareness, sales, and customer loyalty. There is a growing body of evidence that suggests that DE&I can have a positive impact on marketing ROI.

ChatGPT: Friend or Foe in the Pursuit of Sustainability?

We explore whether ChatGPT can help improve sustainability, examining the potential benefits and challenges of using AI to promote sustainable practices.

Business Case Development

Supporting a Central Government Department's Wave 2 of two multi million pound grant schemes to support vulnerable and less well off families.

Transformational Change Programme

Helping our client transform their Central Services Division and the value it provides the wider organisation through successful delivery of integrated technology and business change.

Post-merger Restructuring

Working with a multinational foreign exchange company on post-merger restructuring and novation of supply contracts following the acquisition of a global business payments business.

Operating Model Development & Implementation

Supporting a global payments company in a transition to a new procurement operating model and capability.

Operating Model Transition & Regulatory Remediation

Working with a UK challenger bank to define a new operating model for procurement and complete urgent remediation to ensure regulatory compliance.

Commercial Surge Partner

Providing Commercial support across a Central Government Department and its ALBs over a 4 year period.

Hospital Group Structure Development

Partnering to reform and refine the role of a financially failing District General Hospital (DGH).